Three-Story
76 Ella Street, Bloomfield, NJ 07003
For Sale
New
$778,000
Multi-Family, 3-Three Story, Triplex, Bloomfield Twp., NJ
Property Size2,430 SF
Lot Size0.09 Acres
Price / SF$320.16
Days on Market3
Property Features for 76 Ella Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school
Middle school
High school
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
washer/dryer hookups
storage
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Buildings
Listing Agency:
FAIRCLOUGH REALTORS
Listed By:
CLAYTON PANNASCH · License NJ #1537153
(973) 726-7800
Added: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 4064177
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,430-square-foot, three-story triplex contains two 2-bedroom, 1-bathroom apartments on the first and second floors, each with an additional rear room. The third-floor unit has 1 bedroom and 1 bathroom and is renovated. Each apartment has separate utilities and washer/dryer hookups, with dedicated basement storage. A six-car driveway serves the property. The building was constructed in 1928 on a 0.09-acre parcel and is zoned R-2B.
All three apartments are on month-to-month leases. The property is one block from the Watsessing Avenue NJ Transit station. Regulatory documentation includes a current NJ DCA Certificate, Multiple Dwelling Registration, Lead Safe Certificate LC-24-0926, and a fire escape structural certification valid through October 6, 2031.
All three apartments are on month-to-month leases. The property is one block from the Watsessing Avenue NJ Transit station. Regulatory documentation includes a current NJ DCA Certificate, Multiple Dwelling Registration, Lead Safe Certificate LC-24-0926, and a fire escape structural certification valid through October 6, 2031.
Key Highlights
- Three apartments: two 2‑bedroom, 1‑bathroom units and one renovated 1‑bedroom, 1‑bathroom unit
- 2,430 square feet on a 0.09‑acre parcel; built in 1928
- Six‑car driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,669
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,380
$813.4K
Cap Rate 7%
$580,986
$581.0K
Cap Rate 9%
$451,878
$451.9K
Market Conditions
NOI Build-Up for 2,430 SF
Gross rent
$62.1K $25.56/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$58.1K $23.91/SF
− OpEx
−$17.4K −$7.17/SF
NOI
$40.7K $16.74/SF
Area
Essex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,380
Cap Rate 7%
$580,986
Cap Rate 9%
$451,878
Alternative Uses
Best Use
Multifamily LT 5
$581.0K
$508.4K – $677.8K
NOI $40,669 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$533.8K
$467.1K – $622.8K
NOI $37,369 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$634.5K
$555.2K – $740.3K
NOI $44,417 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
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Business Placement
Demographics for 07003, NJ
52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,992
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Essex County, NJ
Properties on Market for Triplexes in Essex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments have separately metered utilities, individual laundry hookups, and dedicated basement storage.
Where is this triplex located?
The property is located at 76 Ella Street Bloomfield, NJ.
What is the asking price?
The asking price for this property is $778,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bathroom units and one renovated 1‑bedroom, 1‑bathroom unit; 2,430 square feet on a 0.09‑acre parcel; built in 1928; Six‑car driveway
