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Tenant-Occupied Duplex with Garage
For Sale
$599,000

89 Division Street, Bloomfield, NJ 07003

Two leased apartments offer separate living spaces, including a finished basement and attached garage.

Property Size995 SF
Price / SF$602.01
Days on Market132

Property Features for 89 Division Street

General Information

Standard status Active
Size 995 SF
Total Parking Spaces 1
Property subtype Multi Family / 2-Two Story
Occupancy 100%
Net Operating Income $27,000

Property Condition

Severity Repairs Needed
Evidence does require updates

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $11,981

Amenities

Yes
Asphalt Shingle
Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Finished
Brick/Block

Building Details

Year Built 1960
Buildings 1
Tenancy Multi
Listing Agency: WEST OF HUDSON REAL ESTATE
Listed By: ANNAMARIE CLEMENTI · License #286360
Source: Compass
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 31 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEST OF HUDSON REAL ESTATE

Investment Insights

Based on property information with market context.

This 1960-built duplex at 89 Division Street includes two separate apartments and an attached one-car garage. The first-floor residence has three bedrooms, one full bath, an eat-in kitchen, and a finished basement with laundry, utility, and bonus areas. The second-floor apartment provides two bedrooms, a living room, dining room, kitchen, and full bath. Brick/block exterior construction and wood and tile flooring are among the property features.

Both apartments are currently occupied, with leases extending through 12/30/2026. The property is being sold as-is and requires updates, offering a renovation project with existing residential income. Set on a quiet dead-end street in Bloomfield, the duplex is near shopping and local amenities.

Key Highlights

  • Two‑family duplex with separate first- and second‑floor apartments
  • Both units tenant‑occupied; leases expire 12/30/2026
  • First‑floor unit includes 3 bedrooms, finished basement, laundry room, and one‑car attached garage

Property Analytics

Current Use

WE BUY COLLECTIBLES ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Catering Service Storage Facility (Bike/Boat/Book/etc) Store Tech Support Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased apartments offer separate living spaces, including a finished basement and attached garage.
Where is this duplex located?
The property is located at 89 Division Street Bloomfield, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑family duplex with separate first- and second‑floor apartments; Both units tenant‑occupied; leases expire 12/30/2026; First‑floor unit includes 3 bedrooms, finished basement, laundry room, and one‑car attached garage
More about this property
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