Property summary
This exceptional Class A, 18-unit apartment building in Bloomfield, New Jersey, presents a compelling investment opportunity. Built in 2016, the property boasts a 100% occupancy rate and a strong net operating income (NOI) of $453,227, yielding a 6.47% cap rate on an asking price of $7,000,000. The building sits on a substantial 2.8283-acre lot and offers a mix of unit sizes and layouts. Four first-floor units feature attached garages, while seven second-floor units offer 1,100 square feet… of living space with two bedrooms and two full bathrooms. An additional seven second-floor units provide even more spacious 1,500-square-foot lofts, each with two bedrooms and two full bathrooms. All units include hardwood floors, in-unit washer/dryers, stainless steel appliances (including dishwashers and microwaves), central air conditioning, and either a private patio (first floor) or balcony (second and third floors). The property also includes 38 parking spaces (more than two per unit), presenting a potential value-add opportunity for increased rental income. Its convenient location near major highways, Downtown Montclair, and train service enhances its appeal to renters. The gross annual rental income is $592,344, and the price per unit is $388,888.89. This property offers a rare combination of luxury amenities, high occupancy, and strong financial performance in a desirable New Jersey location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
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