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    Three-Unit Residential Income Property
    Updated: Apr 21
    Three-Unit Residential Income Property

    124 Spruce Street, Bloomfield, NJ 07003

    $849,000
    3,064 sqft 0.07 AC lot
    Three‑family in Bloomfield with 1 three‑bedroom unit and two two‑bedroom units
    Solid rental income per listing remarks (sold as is)
    Public water and public sewer
    Cooling available for multi units
    Convenient location near shopping and the Garden State Parkway
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    This listing looks promising.

    Here's a quick look at some key insights for

    124 Spruce Street, Bloomfield, NJ 07003

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $733K
      Suggested

    • Property Type

      Quadplex
      Built 1880
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    Three-Unit Residential Income Property
    Updated: Apr 27
    Three-Unit Residential Income Property

    124 Spruce St, Bloomfield, NJ 07003

    $849,000
    0.26 AC lot
    Three‑family property with one 3‑bedroom unit and two 2‑bedroom units
    Solid rental income reported in the listing
    Public water and public sewer
    Year built: 1950
    Heating includes baseboard and hot water (heating)
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    76 Ella Street, Bloomfield, NJ 07003

    $778,000
    2,430 sqft 0.09 AC lot

    Three-story triplex with separate utilities, a renovated third-floor unit, and a rare detached 2-car garage.

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    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    237 E Passaic Ave, Bloomfield, NJ 07003

    $869,000
    0.49 AC lot

    Two-unit multifamily property with potential for owner-occupiers and investors.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Bloomfield, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ready-to-Go Triplex with Vacant Units
    Ready-to-Go Triplex with Vacant Units

    527 N Grove St, East Orange, NJ 07017

    $679,000
    0.09 AC lot

    Triplex with two vacant units and recently redone floors and a bathroom for streamlined move-in or tenancy.

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    East Orange Multifamily Investment Opportunity
    East Orange Multifamily Investment Opportunity

    17 westcott Street, East Orange, NJ 07017

    $350,000
    3,261 sqft

    Three-family property in East Orange, ideal for renovation.

    View details
    Three-Family Residential Income Property
    Three-Family Residential Income Property

    37 Springdale Ave, Newark, NJ 07107

    $690,000
    0.09 AC lot

    Owner-occupied first floor with a vacant two-bedroom second floor, plus a detached garage and private yard area.

    View details
    Legal Three-Family with 9-Spot Parking
    Legal Three-Family with 9-Spot Parking

    272 Parker St, Newark, NJ 07104

    $849,999

    Three-unit property includes 2-bedroom layouts and substantial parking, plus a finished basement for added flexibility.

    View details

    Bloomfield, NJ Triplexes Market Trends and Statistics

    Explore 4 triplexes for sale in Bloomfield, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,494 square feet of properties for sale, with an estimated market value of $1,627,000.

    Sale prices for three-family homes in Bloomfield, NJ start at $778,000, averaging $813,500, and reaching up to $849,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 14
    Apartment buildings 4
    Quadplexes 4
    Triplexes 4

    Demographics Overview

    Population 53K
    Population Growth (5Y) +8.4%
    Median Household Income $98,805
    College Educated 65.7%

    High-Yield Neighborhoods for Investment

    Identify Bloomfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07003 $849K

    Taxes & Financing

    Tax Rate (average for all types) 3.28%
    Property Tax per SF $7.96 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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