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38 Prospect St Bloomfield, NJ $ 849,999
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38 Prospect St
$ 849,999
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38 Prospect St

Bloomfield, NJ, 07003
$ 849,999
Bedrooms6 Baths5.0

Monthly Estimate*

$ 5,234

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Multi-Family Home for sale in Bloomfield, NJ

for $849,999 with 6 bedrooms and 5 full baths. This home was built in 1919 on a lot size of 0.07.

Opportunity to acquire a legal 3-family property with strong in-place rental income and significant upside potential. Ideal for investors seeking stable cash flow with value-add opportunities through below-market rents and recent capital improvements

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Multi-Family Active

Price

$ 849,999

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 13,575

Style

3-Three Story

Lot Size

0.07

Year Built

1919

Town/City

Bloomfield

County/Region

Essex

MLS | Web ID

4024541
Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector Tile Floors Wood Floors
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater Forced Hot Air Radiators - Hot Water
Cooling 2 Units Central Air Ductless Split AC Window A/C(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1919
Garage Detached Garage
Township Bloomfield Twp.
Tax Year 2025
Gross Income 80100
County Essex
Net Operating Income 60425
Operating Expense 19675
Total Rooms 13
Full Baths 5
Status Active
Directions Prospect St between Willow St and Carteret St
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 13575
Drive 1 Car Width Blacktop Driveway-Shared
Standard Status Active
Tax Assessed Value 389100
Town # 1602
Tax Lot 18
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Exterior
Exterior Amenities Open Porch(es)
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 30 X 107
Lot Size Acres 0.07
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* Excluded Features
List By
BRIAN QUESADA

Listing Agent

Prestige Property Group Montclair

Broker

Affordability Calculator

$6,365
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$1,131
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$849,999 Listed Price

Map

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38 Prospect St, Bloomfield, NJ, 07003 is a Multi-Family Home for sale at $849,999 with a lot size of 0.07. 38 Prospect St has 6 bedrooms, 5.0 baths, and was built in 1919. The property's zip code is 07003 which is in Bloomfield, NJ

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