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223-227 Broad St
Bloomfield, NJ 07003

Multifamily Property For Sale · 21 Units

PROPERTY FACTS

No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.50 AC
Construction Status Abandoned
Building Size 23,974 SF
No. Stories 3
Parking Ratio 1.5/1,000 SF

About 223-227 Broad St , Bloomfield, NJ 07003

APPROVED! 21 units, 12 one-bedrooms, 9 two-bedrooms, 36 on-site parking spaces. 5 year tax abatement. Walking distance to train! This building consists of approx. 24k sq ft of residential space and will generate almost $600k in annual income. The project is fully approved, resolution in hand, mechanical drawings in hand, all permits ready to be picked up at building department. Lot has been cleared, site work could begin ASAP. All documents are available for review, income analysis and proforma are attached. Any questions, call or text 201-954-8044.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - -
2+2 9 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00516-0000-00001
Land Assessment
$840,000
Improvements Assessment
$0
Total Assessment
$840,000
  • Listing ID: 14233255

  • Date on Market: 10/30/2018

  • Last Updated:

  • Address: 223-227 Broad St, Bloomfield, NJ 07003

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