$939,000

65 Grove St, Bloomfield Twp., NJ 07003

  • 8 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars?an enormous value-add in this area?this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you?re looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath

Listing Status:
Active
Listing Office:
EXP REALTY, LLC : 866-201-6210
MLS ID:
4001870
  • Basement: FinishedFullWalkout
  • A/C: Window A/C(s)
  • Heating: 3 UnitsBaseboard - ElectricBaseboard - HotwaterGas-Natural
  • General: Vinyl Siding
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Parking Lot-Exclusive
  • Zoning: 1602-00014-0000-00019-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of EXP REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carteret Elementary School

158 Grove St, Bloomfield, NJ, 07003

Grades PK-6

0.23 miles away

B

Bloomfield Middle School

60 Huck Rd, Bloomfield, NJ, 07003

Grades 7-8

3.42 miles away

B

Bloomfield High School

160 Broad St, Bloomfield, NJ, 07003

Grades 9-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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