67 Park Ave - Apartments FOR SALE


Bloomfield, NJ 07003
$2,490,000 USD
917-696-0802
67 Park Ave, Bloomfield, NJ for Sale
$2,490,000 USD
Apartments - FOR SALE
1/34
null | 5.85% Cap Rate

67 Park Ave
Bloomfield, NJ 07003


HIGHLIGHTS

  • Onsite Parking.
  • One block from Glen Ridge train station.
  • Excellent income and growth potential.

OVERVIEW

Prime Investment Opportunity in the Heart of Bloomfield, NJ Discover a turnkey, income-producing property at 67 Park Avenue, Bloomfield, NJ — a fully renovated 7,000 SF mixed-use building ideally positioned just one block from the Glen Ridge train station. This property offers a versatile blend of residential and office spaces, including: Three spacious two-bedroom apartments Three comfortable one-bedroom apartments Two modern, dedicated office suites Each unit features separate utilities, updated finishes, and functional layouts designed for tenant comfort and simplified management. The building also includes ample on-site parking, a highly sought-after amenity in this central location. Positioned moments from Bloomfield Avenue’s vibrant downtown corridor, residents and tenants enjoy immediate access to dining, shopping, and everyday conveniences. Commuters benefit from direct train access to New York City, enhancing the property’s appeal to both residential and professional tenants. Whether you’re an investor seeking strong, stable cash flow or a buyer looking for a live-work opportunity, 67 Park Avenue delivers exceptional versatility and long-term upside. Highlights: ±7,000 SF fully renovated mixed-use building (3) Two-Bedroom Units | (3) One-Bedroom Units | (2) Office Suites Separate utilities for each unit Ample on-site parking One block from Glen Ridge train station Minutes to Bloomfield Avenue retail and restaurants Excellent income and growth potential

FOR SALE DETAILS

PRICE

$2,490,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

6

PRICE/UNIT

$415,000

CAP RATE

5.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

67 Park Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R1-B

APN/PARCEL ID

02-00249-0000-00001

ASK ABOUT THIS PROPERTY

Cheryl DarmaninKW CommercialMore Info
917-696-0802

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Cheryl DarmaninKW CommercialMore Info
917-696-0802

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.