39 La France Ave, Bloomfield Twp., NJ 07003

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List Price
$779,000
Status
UNDER CONTRACT
MLS#
4047431
Bedrooms
5
Bathrooms
4
County
Essex
City
Bloomfield Twp.
Year Built
1930

Property Description

Welcome to an exceptional three-family investment opportunity in one of Bloomfield's most desirable and commuter-friendly neighborhoods! Ideally located just a short walk to NYC bus service and minutes from the Midtown Direct train, this property offers unbeatable convenience for commuters and strong rental demand. All three units are well maintained and thoughtfully laid out, featuring spacious living areas, separate utilities, generous closet space, and updated kitchens, bathrooms, and flooring. The property currently produces over $90,000 in annual gross rental income, with additional upside potential for an investor looking to maximize future returns. Adding even more value is a four-car garage currently generating $950/month, plus convenient off-street parking an attractive income stream and highly desirable amenity in Bloomfield. Whether you're a seasoned investor, first-time landlord, or owner-occupant looking to offset your mortgage with rental income, this property checks all the boxes: excellent location, multiple income streams, strong rental appeal, and room to grow. Opportunities like this are hard to find don't miss your chance to own a versatile, income-producing property in a prime Bloomfield location! DCA Certificate of Registration good through 08/06/27.

Additional Information

Exterior
Aluminum Siding
Lot Description
Level Lot
Basement
Yes
Garage
Detached Garage
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX ELITE REALTY, Contact: 973-287-6047