19 Franklin St, Bloomfield Twp., NJ 07003

$1,900,000

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List Price
$1,900,000
MLS#
4029733
Dom
1
Year Built
1983
Status
ACTIVE
County
Essex
City
Bloomfield Twp.
Acres
0.11

Property Description

Opportunity meets momentum at 19 Franklin Street; a fully renovated mixed-use asset in the heart of thriving Bloomfield. Reimagined in 2023 with modern finishes and income optimization in mind, this turnkey property delivers immediate cash flow with 6 income-producing rental spaces under one roof. The 2nd floor features three spacious 2-bedrooms, 1-bath residential apartments, thoughtfully updated with stainless steel appliances, sleek contemporary cabinetry, in-unit laundry, and hardwood flooring. On the ground level, a fully leased retail storefront benefits from constant exposure and steady traffic, while the separately rented garage and basement create additional revenue streams that maximize the property's earning potential. Beyond the numbers, this is the kind of asset investors wait for: low maintenance, fully updated, and strategically positioned for long-term appreciation. Positioned directly across from a shopping center, bank, restaurants, and public transportation, 19 Franklin Street sits in one of Bloomfield's most commuter-friendly and high-visibility locations, a major advantage for both residential and commercial tenants alike. With multiple streams of consistent income, strong rental demand, and a prime location in an expanding market, this is more than a property; it's an opportunity engineered for lasting returns. Add this exceptional investment property to your portfolio today.

Additional Information

Taxes
$22,678
Cooling
Central Air, Multi-Zone Cooling
Exterior
Brick/Block
Garage Spaces
8
Heating
Forced Hot Air, Multi-Zone
Roof
See Remarks
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Corner

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