237 E Passaic Avenue

Bloomfield, NJ 07003

$869,000

5 bd / 4 ba

Property Tax: $14,321/year

This exceptional two-unit multi-family property, set back on a deep half-acre lot, offers surprises and opportunities for owner-occupiers and investors alike! Upon entering the shared foyer, you have access to two distinct units, one on each floor, as well as a boarder apartment on the third floor. The first-floor, 2-bedroom, 1-bath unit is thoughtfully updated, featuring original molding and hardwood throughout the living area and spacious bedrooms. The large, light-filled eat-in-kitchen boasts updated appliances, countertops, and ample storage. Through the kitchen sliders, you access a deep yard with endless possibilities and a large blacktop with space for 6 cars. The second-floor features a freshly painted 2-bedroom, 2-bath unit with a modern kitchen and a bonus space perfect for an office or den off the primary bedroom. The third floor is currently configured as a boarder unit with 1 bedroom and 1 bath, and could be easily combined with the second-floor unit or remain an income-generating boarder apartment. Recent upgrades include 2 new HW heaters, new furnace, and chimney liner in 2023/24. Don’t miss this fantastic opportunity to own an income-producing property and/or to live “rent free” as an owner!