38 Prospect St
Bloomfield Twp, NJ 07003
Price: $849,999
GSMLS: 4024541Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 4 Full
Garage: 2-Car
Year Built: 1919
Acres: 0.07
Property Tax: $13,575
Description
Opportunity to acquire a legal 3-family property with strong in-place rental income and significant upside potential. Ideal for investors seeking stable cash flow with value-add opportunities through below-market rents and recent capital improvements
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
30 X 107
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop, Driveway-Shared
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Family Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater, Forced Hot Air, Radiators - Hot Water
Heating Fuel:
Electric, Gas-Natural
Cooling:
2 Units, Central Air, Ductless Split AC, Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Bloomfield Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$849,999
Tax Amount:
$13,575
Land Assessment:
$51,200
Build. Assessment:
$337,900
Total Assessment:
$389,100
Tax Rate:
3.49
Tax Year:
2025
Listing Information
MLS ID:
4024541
List Date:
04-30-2026
Days On Market:
0
Listing Broker:
PRESTIGE PROPERTY GROUP MONTCLAIR
Listing Agent:
Brian Quesada
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
