1 Bay Ave
Bloomfield Twp, NJ 07003
Price: $999,999
GSMLS: 4033865Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 9
Baths: 4 Full
Garage: No
Year Built: Unknown
Acres: 0.09
Property Tax: $17,989
Description
Investment Opportunity! Spacious 4-family property offering strong income potential and flexibility for both owner-occupants and investors. Units 1-3 each feature 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. Unit 4 offers 3 bedrooms, 1 full bathroom, a living room, and a kitchen, providing additional rental income potential. Whether you're looking to live in one unit and offset your mortgage with rental income or add a cash-flowing asset to your portfolio, this property is a fantastic opportunity to build long-term wealth through real estate. Property has a brand new sewer line.
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
See Remarks
Lot Size:
41 X 95
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water
Handicap:
No
Utilities
Heating:
Radiant - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
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:
$999,999
Tax Amount:
$17,989
Land Assessment:
$120,400
Build. Assessment:
$395,200
Total Assessment:
$515,600
Tax Rate:
3.49
Tax Year:
2025
Listing Information
MLS ID:
4033865
List Date:
06-11-2026
Days On Market:
2
Listing Broker:
REAL
Listing Agent:
Peter Tlatelpa
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
