Property

Bloomfield Twp., NJ 07003 19 Franklin St

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Presented By: UNITED REAL ESTATE; 888-501-6953
  • MLS# 3970115
  • 06/18/2025
  • Request Tour
  • Request Info
  • Garage • 7

Home Details

19 Franklin Street is a mixed-use commercial building, in the vibrant Bloomfield, with 6 income-generating rentals. Fully renovated in 2023, offering modern finishes and strong tenant appeal across all units. This renovated building features a total of 6 rental spaces: the second floor consists of three spacious 2-bedrooms, 1-bath residential unit; the first floor hosts a fully leased retail storefront; the garage and the basement is also rented, maximizing income potential. The property offers six private parking spaces. Each residential space is outfitted with stainless steel appliances, sleek new cabinetry, and beautiful hardwood flooring throughout. Tenants enjoy in-unit laundry, added convenience, and enhanced privacy. The building is secured with surveillance cameras and has been meticulously cared for inside and out. Strategically positioned across the street from a shopping center, a bank, restaurants, and a bus station, this property offers excellent foot traffic, high visibility, and unmatched accessibility for commuters and shoppers alike. Whether you're an investor looking for a low-maintenance, cash-flowing asset or seeking to expand your portfolio,19 Franklin Street delivers lasting value and strong stream of passive income.
Presented By: UNITED REAL ESTATE; 888-501-6953

Interior Features for 19 Franklin St

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath3
Num Units w/Half Bath
Half Baths

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units3
Num 1 Bdrm Units
BasementFinished, Full
Fuel TypeElectric, Gas-Natural
Total Stories2

General for 19 Franklin St

ConstructionBrick/Block
CoolingCentral Air
CountyEssex
DirectionsWatsessing Ave to Franklin St
Documents AvailableSurvey
DriveBlacktop, Off-Street Parking, Parking Lot-Exclusive
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Security System, Smoke Detector
Garage Spaces7
Gross Income190020
HeatingForced Hot Air
Leasable Area
Lease IncludesBuilding Insurance, Building Maintenance, Common Area Maint, Sewer, Taxes, Trash Removal, Water
Lease InformationMonth-To-Month
LocationBusiness District
Net Operating Income152130
Num Apts3
Number Of Units Total4
Operating Expense37889
OwnershipFee Simple
PossessionAt Closing
Property TypeApartment Complex
Property TypeApartment Complex
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount22048
Tax Assessed Value650000
Tax Lot2
Tax Year2024
Tenant PaysCable T.V., Electric, Gas, Heat, Hot Water
Town #1602
TownshipBloomfield Twp.
UtilitiesGas-Natural
Utilities Paid ByTenant
Year Built1983
ZoningCommercial

Exterior for 19 Franklin St

Building Area Total
Exterior DescriptionBrick/Block
Lot Dimensions60 X 82
Lot Size Acres0.11
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $2,300,000
MLS#3970115
List Date 06/18/2025
Property Type Commercial
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