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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 2,100,000

Est. payment -/mo

Save

Active

19 Franklin St Bloomfield Twp., NJ 07003

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3970115

Year Built 1983

Annual Tax Amount $22,048

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

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.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Finished, Full

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Appliances, Fire Alarm, Security System, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by UNITED REAL ESTATE

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

North Star Academy Charter Schools of Newark

Public | KG - 12
9

Maria Varisco Rogers Charter School

Public | KG - 8
8

Ridgewood Avenue School

Public | 3 - 6
8

Robert Treat Academy Charter School

Public | KG - 8
8

Yantacaw School

Public | KG - 6
8

Belleville Ps9

Public | KG - 5
7

Hillside Elementary School

Public | 3 - 5
7

Pride Academy Charter School

Public | 5 - 8
7

Demarest Elementary School

Public | PK - 6
7

Radcliffe School

Public | PK - 6
7

Spring Garden School

Public | PK - 6
7

Washington School

Public | KG - 6
7

Jefferson Elementary School

Public | KG - 5
6

J. Garfield Jackson Sr. Academy

Public | KG - 5
6

Charles H. Bullock School

Public | KG - 5
6

Watchung Elementary School

Public | KG - 5
6

Carteret Elementary School

Public | PK - 6
6

Franklin Elementary School

Public | PK - 6
6

First Avenue Elementary School

Public | PK - 8
6

Branch Brook Elementary School

Public | PK - 4

Middle Schools 13

9

Science Park High School

Public | 7 - 12
8

Glen Ridge High School

Public | 7 - 12
6

East Orange STEM Academy High School

Public | 6 - 12
6

Bloomfield Middle School

Public | 7 - 8
6

John H. Walker Middle School

Public | 7 - 8
5

Cicely L. Tyson Community Middle/High School

Public | 6 - 12
4

Renaissance Middle School at the Rand Building

Public | 6 - 8
4

Washington Middle School

Public | 6 - 8
4

Belleville Middle School

Public | 7 - 8
3

Glenfield Middle School

Public | 6 - 8
3

John L. Costley Middle School

Public | 6 - 8
3

Sojourner Truth Middle School

Public | 6 - 8
1

Patrick F. Healy Middle School

Public | 6 - 8

High Schools 20

10

Technology High School

Public | 9 - 12
6

North 13th St Tech

Public | 9 - 12
6

Bloomfield Tech

Public | 9 - 12
5

Montclair High School

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
5

Nutley High School

Public | 9 - 12
4

Bloomfield High School

Public | 9 - 12
4

Harrison High School

Public | 9 - 12
4

Kearny High School

Public | 9 - 12
1

East Orange Campus High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Barringer High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
1

Newark Preparatory Charter School

Public | 9 - 10
1

Belleville High School

Public | 9 - 12
0

Immaculate Conception High School

Private | 9 - 12
0

St Vincent Academy

Private | 9 - 12
0

Bridges Academy @ Forest Glen

Public | 9 - 12
0

Christ the King Prepatory School

Private | 9 - 12
0

Knowledge Advanced Skills West

Public | 9 - 12

School and business data provided by Attom Data.