5 Montgomery St | Bloomfield, NJ 07003
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5 Montgomery St
Bloomfield, NJ 07003
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 6,447 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1930/2016 |
| Building Class | C | ||
| Zoning | R-1B - Stores & Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 6,447 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2016 |
| Zoning | R-1B - Stores & Residential |
ABOUT 5 MONTGOMERY ST , BLOOMFIELD, NJ 07003
3 Story Brick/Stucco building with 4 apartments and 2 office units. The property contains approximately 5,750 SF of rentable space. Each apartment is approximately 950 SF and the offices are 1,100 SF and 850 SF. The building has been upgraded with a newer roof and windows and all of the tenants are responsible for paying their own utilities. There is upside potential in the rents, in which the township allows for a 3% increase per year.
PROPERTY TAXES
| Parcel Number | 02-00483-0000-00004 | Improvements Assessment | $449,000 |
| Land Assessment | $106,500 | Total Assessment | $555,500 |
PROPERTY TAXES
Parcel Number
02-00483-0000-00004
Land Assessment
$106,500
Improvements Assessment
$449,000
Total Assessment
$555,500
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