For Multi Family

65 Grove St,Bloomfield Twp., NJ 07003-6496

December 16, 2025

Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars?an enormous value-add in this area?this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you?re looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath

Property ID:PT-20996565-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 939,000 $

Bedrooms:8

Year Built:9999

Listing Details

Status: Active

Location

County: Essex

Lotsize: 35 X 100

Lot Identifier: 19

Home Details

Open Parking: 4

Basement: Yes

Renovated: 2025

Basmnt/Desc: Yes - Finished, Full, Walkout

Acreage: 0.08

Total Baths: 5.00

Unit Style: 3-Three Story, Under/Over

Number of Units: 3

Rooms: 21

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Immediately

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 1 Handicap: No

Unit 1 SqFt: 9999

Unit 1 Rent: 2500

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 2 Handicap: No

Unit 2 SqFt: 9999

Unit 2 Rent: 2517

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 2 Security Deposit: 2500

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 3 Handicap: No

Unit 3 SqFt: 9999

Unit 3 Rent: 1950

Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 3 Security Deposit: 1950

Block Identifier: 14

County Number: 16

Town Number: 1602

YB/Desc: 9999 - Renovated, Unknown

Easement: Unknown

Parking/Driveway Description: Parking Lot-Exclusive

Block Identifier: 14

County Number: 16

Town Number: 1602

Possession: Immediately

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Tax ID For Property: 1602-00014-0000-00019-0000-

Tax Amount: $15,711.00

Tax Year: 2024

Tax Rate: 3.392%

Tax Rate Year: 2025

Land Assessment: $89,200.00

Building Assessment: $374,000.00

Total Assessment: $463,200.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Electric, Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

65 Grove St,Bloomfield Twp., NJ 07003-6496

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