Skip To Content

19 Franklin St

Bloomfield Twp., NJ 07003
  • $2,100,000
  • STATUS: Active
  • ON SITE: 180 Days
  • ID#: 3970115
$2,100,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1983
County:

School Ratings & Info

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.

Monthly Payment Calculator



Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-15T23:48:31.68.
www.rowackrealestateteam.com/homes/165016666
Print Image

19 Franklin St Bloomfield Twp., NJ 07003

  • Price: $2,100,000
  • Status: Active
  • On Site: 180 Days
  • ID#: 3970115
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1983
Built
County:
Essex
Area:
Bloomfield Twp.
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.
Exterior Features

Approximate Lot Size 60 X 82 Construction Brick/Block Exterior Description Brick/Block Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopOff-Street ParkingParking Lot-Exclusive Roof Description See Remarks

Interior Features

Basement Yes Basement Description FinishedFull Cooling Central Air Equipment Available AppliancesFire AlarmSecurity SystemSmoke Detector Heating Forced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

Available Immediately For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 190020 Lease Includes Building InsuranceBuilding MaintenanceCommon Area MaintSewerTaxesTrash RemovalWater Net Operating Income 152130 Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Business Sewer Public Sewer Suite Number 0 Tax Amount 22048 Tax Rate Amount 3.392 Tax Rate Year 2024 Tax Year 2024 Tenant Pays Cable T.V.ElectricGasHeatHot Water Total Operating Expense 37889 Utilities Gas-Natural Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning Commercial

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: 888-501-6953.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-12-15T23:48:31.68.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3970115-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3970115-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3970115-2.jpg
Logo
eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042