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67 Park Avenue 67 Park Ave 6 Unit Apartment Building $3,475,841 CAD ($579,307 CAD/Unit) 5.85% Cap Rate Bloomfield, NJ 07003
INVESTMENT HIGHLIGHTS
- Onsite Parking.
- Excellent income and growth potential.
- One block from Glen Ridge train station.
EXECUTIVE SUMMARY
Prime Investment Opportunity in the Heart of Bloomfield, NJ
Discover a turnkey, income-producing property at 67 Park Avenue, Bloomfield, NJ — a fully renovated 7,000 SF mixed-use building ideally positioned just one block from the Glen Ridge train station.
This property offers a versatile blend of residential and office spaces, including:
Three spacious two-bedroom apartments
Three comfortable one-bedroom apartments
Two modern, dedicated office suites
Each unit features separate utilities, updated finishes, and functional layouts designed for tenant comfort and simplified management. The building also includes ample on-site parking, a highly sought-after amenity in this central location.
Positioned moments from Bloomfield Avenue’s vibrant downtown corridor, residents and tenants enjoy immediate access to dining, shopping, and everyday conveniences. Commuters benefit from direct train access to New York City, enhancing the property’s appeal to both residential and professional tenants.
Whether you’re an investor seeking strong, stable cash flow or a buyer looking for a live-work opportunity, 67 Park Avenue delivers exceptional versatility and long-term upside.
Highlights:
±7,000 SF fully renovated mixed-use building
(3) Two-Bedroom Units | (3) One-Bedroom Units | (2) Office Suites
Separate utilities for each unit
Ample on-site parking
One block from Glen Ridge train station
Minutes to Bloomfield Avenue retail and restaurants
Excellent income and growth potential
Discover a turnkey, income-producing property at 67 Park Avenue, Bloomfield, NJ — a fully renovated 7,000 SF mixed-use building ideally positioned just one block from the Glen Ridge train station.
This property offers a versatile blend of residential and office spaces, including:
Three spacious two-bedroom apartments
Three comfortable one-bedroom apartments
Two modern, dedicated office suites
Each unit features separate utilities, updated finishes, and functional layouts designed for tenant comfort and simplified management. The building also includes ample on-site parking, a highly sought-after amenity in this central location.
Positioned moments from Bloomfield Avenue’s vibrant downtown corridor, residents and tenants enjoy immediate access to dining, shopping, and everyday conveniences. Commuters benefit from direct train access to New York City, enhancing the property’s appeal to both residential and professional tenants.
Whether you’re an investor seeking strong, stable cash flow or a buyer looking for a live-work opportunity, 67 Park Avenue delivers exceptional versatility and long-term upside.
Highlights:
±7,000 SF fully renovated mixed-use building
(3) Two-Bedroom Units | (3) One-Bedroom Units | (2) Office Suites
Separate utilities for each unit
Ample on-site parking
One block from Glen Ridge train station
Minutes to Bloomfield Avenue retail and restaurants
Excellent income and growth potential
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$276,392
|
$39.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$276,392
|
$39.48
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$73,044
|
$10.43
|
| Net Operating Income |
$203,348
|
$29.05
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $276,392 |
| Annual Per SF | $39.48 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $276,392 |
| Annual Per SF | $39.48 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $73,044 |
| Annual Per SF | $10.43 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $203,348 |
| Annual Per SF | $29.05 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Trash Compactor
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 02-00249-0000-00001 | Improvements Assessment | $706,653 CAD (2025) |
| Land Assessment | $225,584 CAD (2025) | Total Assessment | $932,237 CAD (2025) |
PROPERTY TAXES
Parcel Number
02-00249-0000-00001
Land Assessment
$225,584 CAD (2025)
Improvements Assessment
$706,653 CAD (2025)
Total Assessment
$932,237 CAD (2025)
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