Attention savvy investors and owner-occupiers: welcome to 17 Maolis Avenue, a premier cash-flowing asset nestled on a prime corner lot right by the scenic Watsessing Park. This building offers an incredibly stable and diversified rental income stream with a total tenancy of 4 units, consisting of 3 residential apartments plus the anchor 1st-floor restaurant, deli, or bar space. The commercial storefront is currently vacant and primed to maximize your returns, featuring brand-new exhaust hoods and essential kitchen miscellaneous setups ready for immediate build-out. For added income, the property also includes a rented-out detached garage. Tenants will love the park-adjacent lifestyle, excellent neighborhood visibility, and quick access to local transit. With separate utilities and multiple revenue streams in a highly desirable Bloomfield market, this turnkey asset is a portfolio crown jewel. Inquire today before it's gone!
| MLS # | 4045553 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 49 |
| Listing Provided By | REALTY 33, LLC | ONYEMAECHI OKAFOR |
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
| Zoning | COMMERCIAL |
| Property | 10030 |
|---|
| State | NJ |
|---|---|
| County | Essex |
| City | Bloomfield Twp. |
| Zip Code | 07003 |
| Area | Essex |
| Listing VS Median (in 07003) | |
Price: $1,600,000 low | high Med: $479,999 On site: 49 low | high Med: 67 | |
| State | NJ |
|---|---|
| County | Essex |
| City | Bloomfield Twp. |
| Zip Code | 07003 |
| Area | Essex |
| Listing VS Median (in 07003) | |
Price: $1,600,000 low | high Med: $479,999 On site: 49 low | high Med: 67 | |