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
Active
$939,000
65 Grove St, Bloomfield Twp., NJ 07003
8beds
29,997sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Finished basementNumerous updates throughout
- 22 hours |
- 261 |
- 9 |
Likely to sell faster than
Zillow last checked: 17 hours ago
Listing updated: 17 hours ago
Listed by:
Ismail Saleh 201-280-3814,
Exp Realty, Llc
Source: GSMLS,MLS#: 4001870
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 3 Units, Baseboard - Electric, Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator
Features
- Bedrooms, Dining Room, Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 29,997
- Total interior livable area: 29,997 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot-Exclusive
- Uncovered spaces: 4
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 35 x 100
Details
- Parcel number: 1602000140000000190000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Major remodel year: 2025
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Bloomfield
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $463,200
- Annual tax amount: $15,711
- Date on market: 12/16/2025
- Total actual rent: 6967
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $939,000+10.5%$31/sqft |
Source: | ||
| 10/4/2024 | Sold | $850,000+6.4%$28/sqft |
Source: | ||
| 8/7/2024 | Pending sale | $799,000$27/sqft |
Source: | ||
| 7/22/2024 | Listed for sale | $799,000+20.2%$27/sqft |
Source: | ||
| 7/14/2023 | Sold | $665,000+11%$22/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,712 | $463,200 |
| 2024 | $15,712 +5.9% | $463,200 |
| 2023 | $14,832 +1.9% | $463,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,488/mo
Principal & interest
$4578
Property taxes
$1581
Home insurance
$329
Climate risks
Neighborhood: 07003
Nearby schools
GreatSchools rating
- 5/10Carteret Elementary SchoolGrades: K-6Distance: 0.2 mi
- 4/10Bloomfield Middle SchoolGrades: 7-8Distance: 3.4 mi
- 4/10Bloomfield High SchoolGrades: 9-12Distance: 1.7 mi
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