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76 Ella Street
Bloomfield, NJ 07003
Asking Price
$778K
Cap Rate
7.3%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
76 Ella Street, Bloomfield, NJ 07003 <ul><li>3-unit Residential Income Property in Bloomfield Township, Essex County</li><li>Direct NJ Transit Access to Penn Station via the Morristown LINE</li><li>Watsessing Avenue Nj Transit Station is a 3-minute Walk From 76 Ella Street</li><li>Below-market Rents Represent the Primary Value-add Opportunity for the Acquiring Investor, Requiring Minimal Physical and/or Capital Improvements</li><li>Detached 2-car Garage and Exclusive 6-car Driveway — Rare in Bloomfield's Dense Residential Grid
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NOI
$80,000
Cap Rate
10.28%
DSCR
1.73
Strong
Cash-on-Cash
14.49%
Monthly Payment
$3,849.12
Annual Cash Flow
$33,810.566
