








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bloomfield at 159 N 15th St, Bloomfield, NJ, 07003 listed at $639,900 pairs $5,280/mo rent with a $3,132/mo payment to leave $719/mo cash flow. Total monthly income runs $5,280/mo, and annual cash flow reaches $8,627/yr on $210,527 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 9.9% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 126.83% and total cumulative return in cash totals $267,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,280/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1928
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michelle M. Torella • Coccia Real Estate Group, Llc.
Mls Name: GSMLS
Mls ID: #3997631