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411-417 Broad St, Bloomfield, NJ 27 Rocco St, Belleville, NJ
Garden Essex Portfolio
Asset ClassMultifamily
# Buildings: 3# Units: 49Access Data Room
49 Units | Bloomfield & Belleville, NJ | Mixed-Use Income Stream | Prime Essex County Location
overview of deal

Overview

The Garden Essex Portfolio comprises two well-located assets, 411-417 Broad St in Bloomfield and 27 Rocco St (Rocco Apartments) in Belleville, totaling 45 residential units and 4 retail spaces across 3 buildings on 0.84 acres. Both properties feature a mix of one-, two-, and three-bedroom layouts (33 1BR / 10 2BR / 2 3BR), with 4 retail spaces at the Bloomfield asset. This combination of residential and street-level retail supports diversified income within an established Essex County setting.

 

Situated in Bloomfield and Belleville, Essex County, NJ, the Portfolio is a prime Essex County location with access to the New York Metro, approximately 15 miles from Manhattan. The assets benefit from proximity to Route 21, I-280, and the Garden State Parkway, Bloomfield Station (Montclair-Boonton Line), NJ Transit bus, and Newark Light Rail. This combination of transit access and a high-barrier Essex County market positions the Portfolio as a compelling value-add opportunity.

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Investment Highlights

Mixed-Use Income Stream — 4 Retail Spaces at 411-417 Broad St, Bloomfield

45 Residential Units + 4 Retail — 49 Units Across 3 Buildings

Diverse Unit Mix — 33 One-Bedroom, 10 Two-Bedroom, 2 Three-Bedroom

High-Barrier Essex County Market — Strong Demand & Limited New Supply

Transit-Connected Location — Route 21, I-280, Garden State Parkway; Bloomfield Station

Compelling Value-Add — $750+ Monthly Rent Growth Potential

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411-417 Broad StBloomfield, NJ 07003

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