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A turn-key property with limitless opportunities is hard to come by, but 505 Bloomfield Street brings just that to the Midtown Hoboken market. The four-story brick townhouse is an impeccably maintained three-family, offering one duplex unit and two one-bedroom apartments. Located just one block from Church Square Park, 505 Bloomfield Street is 21 feet wide and totals 2,688 square feet.
Beyond a brand new roof, as well as updated stainless steel appliances and granite countertops in all three units, the property boasts plenty of character with charming details like custom built-ins and exposed brick throughout. New insulation, a cork-underlayment, and soundproofing were added between each unit and a new copper main water line was installed in 2020.
Unit 1 is a duplex spanning the garden level and first floor — a perfect owner’s apartment. Two bedrooms and one full bath, endearingly clad in mid-last-century pink tile, are on the first floor, leaving the garden level for the rustic living area and tin-ceilinged kitchen with an eye-catching turquoise tile backsplash. Slide right out of the kitchen and directly onto the lovely patio complete with a wall fountain and wooden pergola — it’s an intimate European-style retreat. A half bath is also conveniently located on the garden level. And storage is not an issue with a large walk-in closet, custom built-ins, and organizers on the first floor and an attached storage room on the garden level.
Unit 2 is a one-bedroom, one-bath apartment on the second floor with delightful architectural details, including crown molding, arched doorways, and a white beadboard wainscot. Rich hardwood floors and exposed red brick in the living room and kitchen create a warm and cheerful look and feel.
Unit 3 is a one-bedroom, one-bath apartment on the third floor, completely renovated in 2020. The light bright space includes a gleaming new kitchen and bath, ashy wide-plank hardwood floors, recessed lighting, and top-of-the-line Andersen windows, alongside original details like crown molding, exposed brick, and French doors.
Units 2 and 3 could generate more than $50K of annual income for the owner who occupies the garden-level duplex. 505 Bloomfield Street is also an ideal investment property, generating even more income with three rentable units. The three-family could also be converted into a grand single-family home — the possibilities are endless.
The location of the property is equally compelling with the best of Midtown Hoboken at its doorstep. Bars, restaurants, shops, parks, and the Hoboken waterfront are minutes away, while the nearby PATH train, New York Waterway ferry, and bus to NYC make commuting a breeze.
Truly unique and the ideal blend of historic and modern, old and new, 505 Bloomfield Street is a must-see for the most discerning buyers.
505 Bloomfield Street is listed at $1,775,000.
For more information and to schedule a showing, please contact Josh Royko at 915-313-2720 or [email protected].
Listing: 505 Bloomfield Street, Hoboken
Asking: $1,775,000
Agent/Brokerage: Josh Royko/Elite Realtors of New Jersey
