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$849,000 Just Listed
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Property Description
Beautifully maintained 2-family home in the highly sought-after Bloomfield, NJ neighborhood. Renovated in 2024, the property features new flooring, recessed lighting, updated kitchen, fresh interior paint, and renovated bathrooms. New Heating and water Boiler This spacious home offers a total of 8 bedrooms, with 3 & 5 bedrooms in each main unit, making it an excellent opportunity for owner-occupants or investors seeking strong rental income potential. Each main unit includes a full bathroom, while the finished basement and finished attic each have their own full bathroom, providing exceptional flexibility for extended living, recreation, a home office, or additional living space (subject to local regulations). Additional highlights include an oversized garage and a private driveway with rear access from the side street, offering ample off-street parking. Conveniently located near major highways, public transportation, shopping, restaurants, parks, and schools, this property combines space, functionality, and an outstanding location. Don't miss this exceptional opportunity to own a versatile, income-producing property in one of Bloomfield's most desirable neighborhoods. Disclaimer: All photos are virtually staged and are for illustrative purposes only. They are intended to help visualize the property's potential and may not accurately represent the current condition or furnishings
Full Property Details
Full Property Details for 254 Franklin St
General
- Price: $849,000
- Taxes: $13,533 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4041285
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: GS Parkway exit 148
Heating & Cooling
- Cooling Type: Ceiling Fan, Window A/C(s)
- Heating Type: Radiators - Steam
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1922
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms
- Square Feet: 600
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 31 x 131
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $281,400
- Land Assmt: $106,500
- Tax Amount: $13,533
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 331
- Lot Number: 21
Listed by Gild Realty
Get Pre-Approved Today
Schools
Schools serving 254 Franklin St
School District:Bloomfield Township School District
| Name | Grades | Distance |
|---|---|---|
Berkeley Elementary School 351 Bloomfield Avenue, Bloomfield, NJ 07003 | PK-6 | 0.1 mi |
Bloomfield Middle School, Bloomfield, NJ 60 Huck Road, Bloomfield, NJ 07003 | 7-8 | 2.6 mi |
Bloomfield High School, Bloomfield, NJ 160 Broad Street, Bloomfield, NJ 07003 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 254 Franklin St
Date
Details
Price
Change
Source
7/16/2026
Listed
$849,000
23.04%
MLS
4/04/2024
Sold
$690,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 254 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,534
9%
$387,900
—
2022
$12,421
2%
$387,900
—
2021
$12,192
-1%
$387,900
25%
2018
$12,336
2%
$311,200
—
2017
$12,149
1%
$311,200
—
2016
$12,012
1%
$311,200
—
2015
$11,903
-4%
$311,200
—
2019
$12,389
12%
$311,200
—
2013
$11,104
—
$311,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 254 Franklin St
254 Franklin St, Bloomfield, NJ 07003 (MLS# 4041285) is a Multi-Family property with 3 units containing 8 bedrooms and 4 full bathrooms. 254 Franklin St is currently listed for $849,000 and was received on July 16, 2026. Want to learn more about 254 Franklin St? Do you have questions about finding other Multi-Family real estate for sale in Bloomfield? You can browse all Bloomfield real estate or contact a Coldwell Banker agent to request more information.

