247 N 16th St, Bloomfield, NJ 07003

2 bd · 1 ba · built 1942 · Bloomfield · SINGLE_FAMILY·source listing ↗

$355,000

rent, three ways

OnePercent model (vv1)$2,610/mo

p10–p90 confidence band

HUD Fair Market Rent · 07003 · 2BR$2,490/mo

Area comps median (last 90d)—

Area comps median (last 90d)

\u2014

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Essex

Flood risk indexRelatively Moderate FEMA NRI

Median household income$103,663

Median area rent$1,824/mo

Median home value$470,600

the verdict

0.74%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$355,000

0.74% · rent $2,610

Intrinsic value · income approach

$430,714

18% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.