111 Willow St Bloomfield, NJ 07003
Estimated payment $4,152/month
Highlights
- 3 Car Detached Garage
- Dining Room
- Baseboard Heating
- Living Room
About This Home
Seize this unbeatable investment opportunity in Bloomfield! This 3-family income-producing property offers everything an investor dreams of three units, a 3-car detached garage, and a large backyard for future potential. Each unit is filled with potential: two units offer 2 bedrooms and 1 bath each, plus a charming upstairs unit featuring an eat-in kitchen, living room, and 1 bedroom. With separate utilities and tenants covering their own heat and electricity, your overhead is minimized while returns are maximized making this a high-yield, low-maintenance investment. Located around the block from Watsessing Elementary School and the bustling community features of Watsessing Park, and mere minutes from the Watsessing Avenue Train Station and the Garden State Parkway, this property offers a prime location with high potential to maximize rental income. Act fast to secure a property that promises immediate income, long-term growth, and a bright future!
Last Listed By
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1970070 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,016
Year Built
- 1888
Parking
- 3 Car Detached Garage
Home Design
- Aluminum Siding
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
- Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
- Baseboard Heating
Listing and Financial Details
- Exclusions: Personal belongings
- Legal Lot and Block 21 / 129
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,650 | $295,300 | $58,800 | $236,500 |
| 2022 | $9,456 | $295,300 | $58,800 | $236,500 |
| 2021 | $9,281 | $295,300 | $58,800 | $236,500 |
| 2020 | $9,140 | $295,300 | $58,800 | $236,500 |
| 2019 | $9,698 | $243,600 | $58,000 | $185,600 |
| 2018 | $9,656 | $243,600 | $58,000 | $185,600 |
| 2017 | $9,510 | $243,600 | $58,000 | $185,600 |
| 2016 | $9,403 | $243,600 | $58,000 | $185,600 |
| 2015 | $9,318 | $243,600 | $58,000 | $185,600 |
| 2014 | $9,147 | $243,600 | $58,000 | $185,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $695,000 | +11.2% | -- |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $625,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $179,000 | Chicago Title Insurance Co | |
| Deed | $160,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Closed | $262,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $250,000 | Stand Alone First | |
| Previous Owner | $420,000 | Unknown | |
| Previous Owner | $416,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $322,500 | New Conventional | |
| Previous Owner | $157,000 | No Value Available |
Source: Hudson County MLS
MLS Number: 250007022
APN: 02-00129-0000-00021
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