$695,000
SOLD JUN 12, 2025

111 Willow St Bloomfield, NJ 07003

5 Beds
3 Baths
-- Sq Ft
4,857 Sq Ft Lot

Recently Sold

11% Above List Price

12 Days on Market

About This Home

As of June 2025

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 Agent to Sell the Property

Justin Torres

Prominent Properties Sotheby's International Realty-Weehawken Listed on: 04/10/2025

Prominent Properties Sotheby's International Realty-Weehawken

Last Buyer's Agent

Matthew Pinnock

Nest Seekers New Jersey - Summit

Nest Seekers New Jersey - Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,016

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 4,857 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00021 / 00129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,016

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-223-4207
  • MLS Status: Sold - Sold
  • Directions: Prospect Street and John F. Kennedy Dr S
  • Architectural Style: 3 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: Laundry and Mechanicals

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 4857.0

Tax Info

  • Tax Annual Amount: 10016.0
  • Tax Block: 00129
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jun 6, 2025
Sold by
Cheresnick Michael and Cheresnick Janine
Bought by
Perez Aldo Gonzalez and Palma Kahory Dennise
Seller's Agent
Justin Torres
Prominent Properties Sotheby's International Realty-Weehawken
Buyer's Agent
Matthew Pinnock
Nest Seekers New Jersey - Summit
List Price
$625,000
Sold Price
$695,000
Premium/Discount to List
$70,000
11.2%
Views
60
Current Estimated Value
$625,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,186
Avg. Annual Appreciation
-39.31%
Original Mortgage
$646,350
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Mcdonald Thomas M and Mcdonald Paula
Bought by
Cheresnick Michael and Cheresnick Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.63%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 30, 1996
Sold by
Cammarato Samuel J
Bought by
Mcdonald Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.9%
Source: Public Records

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    Exceptionally well-maintained two-family home offering spacious, light-filled living in a desirable layout. Each unit features a full living room & dining room, one bedroom and a four season den with abundant natural light flowing throughout the entire building. The second-floor unit includes a finished walk-up attic perfect for additional living space or guest area as well as a separate office

    MORGAN COUTO NENO-ROSA AGENCY

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Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $695,000 Title Guarantee
Deed $179,000 Chicago Title Insurance Co
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $646,350 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $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: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $695,000 +11.2% --
04/22/2025 04/22/25 Pending -- -- --
04/20/2025 04/20/25 For Sale $625,000 0.0% --
04/16/2025 04/16/25 Off Market $625,000 -- --
04/10/2025 04/10/25 For Sale $625,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $9,650 $295,300 $58,800 $236,500
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25011693

New Jersey MLS

APN: 02-00129-0000-00021