Seller's Agent in 2025
Justin Torres
Prominent Properties Sotheby's International Realty-Weehawken
(646) 319-1899
7 in this area
120 Total Sales
111 Willow St Bloomfield, NJ 07003
5
Beds
3
Baths
--
Sq Ft
4,857
Sq Ft Lot
About This Home
As of June 2025Seize 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
Prominent Properties Sotheby's International Realty-Weehawken Listed on: 04/10/2025
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
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
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
-37.91%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $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
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
-
Justin Torres
-
Matthew Pinnock
M
Buyer's Agent in 2025
Matthew Pinnock
Nest Seekers New Jersey - Summit
(845) 461-5650
1 in this area
3 Total Sales
Map
Source: New Jersey MLS
MLS Number: 25011693
APN: 02-00129-0000-00021
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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