NOT LISTED FOR SALE

16 Walnut Terrace Bloomfield, NJ 07003

Estimated Value: $572,843 - $691,000

Studio
-- Bath
2,064 Sq Ft
$310/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $545,000 $264 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,216/month

33 Days on Market

Highlights

  • Property is near shops
  • Baseboard Heating
  • Utility Room
  • Forced Air Heating System

About This Home

As of October 2022

Great Multi-Family!! A Must See!!!! This One Won't Last!!! Priced To Sell!! Make Your Appointment Fast!!

Last Agent to Sell the Property

Joel Núñez

HALO REALTY Listed on: 09/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,724

Year Built

  • Built in 1895

Lot Details

  • 4,896 Sq Ft Lot
  • Lot Dimensions are 98.00 x 50.00

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,724

Year Built

Built in 1895

Lot Details

4,896 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1124
  • Lot Size: 98.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1895
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2064
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4896
  • Zoning: R-1B

Tax Info

  • Tax Annual Amount: 10724
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 24, 2022
Sold by
Pena Noe and Pena Rossi A
Bought by
Liu Matt Yu and Jiang Sarah Yunhong
Seller's Agent
Joel Núñez
HALO REALTY
List Price
$499,000
Sold Price
$545,000
Premium/Discount to List
$46,000
9.22%
Views
28
Current Estimated Value
$639,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,961
Avg. Annual Appreciation
4.96%
Original Mortgage
$367,800
Outstanding Balance
$352,572
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$287,389

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 25, 2019
Sold by
Borland Prudence B
Bought by
Pena Noe and Pena Lorenzo
Seller's Agent
Julie Kim
PROMINENT PROPERTIES SIR
Buyer's Agent
JOEL NUNEZ
HALO REALTY PROPERTIES LLC
List Price
$359,000
Sold Price
$377,000
Premium/Discount to List
$18,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$370,171
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1986
Bought by
Borland Prudence B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Liu Matt Yu $545,000 Fidelity National Title
Pena Noe $377,000 Misc Company
Borland Prudence B $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Matt Yu $367,800
Previous Owner Pena Noe $370,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $545,000 +9.2% $264 / Sq Ft
09/21/2022 09/21/22 For Sale $499,000 +32.4% $242 / Sq Ft
11/25/2019 11/25/19 Sold $377,000 +5.0% -- View Prior Sale
10/23/2019 10/23/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $359,000 -- --
Source: All Jersey MLS

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 $11,150 $341,200 $106,500 $234,700
2024 $11,150 $341,200 $106,500 $234,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joel Núñez

    HALO REALTY

    (732) 619-6928

    1 in this area

    25 Total Sales

    Joel Núñez
    Section Image
  • Julie Kim

    Seller's Agent in 2019

    Julie Kim

    PROMINENT PROPERTIES SIR

    (973) 868-5699

    5 in this area

    35 Total Sales

    Julie Kim
    Section Image

  • J

    Buyer's Agent in 2019

    JOEL NUNEZ

    HALO REALTY PROPERTIES LLC

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2303631R

All Jersey MLS

APN: 02-00452-0000-00025

New Jersey Essex County Bloomfield 07003

16 Walnut Terrace, Bloomfield, NJ

Not Listed for Sale

MultiFamily

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