NOT LISTED FOR SALE

16 Walnut Terrace Bloomfield, NJ 07003

Bloomfield Area

Estimated Value: $646,000 - $723,000

Studio
-- Baths
2,064 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2022

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

Est. 23% increase in value since last sale

Current estimated payment $4,673 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Joel Núñez
HALO REALTY
List Price
$499,000
Sold Price
$545,000
Premium/Discount to List
$46,000
9.22%
Views
23
Current Estimated Value
$670,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,347
Avg. Annual Appreciation
5.51%
Original Mortgage
$367,800
Outstanding Balance
$349,892
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$320,455

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bloomfield, NJ

  • Rebecca Sokoli Real Estate Agent - REALTY ONE GROUP LIVING

    Rebecca Sokoli

    REALTY ONE GROUP LIVING

    (973) 521-5418

    16 Total Sales

    6 in Bloomfield

    $450K - $750K Price Range

    Rebecca Sokoli
     Section Image
  • Caroline Mescia Real Estate Agent - Compass New Jersey, LLC-Montclair

    Caroline Mescia

    Compass New Jersey, LLC-Montclair

    (908) 808-5268

    46 Total Sales

    4 in Bloomfield

    $431K - $450K Price Range

    Caroline Mescia
     Section Image
  • Karen Sims Real Estate Agent - KELLER WILLIAMS CITY LIFE REALTY

    Karen Sims

    KELLER WILLIAMS CITY LIFE REALTY

    (551) 205-9728

    104 Total Sales

    1 in Bloomfield

    $760,000 Price

    Karen Sims
     Section Image
  • Samson Romano Real Estate Agent - Howard Hanna Rand Realty

    Samson Romano

    Howard Hanna Rand Realty

    (862) 881-4315

    64 Total Sales

    2 in Bloomfield

    $170,000 Price Range

    Samson Romano
     Section Image
  • Vesna Cabana Real Estate Agent - Keller Williams Park Views

    Vesna Cabana

    Keller Williams Park Views

    (551) 345-5344

    29 Total Sales

    1 in Bloomfield

    $650,000 Price

    Vesna Cabana
     Section Image
  • Marvin Williams Real Estate Agent - COLDWELL BANKER REALTY

    Marvin Williams

    COLDWELL BANKER REALTY

    (973) 382-9045

    67 Total Sales

    2 in Bloomfield

    $280K - $475K Price Range

    Marvin Williams
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 Fidelity National Title
Pena Noe $377,000 Misc Company
Borland Prudence B $150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,904 $341,200 $106,500 $234,700
2025 $11,904 $341,200 $106,500 $234,700
2024 $11,150 $341,200 $106,500 $234,700
2022 $10,925 $341,200 $106,500 $234,700
2021 $10,724 $341,200 $106,500 $234,700
2020 $10,560 $341,200 $106,500 $234,700
2019 $10,084 $253,300 $105,000 $148,300
2018 $10,041 $253,300 $105,000 $148,300
2017 $9,889 $253,300 $105,000 $148,300
2016 $9,777 $253,300 $105,000 $148,300
2015 $9,689 $253,300 $105,000 $148,300
2014 $10,450 $278,300 $130,000 $148,300
Source: Public Records

Agents Affiliated with this Home

  • JN

    Seller's Agent in 2022

    Joel Núñez

    HALO REALTY

    (732) 619-6928

    20 Total Sales

    Joel Núñez
    Section Image
  • Julie Kim Real Estate Agent - PROMINENT PROPERTIES SIR

    Seller's Agent in 2019

    Julie Kim

    PROMINENT PROPERTIES SIR

    (973) 868-5699

    36 Total Sales

    Julie Kim
    Section Image

  • JN

    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

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