$520,000

161 Thomas St Bloomfield, NJ 07003

Estimated payment $3,862/month

Total Views 4,410
7 Beds
3 Baths
2,750 Sq Ft
$189 Price per Sq Ft

About This Home

Exceptional Two-Unit Home in Bloomfield. Tucked away on a charming, tree-lined street, just steps from the vibrant heart of Glen Ridge and the NY train line station, along the way is a well-known day-care this spacious two-unit home offers a rare opportunity to own a property in one of Bloomfield's most desirable neighborhoods. With a deep lot and impressive layout, this home is brimming with potential and ready for the right buyer to make it their own. Whether you're an investor, a homeowner looking for additional income, or someone seeking a home with room to grow, this property has it all. Unit 1 features a well-proportioned, traditional floor plan with 5 rooms, including 3 generously sized bedrooms and 1 full bath. The layout provides the perfect space for comfortable living or could easily be updated to reflect modern tastes. Whether used for personal enjoyment or as part of your investment strategy, this unit offers endless possibilities. Unit 2 is equally impressive, spanning two full floors with 8 rooms, 4 bedrooms, and 2 full baths. offering expansive living space, this unit is ideal for many, with finished dormer for those looking for extra room to spread out. The deep lot adds another layer of value to this property, offering plenty of outdoor space for gardening, relaxation, or potential future expansion. Located in the highly sought-after Bloomfield neighborhood, this home is just steps from the center of Glen Ridge. Hot water units 2017 and 2019.

Listing Agent

Steven Caputi

VRI HOMES Brokerage Phone: 800-531-2885 Listed on: 06/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,485

Year Built

  • Built in 1890

Lot Details

  • 50 Sq Ft Lot
  • Open Lot

Parking

  • 4 Parking Spaces

Home Design

  • Wood Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Watsessing Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Multiple Heating Units
  • Radiator
  • Heating System Uses Oil Above Ground
  • Heating System Uses Oil Below Ground
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2,750 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1602-00224-0000-00028-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,485

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1890
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 161
  • Directions: From Washington St take to Thomas St
  • I D: 5362529
  • Modified: 2025-06-16
  • Number Images: 20
  • Attribution Contact: 800-531-2885
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vinyl-Linoleum Floors, Wood Floors
  • Total Number Rooms: 15
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural, Oil Tank Above Ground - Inside, Oil Tank Below Ground
  • Heating: 2 Units, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: WATSESSING
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 50 X 209
  • Assessed Improvement Value: 187800
  • Assessed Land Value: 150800
  • Assessment: 338600
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11485
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00224-0000-00028-0000-
  • Tax Rate Amount: 3.392
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • Grade School: WATSESSING

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $11,065 $338,600 $150,800 $187,800
2022 $10,842 $338,600 $150,800 $187,800
2021 $10,642 $338,600 $150,800 $187,800
2020 $10,480 $338,600 $150,800 $187,800
2019 $10,331 $259,500 $112,500 $147,000
2018 $10,287 $259,500 $112,500 $147,000
2017 $10,131 $259,500 $112,500 $147,000
2016 $10,017 $259,500 $112,500 $147,000
2015 $9,926 $259,500 $112,500 $147,000
2014 $9,744 $259,500 $112,500 $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $520,000 -- $189 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $579,733 None Listed On Document
Deed $189,500 --
Deed $189,500 --
Deed $187,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,000 Stand Alone Second
Previous Owner $346,900 Unknown
Previous Owner $382,500 Adjustable Rate Mortgage/ARM
Previous Owner $328,000 New Conventional
Previous Owner $280,000 New Conventional
Source: Public Records

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Source: Garden State MLS

MLS Number: 3967082

Garden State MLS

APN: 02-00224-0000-00028