NOT LISTED FOR SALE

205 N 16th St Bloomfield, NJ 07003

Estimated Value: $709,786 - $864,000

7 Beds
3 Baths
-- Sq Ft
3,297 Sq Ft Lot

Last Sold December 06, 2024

Last sale price $690,000

Est. 11% increase in value since last sale

Current estimated payment $5,062/month

34 Days on Market

About This Home

As of December 2024

This home is located at 205 N 16th St, Bloomfield, NJ 07003 since 09 April 2024 and is currently estimated at $764,697. 205 N 16th St is a home located in Essex County with nearby schools including Carteret School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Lim Bances

Lim Bances Realty Listed on: 04/09/2024

Last Buyer's Agent

Lim Bances

Lim Bances Realty Listed on: 04/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,611

Lot Details

  • 3,297 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00022 / 00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,611

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 232-5187
  • MLS Status: Sold - Sold
  • Directions: Ampere Pkwy to N 16th St.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3297.0

Tax Info

  • Tax Annual Amount: 12611.0
  • Tax Block: 00018
  • Tax Lot: 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Sep 10, 2024
Sold by
Rivera Oscar and Rivera Maria
Bought by
Acheampong Derrick
Seller's Agent
SARA POLO
LIM BANCES REALTY
Buyer's Agent
Vincencia Ansong
VRI HOMES
List Price
$625,000
Sold Price
$690,000
Premium/Discount to List
$65,000
10.4%
Views
156
Current Estimated Value
$764,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,697
Avg. Annual Appreciation
9.61%
Original Mortgage
$517,500
Outstanding Balance
$511,549
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$253,148

Purchase Details

Closed on
Jun 10, 2003
Sold by
Jimenez Jose
Bought by
Rivera Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,052
Interest Rate
5.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1999
Sold by
Valente Fernando
Bought by
Jimenez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,405
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1991
Sold by
Weisman Linda
Bought by
Valente Fernando and Manuel Et Als
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Acheampong Derrick $690,000 Foundation Title
Rivera Oscar $319,000 --
Jimenez Jose $170,000 --
Valente Fernando $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acheampong Derrick $517,500
Previous Owner Rivera Oscar $308,052
Previous Owner Jimenez Jose $1,168,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $690,000 +10.4% --
05/13/2024 05/13/24 Pending -- -- --
04/09/2024 04/09/24 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 $12,611 $385,900 $99,200 $286,700
2024 $12,611 $385,900 $99,200 $286,700
2022 $12,357 $385,900 $99,200 $286,700
2021 $12,129 $385,900 $99,200 $286,700
2020 $11,944 $385,900 $99,200 $286,700
2019 $11,943 $300,000 $98,000 $202,000
2018 $11,892 $300,000 $98,000 $202,000
2017 $11,712 $300,000 $98,000 $202,000
2016 $11,580 $300,000 $98,000 $202,000
2015 $11,475 $300,000 $98,000 $202,000
2014 $11,265 $300,000 $98,000 $202,000
Source: Public Records

Agents Affiliated with this Home

  • Lim Bances

    Seller's Agent in 2024

    Lim Bances

    Lim Bances Realty

    (908) 242-2892

    3 in this area

    83 Total Sales

    Lim Bances
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Map

Source: New Jersey MLS

MLS Number: 24010390

New Jersey MLS

APN: 02-00018-0000-00022

New Jersey Essex County Bloomfield 07003

205 N 16th St, Bloomfield, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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