Seller's Agent in 2024
Lim Bances
Lim Bances Realty
(908) 242-2892
3 in this area
83 Total Sales
205 N 16th St Bloomfield, NJ 07003
Estimated Value: $764,697
7
Beds
3
Baths
--
Sq Ft
3,297
Sq Ft Lot
About This Home
As of December 2024This home is located at 205 N 16th St, Bloomfield, NJ 07003 since 09 April 2024 and is currently priced 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.
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
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
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
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 | 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
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
Map
Source: New Jersey MLS
MLS Number: 24010390
APN: 02-00018-0000-00022
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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