NOT LISTED FOR SALE

229 N 16th St Bloomfield, NJ 07003

Estimated Value: $656,000 - $706,000

5 Beds
2 Baths
-- Sq Ft
4,000 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $575,000

Est. 19% increase in value since last sale

Current estimated payment $4,591/month

21 Days on Market

About This Home

As of November 2023

This home is located at 229 N 16th St, Bloomfield, NJ 07003 since 25 August 2023 and is currently estimated at $686,089. 229 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

Nefri Hugo-Espinoza

Real Listed on: 08/25/2023

Real

Last Buyer's Agent

Laura Henriquez

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,333

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00034 / 00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,333

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (201) 753-3000
  • MLS Status: Sold - Sold
  • Directions: 229 N 16th St, Bloomfield, NJ 07003
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Remarks: FULL UNFINISHED

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000.0

Tax Info

  • Tax Annual Amount: 11333.0
  • Tax Block: 00019
  • Tax Lot: 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 16, 2023
Sold by
Pastor Renato G and Correa Oscar D
Bought by
Calle Zaida Noemi Regala and Contreras Segundo Efrain
Seller's Agent
Nefri Hugo-Espinoza
Real
Buyer's Agent
Laura Henriquez
Keller Williams Village Square Realty
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Views
67
Current Estimated Value
$686,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,089
Avg. Annual Appreciation
9.48%
Original Mortgage
$555,809
Outstanding Balance
$549,553
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$136,536
Source: Public Records

Range of Values:

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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
Calle Zaida Noemi Regala $575,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calle Zaida Noemi Regala $555,809
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $575,000 +15.0% --
09/15/2023 09/15/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $500,000 +25.0% --
10/11/2019 10/11/19 Sold $400,000 +5.3% -- View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $379,900 -- --
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 $11,784 $360,600 $100,400 $260,200
2024 $11,784 $360,600 $100,400 $260,200
2022 $11,546 $360,600 $100,400 $260,200
2021 $11,334 $360,600 $100,400 $260,200
2020 $11,161 $360,600 $100,400 $260,200
2019 $10,534 $264,600 $99,000 $165,600
2018 $10,489 $264,600 $99,000 $165,600
2017 $10,330 $264,600 $99,000 $165,600
2016 $10,214 $264,600 $99,000 $165,600
2015 $10,121 $264,600 $99,000 $165,600
2014 $9,936 $264,600 $99,000 $165,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nefri Hugo-Espinoza

    Real

    (201) 838-2575

    1 in this area

    5 Total Sales

    Nefri Hugo-Espinoza
    Section Image
  • Laura Henriquez

    Buyer's Agent in 2023

    Laura Henriquez

    Keller Williams Village Square Realty

    (347) 592-3774

    1 in this area

    10 Total Sales

    Laura Henriquez
    Section Image

  • G

    Seller's Agent in 2019

    GRACE WOHLBOLD

    A & E CURTINEZ REALTY LLC

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23026488

New Jersey MLS

APN: 02-00019-0000-00034

New Jersey Essex County Bloomfield 07003

229 N 16th St, Bloomfield, NJ

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

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