NOT LISTED FOR SALE

243 N 17th St Bloomfield, NJ 07003

Estimated Value: $661,768 - $669,000

7 Beds
4 Baths
2,530 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $640,000 $253 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,646/month

17 Days on Market

About This Home

As of June 2024

Don't let this opportunity slip away! This income-generating 2-family home in Bloomfield is a dream investment waiting for you. With Unit 1 boasting 3 bedrooms and 1 full bath, and Unit 2 offering 4 bedrooms and 2 full baths, you'll maximize your rental income potential effortlessly. Parking for up to 2 cars, a convenient basement with coin-operated laundry and 1 full bath, and a prime location make this property a standout. Nestled just a block away from Milbank Park and Bloomfield Ave, you'll experience the perfect balance of serenity and accessibility. Everything you need is within reach " from bus stops and eateries to cafes, gas stations, and supermarkets. Plus, with Newark International Airport just a short 20-minute drive away, traveling is a breeze. Whether you're a first-time homebuyer eager to offset costs with rental income or a seasoned investor aiming to grow your portfolio, this opportunity is too good to pass up. Seize this extraordinary chance to own in Bloomfield.

Last Agent to Sell the Property

Justin Torres

Prominent Properties Sotheby's International Realty-Weehawken Listed on: 02/20/2024

Prominent Properties Sotheby's International Realty-Weehawken

Last Buyer's Agent

Mariangela Rodriguez Quintero

RE/MAX SELECT - Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,392

Lot Details

  • 3,297

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,297 Sq Ft Lot

Community Details

  • Coin Laundry

Listing and Financial Details

  • Legal Lot and Block 00021 / 00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,392

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Coin/Card
  • Co List Office Phone: (201) 223-4207
  • MLS Status: Sold - Sold
  • Directions: Beardsley Avenue and Chester Avenue
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Remarks: Finished, Laundry Room, 1 Full Bath

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3297.0

Tax Info

  • Tax Annual Amount: 11392.0
  • Tax Block: 00016
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 28, 2024
Sold by
Cheresnick Michael L and Cheresnick Janine M
Bought by
Arce Diego Medina and Materano Rogelys Nayreth
Seller's Agent
Justin Torres
Prominent Properties Sotheby's International Realty-Weehawken
Buyer's Agent
Mariangela Rodriguez Quintero
RE/MAX SELECT - Montclair
List Price
$599,999
Sold Price
$640,000
Premium/Discount to List
$40,001
6.67%
Views
142
Current Estimated Value
$666,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,192
Avg. Annual Appreciation
3.89%
Original Mortgage
$628,408
Outstanding Balance
$623,341
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$42,851

Purchase Details

Closed on
Mar 11, 2011
Sold by
Fannie Mae
Bought by
Cheresnick Michael L and Cheresnick Janine M

Purchase Details

Closed on
May 27, 2010
Sold by
Mctighe Deborah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2006
Sold by
Rosado Ramon
Bought by
Mctighe Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.24%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Budhu Mekhram
Bought by
Rosado Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
5.84%

Purchase Details

Closed on
Aug 28, 2003
Sold by
Vidreiro Zacaria
Bought by
Budhu Mekhram and Budhu Ram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,022
Interest Rate
6.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arce Diego Medina $640,000 Old Republic National Title
Cheresnick Michael L $179,000 Chicago Title Insurance Co
Federal National Mortgage Association -- --
Mctighe Deborah $480,000 --
Rosado Ramon $454,000 --
Budhu Mekhram $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Diego Medina $628,408
Previous Owner Cheresnick Michael L $231,750
Previous Owner Mctighe Deborah $355,000
Previous Owner Rosado Ramon $363,200
Previous Owner Budhu Mekhram $25,000
Previous Owner Budhu Mekhram $306,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $640,000 +6.7% $253 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $599,999 -- $237 / Sq Ft
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
2024 $11,392 $348,600 $99,200 $249,400
2023 $11,162 $348,600 $99,200 $249,400
2022 $11,162 $348,600 $99,200 $249,400
2021 $10,957 $348,600 $99,200 $249,400
2020 $10,789 $348,600 $99,200 $249,400
2019 $11,764 $295,500 $98,000 $197,500
2018 $11,714 $295,500 $98,000 $197,500
2017 $11,536 $295,500 $98,000 $197,500
2016 $11,406 $295,500 $98,000 $197,500
2015 $11,303 $295,500 $98,000 $197,500
2014 $11,096 $295,500 $98,000 $197,500
Source: Public Records

Agents Affiliated with this Home

  • Justin Torres

    Seller's Agent in 2024

    Justin Torres

    Prominent Properties Sotheby's International Realty-Weehawken

    (646) 319-1899

    6 in this area

    119 Total Sales

    Justin Torres
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24005025

New Jersey MLS

APN: 02-00016-0000-00021

New Jersey Essex County Bloomfield 07003

243 N 17th St, Bloomfield, NJ

This home is located at 243 N 17th St, Bloomfield, NJ 07003 since 20 February 2024 and is currently estimated at $666,192, approximately $263 per square foot. 243 N 17th St is a home located in Essex County with nearby schools including Carteret School, Bloomfield Middle School, and Bloomfield High School.

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.

New Jersey MLS 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.

Nearby Homes