NOT LISTED FOR SALE

277 N 17th St Bloomfield, NJ 07003

Estimated Value: $478,000 - $647,000

6 Beds
3 Baths
1,760 Sq Ft
$338/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $620,000 $352 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,907/month

13 Days on Market

About This Home

As of June 2024

Welcome to an investor's dream in the heart of Bloomfield! This exceptional 2-family home presents an unparalleled income-producing opportunity in a coveted location. Unit 1 boasts 2 bedrooms and 1 full bath, while Unit 2 offers a generous 4 bedrooms and 1 full bath, ensuring versatile living arrangements and maximum rental potential. The property features a fully finished walk-out basement with laundry, providing additional space and functionality. With a shared driveway and parking for up to 2 cars, convenience is at the forefront. Situated directly across from Milbank Park and just off Bloomfield Ave, this home offers a unique blend of tranquility and accessibility. Enjoy the convenience of being mere blocks away from bus stops, eateries, cafes, gas stations, and supermarkets, ensuring all your daily needs are met with ease. Plus, with Newark International Airport just a 20-minute drive away, travel is a breeze. Seize the chance to secure this opportunity 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

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,166

Lot Details

  • 2,696

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 2,696 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00025 / 00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,166

Lot Details

0

Listing Details

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

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Remarks: Full Finished, Walkout, 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: 2696.0

Tax Info

  • Tax Annual Amount: 9166.0
  • Tax Block: 00042
  • Tax Lot: 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 28, 2024
Sold by
Cheresnick Michael
Bought by
Pesantez-Guallpa Joege Enrique and Robayo Audrey Ines
Seller's Agent
Justin Torres
Prominent Properties Sotheby's International Realty-Weehawken
Buyer's Agent
Outside Agent
Outside Office
List Price
$549,999
Sold Price
$620,000
Premium/Discount to List
$70,001
12.73%
Views
147
Current Estimated Value
$595,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,703
Avg. Annual Appreciation
-3.97%
Original Mortgage
$599,307
Outstanding Balance
$592,204
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
-$3,989

Purchase Details

Closed on
Apr 21, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Cheresnick Michael

Purchase Details

Closed on
Jul 22, 2009
Sold by
Zhagnay Palaguachi Carlos A and Palaguachi Maria C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 28, 2006
Sold by
Fakeh Latif
Bought by
Zhagnay Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 30, 1993
Sold by
Fakeh Samuel
Bought by
Fakeh Latif and Fakeh Febe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
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
Pesantez-Guallpa Joege Enrique $620,000 First American Title
Cheresnick Michael $179,000 None Available
Deutsche Bank National Trust Company -- None Available
Zhagnay Carlos $435,000 --
Fakeh Latif $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesantez-Guallpa Joege Enrique $599,307
Previous Owner Cheresnick Michael $255,000
Previous Owner Zhagnay Carlos $348,000
Previous Owner Fakeh Latif $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $620,000 +12.7% $352 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $549,999 -- $312 / 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
2025 $9,167 $280,500 $87,900 $192,600
2024 $9,167 $280,500 $87,900 $192,600
2023 $8,982 $280,500 $87,900 $192,600
2022 $8,982 $280,500 $87,900 $192,600
2021 $8,816 $280,500 $87,900 $192,600
2020 $8,681 $280,500 $87,900 $192,600
2019 $9,813 $246,500 $96,000 $150,500
2018 $9,771 $246,500 $96,000 $150,500
2017 $9,623 $246,500 $96,000 $150,500
2016 $9,515 $246,500 $96,000 $150,500
2015 $9,429 $246,500 $96,000 $150,500
2014 $9,256 $246,500 $96,000 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24005013

New Jersey MLS

APN: 02-00042-0000-00025