by RHP Realty

See Home Value
Essex 07003
124 North 16th Street
$299,900
House - Off Market

124 North 16th Street

Bloomfield, NJ 07003
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,032
Estimated Monthly
$0
HOA / Fees
5.77%
Cap Rate

About This Property

Welcome to this charming 3 bedroom, 1 bath fixer upper colonial, located in the heart of Bloomfield, New Jersey! This property presents an incredible opportunity for those seeking to restore a classic colonial-style home to its former glory. As you enter the home, you will immediately notice the potential that it holds. The spacious living room boasts large windows that allow for plenty of natural light. The adjacent dining room is perfect for hosting dinner parties and gatherings. The kitchen is waiting for your personal touch, offering ample space to create your dream culinary space. This home is in need of some TLC and is priced accordingly, presenting a fantastic opportunity for those who are willing to put in the work.  With some elbow grease and a vision, this home could be transformed into a stunning colonial-style oasis. Don't miss out on this incredible opportunity to own a piece of Bloomfield history!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1920
Last updated: 28 days ago (NJMLS #23012976)

Price History

Date / Event Date Event Price
Apr 16, 2024 No longer available -
No longer available
May 16, 2023 Listed by Coldwell Banker, Clifton $299,900
Listed by Coldwell Banker, Clifton
May 3, 2023 Listed by COLDWELL BANKER REALTY $299,900
Listed by COLDWELL BANKER REALTY
Welcome to this charming 3 bedroom, 1 bath fixer upper colonial, located in the heart of Bloomfield, New Jersey! This property presents an incredible opportunity for those seeking to restore a classic colonial-style home to its former glory. As you enter the home, you will immediately notice the potential that it holds. The spacious living room boasts large windows that allow for plenty of natural light. The adjacent dining room is perfect for hosting dinner parties and gatherings. The…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,297
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomfield Township School District
  • Census Tract: 015900

Zoning

  • Zoning: R-2B

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 02
  • Parcel: 02 00006-0000-00004
  • Block: 6
  • Lot: 4
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.7707
  • Longitude: -74.19

    Address

  • Full Address: 124 N 16th St
  • Address - House Number: 124
  • Street Direction: N
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 5828
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,833

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: May 03, 2023
  • Confidence Score: 70
  • Final Value: 335,853
  • High Value: 407,776
  • Low Value: 263,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: THE PROVIDENT BANK
  • First Open Lien Mortgage Recording Date: May 10, 2007
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $213,400
  • Market Land Value: $99,200
  • Market Improvement Value: $114,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,400
  • Assessed Land Value: $99,200
  • Assessed Improvements Value: $114,200



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$289,000 Nov 30, -0001
$317,000 Feb 17, 2023
-
House
3 Beds
1.1 Baths
-
$325,000 Nov 30, -0001
$317,000 Mar 3, 2023
-
House
3 Beds
2 Baths
-
$279,999 Nov 30, -0001
$280,000 Mar 17, 2023
-
House
3 Beds
3 Baths
-
$352,000 Nov 8, 2021
$352,000 Jan 4, 2022
$956/mo
House
2 Beds
2 Baths
-
$315,000 Nov 30, -0001
$334,000 Apr 14, 2023
-
House
2 Beds
1 Bath
-
$264,999 Nov 30, -0001
$255,000 Jan 9, 2023
-
House
3 Beds
1 Bath
-
$339,900 Jan 16, 2023
-
$333/mo
House
3 Beds
2 Baths
-
$329,900 Apr 14, 2023
-
-
House
3 Beds
2 Baths
-
$349,900 Dec 8, 2022
-
-
House
4 Beds
3 Baths
-
$320,000 Feb 20, 2023
-
-
Townhouse
3 Beds
1 Bath
-
$289,000 Oct 17, 2022
-
$812/mo
In Contract
House
5 Beds
3 Baths
-
$300,000 Jan 30, 2023
-
-

About Essex


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Frequently Asked Questions

When was property at 124 North 16th Street built and last sold?
The property at 124 North 16th Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 124 North 16th Street is $302,899.
What are some comparable homes to 124 North 16th Street?
Homes that are comparable to 124 North 16th Street include a house property at 454 North 11th Street, 602 3rd Street, 528 North Grove Street.

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