Listed By:
S.T. ALLEN REALTY CO.
Address
17 Carteret St, Bloomfield Twp., NJ
Price
$ 279,140
Property Attributes
  • MLS#4015266
  • TypeSingle Family
  • Listing Status Active
  • CountyESSEX
  • CityBloomfield Twp.
  • AreaBloomfield Twp.
  • Zip07003
  • StyleRanch
  • Year Built1941
  • Taxes$ 6356
  • Price$ 279,140
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage810
  • Lot Size0.08 Acres
Data Source:
Garden State MLS (GSMLS)
Property Description

This is a wealth building opportunity to own a home through the Essex community Land Trust (ECLT) that may seem to good to be true, but is actually for real. This is more than a home, it's a pathway to stability and homeOwnership. What allows this home to be as affordable as it is, is a 99-year ground lease with an affordability clause that is applied to the land itself to ensure long-term affordability and stability of the property. This charming home is nestled into the quiet corner of Bloomfield, just steps away from Watsessing Park offering the best of both worlds - convenience and an escape from the hustle and bustle. Located on a tree-lined street with nearby cafes, green space, walking paths, and recreational space in a highly walkable neighborhood. You're just a short distance to downtown Bloomfield, with easy access to NJ Transit and a commute to NYC of 30-40 minutes.Low-to-moderate income individuals eligible to purchase earns a total household income of $72,950-$109,942 annually with a 640+ credit score. To further qualify, prospective buyers must attend/register for an 8-hour hud certified class taking place on Saturday April 18, 2026, STARTING at 9 am at the Timberlake Charles Community Empowerment Center, 520 Main St. Suite 1B, East Orange, NJ 07018 (entrance on Prospect St.), go through the ECLT intake process, and be able to qualify for a community land trust mortgage to purchase the home itself.

Price History
3/18/2026 Listed $279,140

General Features

Sewer Public Sewer
Heating 1 Unit
Cooling Ceiling Fan,Window A/C(s)
Utilities Gas-Natural
Possession At closing
Roof Asphalt Shingle
Appliances Carbon Monoxide Detector,Dryer,Microwave Oven,Range/Oven-Gas,Refrigerator,Washer
Water Heater Gas
Zoning R-1B
Garage Spaces 3
Architectural Style Ranch
Year Built 1941
Garage None
Township Bloomfield Twp.
Easement No
Tax Year 2025
Ownership Ground Lease
County Essex
Association Amenities Storage
Total Rooms 5
Full Baths 1
Status Active
Directions At the corner of Carteret St. and Morse Ave.
Tax Annual Amount 6356
Drive 2 Car Width,Crushed Stone
Standard Status Active
Tax Assessed Value 182200
Town # 1602
Tax Lot 6
Primary Style Ranch
Sub Property Type Single Family
Community Living No

Interior Features

Interior Amenities Carbon Monoxide Detector,Fire Extinguisher,Smoke Detector
Basement Finished,Full,Walkout
Flooring Tile,Wood
Master Bath Features Tub Shower
Other Room 1 Level First
Kitchen Level First
Living Room Level First
Den Level Basement
In-Law Suite No
Fuel Type Gas-Natural
Total Bedrooms 2
RoomOther1Description MudRoom
Kitchen Features Breakfast Bar
RoomBed2Level First
RoomBed1Level First
RoomBed1Features 1st Floor
Level 1 Rooms 2Bedroom,BathMain,Kitchen,LivingRm,MudRoom,Porch,Screened

Exterior Features

Exterior Amenities Enclosed Porch(es),Patio,Storage Shed,Thermal Windows/Doors
Pool No
Lot Features Corner
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 66 X 54 AVG
Lot Size Acres 0.08

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 07003

Price
AVG $630K
$280K
Taxes
AVG $19,067
$6,356
Year Built
AVG 1939
1941
Visits
AVG 56
452
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover