new - 7 days on rocket

198 N 16th St, Bloomfield Twp, NJ, 07003

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
4 Full Baths
Multi

Location

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198 N 16th St, Bloomfield Township$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Car Width, Detached Garage
Garage2 spaces
Year Built1925
HeatingMulti Unit(s), Forced Air, Natural Gas
CoolingMulti Unit(s)
BasementYes
MLS #3937489
Lot Size0.08 Acres
StatusActive

About 198 N 16th St

Discover the perfect investment opportunity or multi-generational living in this two-unit property, ideally situated just two blocks away from Bloomfield Ave and conveniently close to both the Garden State Parkway and I-280. The first unit features a one-bedroom layout with an additional room with potential for office space. The second unit is composed of two levels and features three-bedrooms and two-baths. This inviting area is designed for comfort and functionality, providing plenty of room. The expansive finished basement is a standout feature, encompassing two versatile den rooms and a full bathroom, with an open sitting area offering additional living space, storage, or recreational areas to suit your needs.Parking and Outdoor Convenience: With a driveway that accommodates two cars and a generous two-car garage, parking is never an issue. This property is not just a home; it's a lifestyle, offering proximity to key local amenities, parks, and easy

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1925

Listing Office:

  • Office Name: FLOROSTONE REALTY INC.
  • Office Phone: (908) 445-5339

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Forced Air, Natural Gas
  • Cooling: Multi Unit(s)

Other

Directions Information:

  • Directions: GSP exit 145 onto S Grove St. to N 16th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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Housing Market Comparison

See how this home compares to others in Bloomfield Township, NJ.

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Bloomfield Township, NJ

City

Med. Sold Price

$588.9K

Med. Price/SqFt

$364

# of Sold Homes

7

198 N 16th St vs Bloomfield Township

7 DAYS ON ROCKET

$650,000

+$61K More

KEY TAKEAWAY

This property is $61K more than the Median Sold Price in Bloomfield Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3937489

Listing Office:

  • Office Name: FLOROSTONE REALTY INC.
  • Office Phone: (908) 445-5339

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4296425
3
/10

  • Salome Urea Elementary School

  • 284 1st Ave W

  • 0.30 miles

  • Public District Grades PK-6

school-card-donut-4296426
5
/10

  • Carteret Elementary School

  • 158 Grove St

  • 0.37 miles

  • Public District Grades PK-6

school-card-donut-4296427
3
/10

  • Shelia Y. Oliver Academy

  • 135 Glenwood Ave

  • 0.64 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,488. Residents of Bloomfield Township, NJ typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Bloomfield Township›07003›198 N 16th St

This home is located at 198 N 16th St in Bloomfield Twp, NJ and zip code 07003. This home, which was built in 1925, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $650,000.

Over 5 listings were sold over their listed price in November 2024 in Bloomfield Township, NJ. In the same period over 0 listings were sold below the listed price and 2 listings were sold for the listed price. Between October 2024 and November 2024, Bloomfield Township, NJ real estate market has seen increase in the number of listings by 16.7%.

From Rocket Homes Real Estate and based on county public records data.

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