17 Carteret St, Bloomfield Twp., NJ 07003
17 Carteret St, Bloomfield Twp., NJ 07003
17 Carteret St, Bloomfield Twp., NJ 07003
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$279,140
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2 Beds
1 Bath
810 SqFt
Active

17 Carteret St Bloomfield Twp., NJ 07003

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 810 sqft

Price per Sqft $344

MLS Listing ID 4015266

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1941

Annual Tax Amount $6,356

Tax Year 2025

Lot Size 3,484 Sqft

Property Sub-Type Single Family

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.

Location

State NJ

County Essex

Zoning R-1B

Rooms

Basement Finished, Full, Walkout

Master Bathroom Tub Shower

Master Bedroom 1st Floor

Kitchen Breakfast Bar

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Gas-Natural

Cooling Ceiling Fan, Window A/C(s)

Flooring Tile, Wood

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features None

Garage Spaces 3.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Private Pool No

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style Ranch

Others

Senior Community No

Ownership Ground Lease


Garden State MLS(GSMLS)
Listed by S.T. ALLEN REALTY CO.

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Christopher Burns

Christopher Burns

Agent | License ID: 1863802

+1(973) 534-4734

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17 Carteret St