Property Attributes
- ID#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
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. and Berkshire Hathaway HomeServices Jordan Baris Realty - South Orange. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the ALL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The ALL JERSEY MULTIPLE LISTING SYSTEM, INC. does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
The information being provided is for consumers' personal,
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Jordan Baris Realty - South Orange are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed.
Last date updated: September 15, 2026 11:01 PM UTC Source: New Jersey Multiple Listing Service, Inc. "© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved."