17 Carteret St

Bloomfield Twp, NJ 07003


 

Price: $279,140

GSMLS:  4015266
Type: Single Family
Style: Ranch
Beds: 2
Baths: 1 Full
Garage: 3-Car
Year Built: 1941
Acres: 0.08
Property Tax: $6,356
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. Those that are eligible to purchase earn $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 mortgage to purchase the home itself.
Rooms Sizes
Kitchen:
First
Dining Room:
n/a
Living Room:
First
Family Room:
n/a
Den:
Basement
Bedroom 1:
First
Bedroom 2:
First
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
Den, Laundry Room, Walkout
Ground:
n/a
Level 1:
2Bedroom,BathMain,Kitchen,LivingRm,MudRoom,Porch,Screened
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Breakfast Bar
Dining Room:
n/a
Master Bedroom:
1st Floor
Bath:
Tub Shower
Interior Features
Square Foot:
810
Year Renovated:
n/a
Basement:
Yes - Finished, Full, Walkout
Full Baths:
1
Half Baths:
0
Appliances:
Carbon Monoxide Detector, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
Flooring:
Tile, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior Features
Garage Space:
3-Car
Garage:
None
Driveway:
2 Car Width, Crushed Stone
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
1 Unit
Heating Source:
Gas-Natural
Cooling:
Ceiling Fan, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.08
Lot Dimensions:
66 X 54 AVG
Lot Features:
Corner
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Bloomfield Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
Storage
Pets:
n/a
Financial Considerations
List Price:
$279,140
Tax Amount:
$6,356
Land Assessment:
$50,000
Build. Assessment:
$132,200
Total Assessment:
$182,200
Tax Rate:
3.49
Tax Year:
2025
Ownership Type:
Ground Lease
Listing Information
MLS ID:
4015266
List Date:
03-18-2026
Days On Market:
0
Listing Broker:
S.T. ALLEN REALTY CO.
Listing Agent:
Alexa Mcneil
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox