17 Carteret St, Bloomfield, NJ, 07003
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1941
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Dryer,Microwave,Range/Oven-Gas,Refrigerator,Washer,Gas Water Heater
- Laundry features: In Basement
Basement
- Features: Den, Laundry Room, Walkout
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full,Walk-Out Access
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Thermal Windows/Doors
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: 1 Unit,Natural Gas
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 810
- Total interior livable area: 810 sqft
Kitchen
- Features: Breakfast Bar
- Level: First
Living Room
- Level: First
Master Bathroom
- Features: Tub Shower
Property
Details
- Parcel number: 1602001890000000060000
- On leased land: Yes
- Zoning description: R-1B
Features
- Patio & porch: Enclosed Porch(es),Patio
Lot
- Lot size: 3,484 sqft
- Features: Corner Lot
- Lot size dimensions: 66 x 54 AVG
Parking
- Total spaces: 3
- Parking features: 2 Car Width,Crushed Stone,None
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,411 | $16,932 |
| Home Insurance * | $76 | $912 |
| Property Taxes | $488 | $5,856 |
| Electricity | $193 | $2,318 |
| Total | $2,168 | $26,016 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-18 | Listed for sale | $279,140 |
| 2024-10-31 | Listing removed | $265,000 |
| 2024-10-16 | Listed for sale | $265,000 |
| 2021-07-10 | Listing removed | -- |
| 2021-06-11 | Listed for rent | $2,600 |
| 2014-02-26 | Sold | $130,000 |
| 2013-12-21 | Price change | $129,900 |
| 2013-11-20 | Price change | $140,000 |
| 2013-10-18 | Price change | $153,000 |
| 2013-09-17 | Listed for sale | $163,200 |
| 2013-08-29 | Sold | $188,449 |
| 2013-02-07 | Listing removed | $139,900 |
| 2012-12-05 | Price change | $139,900 |
| 2012-11-22 | Price change | $189,900 |
| 2012-06-03 | Price change | $199,900 |
| 2012-05-11 | Price change | $199,000 |
| 2012-04-18 | Price change | $205,000 |
| 2012-02-12 | Listed for sale | $215,000 |
| 2011-09-13 | Listing removed | $215,000 |
| 2011-07-02 | Price change | $215,000 |
| 2011-03-22 | Listed for sale | $229,000 |
| 2007-07-18 | Sold | $270,000 |
| 2004-08-16 | Sold | $175,000 |
For Sale by Agent
View on Zillow