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$279,140
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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.
Full Property Details
Full Property Details for 17 Carteret St
General
- Price: $279,140
- Taxes: $6,356 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4015266
- Updated: 3/25/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 5
- 1st Floor/Level 1: Bedroom 2, Main Bath, Kitchen, Living Room, MudRoom, Porch, Screened
- Lower Level: Den, Laundry Room, Walkout
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
- Appliances: Carbon Monoxide Detector, Dryer, Microwave, Gas Range and Oven, Refrigerator, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 1st Floor
- Bedroom 1: First
- Bedroom 2: First
Other Rooms
- Living Room: First
- Kitchen: Breakfast Bar, First
- Den: Basement
- MudRoom: First
Additional Information
- Shared Amenities: Storage Area
Exterior
- Exterior Features: Enclosed Porch(es), Patio, Storage Shed, Thermal Windows/Doors
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: None
Location
- County: Essex
- Driving Directions: At the corner of Carteret St. and Morse Ave.
Heating & Cooling
- Cooling Type: Ceiling Fan, Window A/C(s)
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 810
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 66 x 54 AVG
- Driveway/Sidewalk: 2 Car Width, Crushed Stone
- Zoning: R-1B
- Lot Description: Corner
Financial Considerations
- Other Fee Freq.: R
- Assessment Amount: $182,200
- Land Assmt: $50,000
- Tax Amount: $6,356
- Tax Year: 2025
Disclosures and Reports
- Ownership: Ground Lease
- Disclosures: Yes
- APN: 1602-00189-0000-00006-0000-
- Block: 189
- Lot Number: 6
Listed by S.T. Allen Realty Co.
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Schools
Schools serving 17 Carteret St
School District:Bloomfield Township School District
| Name | Grades | Distance |
|---|---|---|
Watsessing Elementary School 71 Prospect Street, Bloomfield, NJ 07003 | PK-6 | 0.2 mi |
Bloomfield Middle School, Bloomfield, NJ 60 Huck Road, Bloomfield, NJ 07003 | 7-8 | 2.9 mi |
Bloomfield High School, Bloomfield, NJ 160 Broad Street, Bloomfield, NJ 07003 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17 Carteret St
Date
Details
Price
Change
Source
3/18/2026
Listed
$279,140
69.18%
MLS
10/24/2014
Sold
$165,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17 Carteret St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,180
4%
$182,200
—
2023
$5,954
2%
$182,200
—
2022
$5,834
2%
$182,200
—
2021
$5,727
-13%
$182,200
11%
2019
$6,553
—
$164,600
—
2018
$6,525
2%
$164,600
—
2017
$6,426
1%
$164,600
—
2016
$6,354
-11%
$164,600
-12%
2015
$7,149
-1%
$186,900
-7%
2013
$7,200
—
$201,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17 Carteret St
17 Carteret St, Bloomfield, NJ 07003 (MLS# 4015266) is a Single Family property with 2 bedrooms and 1 full bathroom. 17 Carteret St is currently listed for $279,140 and was received on March 18, 2026. Want to learn more about 17 Carteret St? Do you have questions about finding other Single Family real estate for sale in Bloomfield? You can browse all Bloomfield real estate or contact a Coldwell Banker agent to request more information.

