$730,000
SOLD SEP 3, 2025

116 Berkeley Ave Bloomfield, NJ 07003

-- Bed
-- Bath
-- Sq Ft
33 Sq Ft Lot

Recently Sold

12% Above List Price

24 Days on Market

About This Home

As of September 2025

This home is located at 116 Berkeley Ave, Bloomfield, NJ 07003 and is currently priced at $730,000. This property was built in 1922. 116 Berkeley Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Danielle Coletta

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 06/16/2025

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

YIPSI C. CHAVEZ

ESSENTIAL REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,425

Year Built

  • Built in 1922

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,425

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 116
  • I D: 5365135
  • Modified: 2025-09-04
  • Number Images: 0
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33 X 183
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Aug 21, 2025
Sold by
Palmieri Pasqualino
Bought by
116 Berkeley Ave Corporation
Seller's Agent
Danielle Coletta
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
YIPSI C. CHAVEZ
ESSENTIAL REAL ESTATE
List Price
$650,000
Sold Price
$730,000
Premium/Discount to List
$80,000
12.31%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.92%
Original Mortgage
$584,000
Outstanding Balance
$583,485
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,455

Purchase Details

Closed on
Jun 21, 2002
Sold by
Decroce Angelo
Bought by
Palmieri Pasqalino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.82%

Purchase Details

Closed on
Mar 1, 1996
Sold by
Sanzaro Carmela
Bought by
Perugini Carlo and Perugini Adelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $730,000 Old Republic National Title
Deed $250,000 --
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 New Conventional
Previous Owner $225,000 No Value Available
Previous Owner $104,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $730,000 +12.3% --
07/10/2025 07/10/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $650,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,425 $410,800 $111,100 $299,700
2024 $13,425 $410,800 $111,100 $299,700
2022 $13,154 $410,800 $111,100 $299,700
2021 $12,911 $410,800 $111,100 $299,700
2020 $12,714 $410,800 $111,100 $299,700
2019 $10,944 $274,900 $86,000 $188,900
2018 $10,897 $274,900 $86,000 $188,900
2017 $10,732 $274,900 $86,000 $188,900
2016 $10,611 $274,900 $86,000 $188,900
2015 $10,515 $274,900 $86,000 $188,900
2014 $10,323 $274,900 $86,000 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3969575

Garden State MLS

APN: 02-00334-0000-00037