116 Franklin St Bloomfield, NJ 07003
Estimated Value: $579,000 - $712,000
5
Beds
3
Baths
1,747
Sq Ft
$355/Sq Ft
Est. Value
About This Home
This home is located at 116 Franklin St, Bloomfield, NJ 07003 and is currently estimated at $620,760, approximately $355 per square foot. 116 Franklin St is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2021
Sold by
Fonseca Eric
Bought by
Herbach John
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Outstanding Balance
$349,707
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$271,053
Purchase Details
Closed on
Sep 28, 2016
Sold by
Fonseca Guido and Villaneuva Maria
Bought by
Fonseca Eric
Purchase Details
Closed on
Nov 24, 1992
Sold by
Angelo Michele V
Bought by
Fonseca Guido and Fonseca Baez,Betty
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Herbach John | $425,000 | Evident Title | |
| Fonseca Eric | -- | None Available | |
| Fonseca Guido | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Herbach John | $391,000 |
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 | $12,974 | $382,500 | $86,400 | $296,100 |
| 2024 | $12,500 | $382,500 | $86,400 | $296,100 |
| 2022 | $12,248 | $382,500 | $86,400 | $296,100 |
| 2021 | $10,265 | $326,600 | $86,400 | $240,200 |
| 2020 | $10,108 | $326,600 | $86,400 | $240,200 |
| 2019 | $10,156 | $255,100 | $108,800 | $146,300 |
| 2018 | $10,112 | $255,100 | $108,800 | $146,300 |
| 2017 | $9,959 | $255,100 | $108,800 | $146,300 |
| 2016 | $9,847 | $255,100 | $108,800 | $146,300 |
| 2015 | $9,758 | $255,100 | $108,800 | $146,300 |
| 2014 | $9,579 | $255,100 | $108,800 | $146,300 |
Source: Public Records
Map
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