NOT LISTED FOR SALE

116 Franklin St Bloomfield, NJ 07003

Estimated Value: $563,000 - $627,000

5 Beds
3 Baths
1,747 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 116 Franklin St, Bloomfield, NJ 07003 and is currently estimated at $599,821, approximately $343 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
$599,821

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
$250,114

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 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 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 $12,500 $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

New Jersey Essex County Bloomfield 07003

116 Franklin St, Bloomfield, NJ

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