NOT LISTED FOR SALE

116 Thomas St Bloomfield, NJ 07003

Estimated Value: $448,000 - $627,000

5 Beds
3 Baths
2,698 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 116 Thomas St, Bloomfield, NJ 07003 and is currently estimated at $517,000, approximately $191 per square foot. 116 Thomas St is a home located in Essex County with nearby schools including Watsessing Elementary School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Portofino Investment Group 116 Llc
Bought by
116 Thomas Street Llc
Current Estimated Value
$517,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$273,326
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$289,674

Purchase Details

Closed on
Feb 28, 2019
Sold by
Chouhury Jahedul I and Choudhury Supon A
Bought by
Portofina Investment Grp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 21, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2002
Sold by
Hud
Bought by
Chaudbury Johedul and Chaudbury Supon

Purchase Details

Closed on
Mar 12, 1998
Sold by
Dum Invest
Bought by
Gomez Xochilt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1998
Sold by
Nannchandratilara
Bought by
Dum Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.03%
Mortgage Type
FHA
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

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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
116 Thomas Street Llc $250,000 Counselors Title Agency Inc
Portofina Investment Grp $150,000 Jersey Coast Title
-- -- --
Chaudbury Johedul $225,251 --
Gomez Xochilt $176,400 --
Dum Investment $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 116 Thomas Street Llc $305,000
Previous Owner Portofino Inv Group 116 $270,000
Previous Owner Choudhury Jahedul $433,500
Previous Owner Gomez Xochilt $169,000
Previous Owner Dum Investment $130,000
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
2024 $9,010 $275,700 $77,700 $198,000
2022 $8,828 $275,700 $77,700 $198,000
2021 $8,665 $275,700 $77,700 $198,000
2020 $8,533 $275,700 $77,700 $198,000
2019 $10,689 $268,500 $98,600 $169,900
2018 $10,643 $268,500 $98,600 $169,900
2017 $10,482 $268,500 $98,600 $169,900
2016 $10,364 $268,500 $98,600 $169,900
2015 $10,270 $268,500 $98,600 $169,900
2014 $10,082 $268,500 $98,600 $169,900
Source: Public Records

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