NOT LISTED FOR SALE

118 Demarest Ave Bloomfield, NJ 07003

Estimated Value: $662,000 - $712,000

3 Beds
1 Bath
-- Sq Ft
3,999 Sq Ft Lot

Last Sold August 19, 2022

Last sale price $510,000

Est. 33% increase in value since last sale

Current estimated payment $4,954/month

71 Days on Market

Highlights

  • Central Air
  • Oak View Elementary School Rated A-
  • Rectangular Lot

About This Home

As of August 2022

Charming Tudor in the highly desirable Oakview Section of Bloomfield! This 3 bedroom home has Modern Eat in Kitchen with sliders to outside making it easy for entertaining- beautiful hardwood flooring with chestnut trim throughout. Finished basement hosts the family room as well as great storage space. Exciting 3rd floor unfinished bonus space offers excellent 4th bedroom or flex office/play space. Ideal commuter location in close proximity to prestigious Oakview Elementary School with walk to NYC direct DeCamp bus and or short ride to train station. Convenient to Brookdale Park- restaurants and shops. This is a welcoming, turn-key home- move right in!

Last Agent to Sell the Property

Jillian Nolan

Compass New Jersey, LLC-Montclair Listed on: 05/26/2022

Compass New Jersey, LLC-Montclair

Last Buyer's Agent

Darren Giordano

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,351

Lot Details

  • 3,999 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00006 / 01267

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,351

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-310-7360
  • MLS Status: Sold - Sold
  • Directions: West Passaic to Lindbergh to Demarest Avenue.
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Tudor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Family Room, Laundry Room, Utility Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Radiant Floor, Steam

Lot Info

  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 13351.0
  • Tax Block: 01267
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 18, 2022
Sold by
Carrero and Ruben
Bought by
Borak Donna
Seller's Agent
Jillian Nolan
Compass New Jersey, LLC-Montclair
Buyer's Agent
Darren Giordano
EXP Realty, LLC
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Current Estimated Value
$678,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,482
Avg. Annual Appreciation
11.99%
Original Mortgage
$458,948
Outstanding Balance
$441,662
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$260,926

Purchase Details

Closed on
Oct 15, 2006
Sold by
Bartel Brian M and Bartel Tina Marie
Bought by
Carrero Ruben and Carrero Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,250
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Martino Steven
Bought by
Bartel Brian and Bartel Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 17, 1991
Sold by
Edwards Mildred
Bought by
Martino Steven and Martino Rosalind
Source: Public Records

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Range of Values:

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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
Borak Donna $510,000 --
Carrero Ruben $430,000 Fidelity Natl Title Ins Co
Bartel Brian $270,000 --
Martino Steven $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borak Donna $458,948
Previous Owner Carrero Ruben $324,204
Previous Owner Carrero Ruben $106,750
Previous Owner Carrero Ruben $320,250
Previous Owner Bartel Brian $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $510,000 -7.1% --
08/12/2022 08/12/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $549,000 -- --
Source: New Jersey 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
2024 $14,098 $431,400 $195,400 $236,000
2022 $13,813 $431,400 $195,400 $236,000
2021 $13,559 $431,400 $195,400 $236,000
2020 $13,352 $431,400 $195,400 $236,000
2019 $13,448 $337,800 $179,000 $158,800
2018 $13,390 $337,800 $179,000 $158,800
2017 $13,188 $337,800 $179,000 $158,800
2016 $13,039 $337,800 $179,000 $158,800
2015 $12,921 $337,800 $179,000 $158,800
2014 $12,684 $337,800 $179,000 $158,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22020821

New Jersey MLS

APN: 02-01267-0000-00006