NOT LISTED FOR SALE

123 Demarest Ave Bloomfield, NJ 07003

Estimated Value: $583,089 - $649,000

3 Beds
2 Baths
-- Sq Ft
40 Sq Ft Lot

Last Sold July 26, 2023

Last sale price $505,123

Est. 21% increase in value since last sale

Current estimated payment $4,326/month

21 Days on Market

About This Home

As of July 2023

This home is located at 123 Demarest Ave, Bloomfield, NJ 07003 since 06 June 2023 and is currently estimated at $613,022. 123 Demarest Ave is a home located in Essex County with nearby schools including Oak View Elementary School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Gina Rossomondo

RE/MAX COMPETITIVE EDGE Brokerage Phone: 732-548-5555 Listed on: 06/06/2023

RE/MAX COMPETITIVE EDGE

Co-Listed By

Laura Hubert

RE/MAX COMPETITIVE EDGE Brokerage Phone: 732-548-5555

Last Buyer's Agent

Kathryn Surgent

COLDWELL BANKER REALTY WYK

COLDWELL BANKER REALTY WYK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,935

Lot Details

  • 40 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,935

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 123
  • I D: 5225145
  • Modified: 2024-07-27
  • Number Images: 1
  • Attribution Contact: 732-548-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 40 X 100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 25, 2023
Sold by
Mihalik Michael and Mihalik Gina M
Bought by
Zhou Liang and Huang Qingrong
Seller's Agent
Gina Rossomondo
RE/MAX COMPETITIVE EDGE
Buyer's Agent
Kathryn Surgent
COLDWELL BANKER REALTY WYK
List Price
$499,000
Sold Price
$505,123
Premium/Discount to List
$6,123
1.23%
Views
11
Current Estimated Value
$613,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,899
Avg. Annual Appreciation
9.15%
Original Mortgage
$378,842
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 17, 2018
Sold by
Pescatore Thoma J
Bought by
Mihalik Michael and Mihalik Gina M
Seller's Agent
Theresa Venezia
PROMINENT PROPERTIES SIR
Buyer's Agent
VICTORIA L. RACELIS
EXP REALTY, LLC
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$338,751
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2012
Sold by
Pescatore Thomas J and Pescatore Catherine F
Bought by
Pescatore Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2002
Sold by
Pescatore Thomas
Bought by
Pescatore Catherine and Pescatore Thomas

Purchase Details

Closed on
Jul 31, 2001
Sold by
Taylor Robert
Bought by
Pescatore Thomas and Pescatore Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.06%

Purchase Details

Closed on
May 23, 1995
Sold by
Jeffreys Patricia
Bought by
Taylor Robert and Taylor Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
8.24%
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
Zhou Liang $505,123 Realsafe Title
Mihalik Michael $345,000 Chicago Title
Pescatore Thomas J $80,000 None Available
Pescatore Catherine -- --
Pescatore Thomas $230,000 --
Taylor Robert $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhou Liang $378,842
Previous Owner Mihalik Michael $338,471
Previous Owner Mihalik Michael $338,751
Previous Owner Pescatore Thomas J $190,000
Previous Owner Pescatore Thomas $207,000
Previous Owner Taylor Robert $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $505,123 +1.2% --
06/27/2023 06/27/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $499,000 +44.6% --
12/17/2018 12/17/18 Sold $345,000 -1.4% --
11/08/2018 11/08/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $349,900 -- --
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
2024 $10,935 $334,600 $195,400 $139,200
2022 $10,714 $334,600 $195,400 $139,200
2021 $10,516 $334,600 $195,400 $139,200
2020 $10,356 $334,600 $195,400 $139,200
2019 $12,039 $302,400 $179,000 $123,400
2018 $11,987 $302,400 $179,000 $123,400
2017 $11,806 $302,400 $179,000 $123,400
2016 $11,673 $302,400 $179,000 $123,400
2015 $11,567 $302,400 $179,000 $123,400
2014 $11,355 $302,400 $179,000 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3847822

Garden State MLS

APN: 02-01266-0000-00023