$345,000
SOLD DEC 17, 2018

123 Demarest Ave Bloomfield, NJ 07003

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

Recently Sold

1% Below List Price

42 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Oak View Elementary School Rated A-

About This Home

As of July 2023

WELCOME HOME to this well maintained 3 Bedroom 1.5 Bath Colonial in one of the most desirable neighborhoods !!!!Updated Kitchen with granite countertops,recessed lighting and a double window overlooking the backyard garden that is a butterfly's dream. Hardwood floors on first floor and original chestnut trim,hardwood under carpet in bedrooms.Unfinished basement just waiting for it to become a playroom,man cave,or family room.Short distance to NYC transportation,Essex County's Brookdale Park,Shopping,Restaurants and the famous Holstens Ice Cream.A MUST SEE

Last Agent to Sell the Property

Theresa Venezia

PROMINENT PROPERTIES SIR Listed on: 09/27/2018

PROMINENT PROPERTIES SIR

Last Buyer's Agent

VICTORIA L. RACELIS

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,805

Year Built

  • Built in 1940

Lot Details

  • 40 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Schools

  • Oak View Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Window Unit Cooling System
  • Radiator

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1602-01266-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,805

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 123
  • Directions: West Passaic to Lindbergh to Demarest
  • I D: 4840931
  • Modified: 2021-09-23
  • Number Images: 13
  • First Name: THERESA
  • First Name3: VICTORIA L.
  • Last Name: VENEZIA
  • Last Name3: RACELIS
  • Office Phone: 287337
  • Office Phone3: 973-783-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Refrigerator, CookGas, Washer, Dishwasher, Dryer
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Basement
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-785-8420

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Schools

  • Elementary School: OAK VIEW
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 40 X 100
  • Assessed Improvement Value: 123400
  • Assessed Land Value: 179000
  • Assessment: 302400
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11805
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-01266-0000-00023-0000-
  • Tax Rate Amount: 3.904
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: OAK VIEW

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
$592,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,594
Avg. Annual Appreciation
8.28%
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 Type Sale Price Title Company
Deed $505,123 Realsafe Title
Deed $345,000 Chicago Title
Interfamily Deed Transfer $80,000 None Available
Deed -- --
Deed $230,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,842 New Conventional
Previous Owner $338,471 FHA
Previous Owner $338,751 FHA
Previous Owner $190,000 New Conventional
Previous Owner $207,000 No Value Available
Previous Owner $122,000 No Value Available
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
2025 $10,935 $334,600 $195,400 $139,200
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: 3505026

Garden State MLS

APN: 02-01266-0000-00023