Perfect Investment Opportunity in BOOMING BLOOMFIELD! Well maintained over/under 2-family with easy access to town & schools K-12 in Brookdale Section. Steady income history! The 1st FL unit is 1BR, Living Room, Eat in Kitchen & Formal Dining Room with access to basement and rec room. Rented for $1,750. The upstairs was most recently rented for $1,750. Upstairs vacant today for the buyer who wants to occupy, or rent it out! The fireplace/flue in the 1st floor unit is functional & the 2nd floor unit is ornamental only. 1.6 Miles to Train. 0.3 Miles to Bus Stop.
Last Agent to Sell the Property
Nanci Echeverri
Prominent Properties Sotheby's International Realty-WestfieldListed on: 12/11/2020
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,931
Lot Details
6,447 Sq Ft Lot
Rectangular Lot
Parking
Detached Garage
Home Design
Built between 1900 - 1939
Brick Exterior Construction
Vinyl Construction Material
Bedrooms and Bathrooms
3 Bedrooms
Location
Property is near a park
Property is near public transit
Property is near shops
Additional Features
Fireplace
Stairway
Heating System Uses Gas
Finished Basement
Community Details
Laundry Facilities
Listing and Financial Details
Assessor Parcel Number 070201172 00005
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,931
Lot Details
0
Listing Details
Property Short: 2-4
Sub-Style: 2 Family
Lifestyle: Close/Parks, Close/Shopg, Close/Trans
Views/Exposure: None
Year Built: 1900-1939
Miscellaneous: None
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Number of Rooms: 12
Fireplace: 1 Fireplace
Bedrooms: 3
Total Bathrooms: 2.10
Full Bathrooms: 2
Partial Bathroom: 1
Basement: Finished, Grd Lv Acces
Basement: Finished
Laundry: Basement
Exterior Features
Waterfront: None
Exterior Finish: Aluminum, Brick, Vinyl
Garage/Parking
Garage: Detached
Utilities
Heating: Gas, Radiators
Sewer: Municipal
Water Source: Municipal
Utilities: O/See Rmks
Cooling: None
Lot Info
County Name: ESSEX
Locale: 200
Lot: 00005
Estimated Lot Sq Ft: 6447
Lot Description: Regular
Tax Info
Tax: 11931
Assessor Parcel Number: 070201172 00005
Ownership History
DateNameOwned ForOwner Type
Mar 2021 - PresentBetit Alexander and Demetriades Alexandra4 Years and 4 Months
Private Individual
Purchase Details
Listed on
Dec 11, 2020
Closed on
Mar 22, 2021
Sold by
Sheth Nainsi and Sheth Hansal
Bought by
Betit Alexander and Demetriades Alexandra
Seller's Agent
Nanci Echeverri
Prominent Properties Sotheby's International Realty-Westfield
Buyer's Agent
Outside Agent
Outside Office
List Price
$489,000
Sold Price
$489,000
Current Estimated Value
$713,646
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,646
Avg. Annual Appreciation
9.33%
Original Mortgage
$415,650
Interest Rate
2.9%
Mortgage Type
New Conventional
Dec 2015 - Mar 2021Sheth Hansal and Sheth Nainsi5 Years and 3 Months
Private Individual
Purchase Details
Closed on
Dec 17, 2015
Sold by
Sheth Nainsi
Bought by
Sheth Hansal and Sheth Nainsi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.97%
May 2015 - Dec 2015Sheth Nainsi7 Months
Private Individual
Purchase Details
Listed on
May 18, 2015
Closed on
May 18, 2015
Sold by
Maggio Angelo and Maggio Rita E
Bought by
Sheth Nainsi
Seller's Agent
LAUREL TURCHIN
PROMINENT PROPERTIES SIR
Buyer's Agent
JOHN MENDEZ
WEICHERT REALTORS
Sold Price
$211,850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Exceptionally well-maintained two-family home offering spacious, light-filled living in a desirable layout. Each unit features a full living room & dining room, one bedroom and a four season den with abundant natural light flowing throughout the entire building. The second-floor unit includes a finished walk-up attic perfect for additional living space or guest area as well as a separate office
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ICE
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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
$14,343
$438,900
$150,500
$288,400
2022
$14,054
$438,900
$150,500
$288,400
2021
$11,896
$378,500
$150,500
$228,000
2020
$11,715
$378,500
$150,500
$228,000
2019
$11,931
$299,700
$139,500
$160,200
2018
$11,880
$299,700
$139,500
$160,200
2017
$11,700
$299,700
$139,500
$160,200
2016
$11,974
$310,200
$139,500
$170,700
2015
$11,858
$310,000
$147,300
$162,700
2014
$11,641
$310,000
$147,300
$162,700
Source: Public Records
Agents Affiliated with this Home
N
Seller's Agent in 2021
Nanci Echeverri
Prominent Properties Sotheby's International Realty-Westfield
This home is located at 1316 Broad St, Bloomfield, NJ 07003 and is currently priced at $489,000. 1316 Broad St is a home located in Essex County with nearby schools including Brookdale School, Bloomfield Middle School, and Bloomfield High School.
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.