NOT LISTED FOR SALE

16 Thomas St Unit 1 Bloomfield, NJ 07003

Estimated Value: $483,339 - $639,000

2 Beds
1 Bath
1,914 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 16 Thomas St Unit 1, Bloomfield, NJ 07003 and is currently estimated at $567,085, approximately $296 per square foot. 16 Thomas St Unit 1 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
Feb 9, 2021
Sold by
Oaktree Property Management Llc
Bought by
Connolly Christopher Michael
Current Estimated Value
$567,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$230,658
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$322,254

Purchase Details

Closed on
Jun 17, 2011
Sold by
Jean Louis James and Almonte Francia
Bought by
Oaktree Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Dyer Joanne
Bought by
Louis James Jean and Almonte Francia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2000
Sold by
Rice James G
Bought by
Dyer Joanne and Dyer Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,926
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1991
Sold by
Dipaolo Stephen and Dipaolo Beverly
Bought by
Rice James and Rice Bell,Victoria
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Connolly Christopher Michael $340,000 Catic Title Insurance Co
Oaktree Property Management Llc $195,000 Multiple
Louis James Jean $310,000 --
Dyer Joanne $145,000 --
Rice James $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connolly Christopher Michael $255,000
Previous Owner Oaktree Property Management Llc $146,250
Previous Owner Louis James Jean $75,000
Previous Owner Jean Louis James $324,000
Previous Owner Jean Louis James $25,000
Previous Owner Louis James Jean $298,400
Previous Owner Dyer Joanne $144,926
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 $10,301 $315,200 $87,900 $227,300
2022 $10,093 $315,200 $87,900 $227,300
2021 $9,907 $315,200 $87,900 $227,300
2020 $9,755 $315,200 $87,900 $227,300
2019 $10,247 $257,400 $101,000 $156,400
2018 $10,203 $257,400 $101,000 $156,400
2017 $10,049 $257,400 $101,000 $156,400
2016 $9,936 $257,400 $101,000 $156,400
2015 $9,846 $257,400 $101,000 $156,400
2014 $9,665 $257,400 $101,000 $156,400
Source: Public Records

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