NOT LISTED FOR SALE

Estimated Value: $3,617,651

3 Beds
1 Bath
-- Sq Ft
5,314 Sq Ft Lot

About This Home

This home is located at 216 Bloomfield Ave, Newark, NJ 07104 and is currently estimated at $3,617,651. 216 Bloomfield Ave is a home located in Essex County with nearby schools including First Avenue Elementary School, Franklin School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
216 Bloomfield Ave Llc
Bought by
Bloomfield Estates Llc
Current Estimated Value
$3,617,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,239,737
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$1,207,775

Purchase Details

Closed on
Feb 25, 2019
Sold by
216 Bloomfield Associates
Bought by
216 Bloomfield Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
4.41%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Pbe Companies Llc
Bought by
216 Bloomfield Assoc

Purchase Details

Closed on
Apr 12, 2013
Sold by
Sheriff Armando Fontoura
Bought by
Pbe Companies Llc

Purchase Details

Closed on
Dec 8, 2009
Sold by
Bloomfield Plaza Llc and Oberlander Abraham
Bought by
F Menachem Trust and Oberlander Lipsitz Helene

Purchase Details

Closed on
Nov 26, 2007
Sold by
Associates 216 Llc
Bought by
Bloomfield Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2001
Sold by
Bloomfield Avenue Property
Bought by
Associates 216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2000
Sold by
Devito Mildred
Bought by
Bloomfield Avenue Property

Purchase Details

Closed on
Oct 17, 1994
Sold by
Boscia Edna
Bought by
Devito Mildred
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

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Quantarium

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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
Bloomfield Estates Llc -- Universal Title
216 Bloomfield Associates $1,850,000 Universal Title Llc
216 Bloomfield Assoc $999,000 --
216 Bloomfield Assoc $999,000 --
Pbe Companies Llc $550,000 --
F Menachem Trust -- None Available
Bloomfield Plaza Llc $1,650,000 None Available
Associates 216 $825,000 --
Bloomfield Avenue Property $215,000 --
Devito Mildred $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloomfield Estates Llc $2,300,000
Previous Owner Bloomfield Plaza Llc $1,320,000
Previous Owner Associates 216 $618,750
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
2025 $48,464 $1,300,000 $153,900 $1,146,100
2024 $48,464 $1,300,000 $153,900 $1,146,100
2022 $48,568 $1,300,000 $153,900 $1,146,100
2021 $48,542 $1,300,000 $153,900 $1,146,100
2020 $49,400 $1,300,000 $153,900 $1,146,100
2019 $38,174 $1,015,000 $153,900 $861,100
2018 $37,484 $1,015,000 $153,900 $861,100
2017 $36,134 $1,015,000 $153,900 $861,100
2016 $38,686 $1,124,600 $153,900 $970,700
2015 $37,213 $1,124,600 $153,900 $970,700
2014 $34,874 $1,124,600 $153,900 $970,700
Source: Public Records

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