NOT LISTED FOR SALE

218 Berkeley Ave Bloomfield, NJ 07003

Estimated Value: $618,653 - $723,000

-- Bed
-- Bath
1,664 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $451,000 $271 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,716/month

15 Days on Market

About This Home

As of April 2020

This home is located at 218 Berkeley Ave, Bloomfield, NJ 07003 since 09 February 2020 and is currently estimated at $680,663, approximately $409 per square foot. This property was built in 1912. 218 Berkeley Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Julie Salmon

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 02/09/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Nailah Diaz

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,458

Year Built

  • Built in 1912

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,458

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 218
  • I D: 4960837
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33 X 161
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Apr 21, 2020
Sold by
218 Berkeley Associates Llc
Bought by
Doyle Nkosi
Seller's Agent
Julie Salmon
COLDWELL BANKER REALTY
Buyer's Agent
Nailah Diaz
PROMINENT PROPERTIES SIR
List Price
$399,000
Sold Price
$451,000
Premium/Discount to List
$52,000
13.03%
Current Estimated Value
$680,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,663
Avg. Annual Appreciation
7.61%
Original Mortgage
$442,831
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2019
Sold by
Homebridge Financial Svcs
Bought by
218 Berkeley Associates

Purchase Details

Listed on
Jun 18, 2013
Closed on
May 31, 2013
Sold by
Capital Investment G
Bought by
Marshall Carolyn C
Seller's Agent
Paul Covello
C-21 GEMINI, LLC.
Buyer's Agent
Paula Benus
WEICHERT REALTORS
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Capital Investment Group 40 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2010
Sold by
Castor Pierre Anna and Castor Jean M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 26, 2001
Sold by
Vilmer Investments Inc
Bought by
Castor Jean M and Castor Pierre Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.39%

Purchase Details

Closed on
Jan 24, 2000
Sold by
Summit Bank
Bought by
Vilmer Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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ICE

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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
Doyle Nkosi $451,000 Main Street Title & Setmnt
218 Berkeley Associates $266,000 --
Marshall Carolyn C $285,000 --
Marshall Carolyn C $285,000 --
Capital Investment Group 40 Llc $125,000 None Available
Federal National Mortgage Association -- None Available
Castor Jean M $130,000 --
Vilmer Investment $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Nkosi $175,000
Closed Doyle Nkosi $80,000
Open Doyle Nkosi $436,681
Closed Doyle Nkosi $436,681
Closed Doyle Nkosi $442,831
Previous Owner Capital Investment Group 40 Llc $150,000
Previous Owner Castor Pierre Anna $300,000
Previous Owner Castor Jean M $104,000
Previous Owner Vilmer Investment $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $451,000 +13.0% $271 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $399,000 +40.0% $240 / Sq Ft
06/18/2013 06/18/13 Sold $285,000 -- $171 / Sq Ft
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 $13,458 $411,800 $118,800 $293,000
2024 $13,458 $411,800 $118,800 $293,000
2022 $13,186 $411,800 $118,800 $293,000
2021 $12,943 $411,800 $118,800 $293,000
2020 $12,745 $411,800 $118,800 $293,000
2019 $10,844 $272,400 $114,000 $158,400
2018 $10,798 $272,400 $114,000 $158,400
2017 $10,635 $272,400 $114,000 $158,400
2016 $10,515 $272,400 $114,000 $158,400
2015 $10,419 $272,400 $114,000 $158,400
2014 $10,229 $272,400 $114,000 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3615287

Garden State MLS

APN: 02-00335-0000-00045