NOT LISTED FOR SALE

222 Berkeley Ave Bloomfield, NJ 07003

Estimated Value: $607,013 - $776,000

-- Bed
-- Bath
1,844 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $625,000 $339 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,864/month

16 Days on Market

About This Home

As of November 2021

This home is located at 222 Berkeley Ave, Bloomfield, NJ 07003 since 22 September 2021 and is currently estimated at $724,503, approximately $392 per square foot. This property was built in 1916. 222 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

Jocelyn Russo

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 09/22/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

David Bistany

KELLER WILLIAMS CITY LIFE REALTY

KELLER WILLIAMS CITY LIFE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,631

Year Built

  • Built in 1916

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,631

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Year Built: 1916
  • County Name: Essex
  • I D: 5104605
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33 X 163
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 11, 2021
Sold by
Ozurumba Chimezie and Ozurumba Patrina
Bought by
Merrill Edward and Yang Yingying
Seller's Agent
Jocelyn Russo
COLDWELL BANKER REALTY
Buyer's Agent
David Bistany
KELLER WILLIAMS CITY LIFE REALTY
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$724,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,503
Avg. Annual Appreciation
3.81%
Original Mortgage
$425,000
Outstanding Balance
$389,439
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$335,064

Purchase Details

Closed on
Mar 30, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ozurumba Chimezie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,729
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2010
Sold by
Arroyo Isbon
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 14, 2006
Sold by
Rovento Janet
Bought by
Arroyo Isbon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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
Merrill Edward $625,000 Old Republic Title Ins Co
Ozurumba Chimezie $149,900 Multiple
Federal Home Loan Mortgage Corp -- None Available
Arroyo Isbon $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Edward $425,000
Previous Owner Ozurumba Chimezie $198,729
Previous Owner Arroyo Isbon $341,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $625,000 +4.3% $339 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $599,000 -- $325 / 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 $12,631 $386,500 $118,800 $267,700
2024 $12,631 $386,500 $118,800 $267,700
2022 $11,956 $373,400 $118,800 $254,600
2021 $11,736 $373,400 $118,800 $254,600
2020 $11,557 $373,400 $118,800 $254,600
2019 $11,509 $289,100 $114,000 $175,100
2018 $11,460 $289,100 $114,000 $175,100
2017 $11,286 $289,100 $114,000 $175,100
2016 $11,159 $289,100 $114,000 $175,100
2015 $11,058 $289,100 $114,000 $175,100
2014 $10,856 $289,100 $114,000 $175,100
Source: Public Records

Agents Affiliated with this Home

  • Jocelyn Russo

    Seller's Agent in 2021

    Jocelyn Russo

    COLDWELL BANKER REALTY

    (973) 321-6033

    10 in this area

    105 Total Sales

    Jocelyn Russo
    Section Image
  • David Bistany

    Buyer's Agent in 2021

    David Bistany

    KELLER WILLIAMS CITY LIFE REALTY

    (201) 852-3291

    1 in this area

    78 Total Sales

    David Bistany
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3742182

Garden State MLS

APN: 02-00335-0000-00047

New Jersey Essex County Bloomfield 07003

222 Berkeley Ave, Bloomfield, NJ

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