NOT LISTED FOR SALE

241 W Passaic Ave Unit 1 Bloomfield, NJ 07003

Estimated Value: $550,000 - $685,349

5 Beds
3 Baths
2,026 Sq Ft
$313/Sq Ft Est. Value

About This Home

This home is located at 241 W Passaic Ave Unit 1, Bloomfield, NJ 07003 and is currently estimated at $635,087, approximately $313 per square foot. 241 W Passaic Ave Unit 1 is a home located in Essex County with nearby schools including Oak View School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Liu Jun and Zhou Min
Bought by
Lama Dolma
Current Estimated Value
$635,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$486,248
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$148,839

Purchase Details

Closed on
Sep 28, 2012
Sold by
Zhou Min
Bought by
Zhou Min and Liu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Sommese Joseph and Sommese Camille
Bought by
Zhou Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Lama Dolma $650,000 Aglobal Title Agency
Zhou Min -- None Available
Zhou Min $380,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lama Dolma $487,500
Previous Owner Zhou Min $260,000
Previous Owner Zhou Min $304,000
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 $14,023 $429,100 $163,000 $266,100
2024 $14,023 $429,100 $163,000 $266,100
2022 $13,740 $429,100 $163,000 $266,100
2021 $13,487 $429,100 $163,000 $266,100
2020 $13,281 $429,100 $163,000 $266,100
2019 $12,970 $325,800 $135,000 $190,800
2018 $12,915 $325,800 $135,000 $190,800
2017 $12,719 $325,800 $135,000 $190,800
2016 $12,576 $325,800 $135,000 $190,800
2015 $12,462 $325,800 $135,000 $190,800
2014 $12,234 $325,800 $135,000 $190,800
Source: Public Records

Map

New Jersey Essex County Bloomfield 07003

241 W Passaic Ave Unit 1, Bloomfield, NJ

Not Listed for Sale

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