NOT LISTED FOR SALE

254 Franklin St Unit 2 Bloomfield, NJ 07003

Silver Lake Neighborhood

Estimated Value: $704,000 - $742,000

5 Beds
2 Baths
2,434 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 254 Franklin St Unit 2, Bloomfield, NJ 07003 and is currently estimated at $721,081, approximately $296 per square foot. 254 Franklin St Unit 2 is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Cepeda Octavio and Acevedo Obdulia
Bought by
Pithwa Jigar and Pithwa Purvi
Current Estimated Value
$721,081

Purchase Details

Closed on
May 26, 2005
Sold by
Wilks Hazel
Bought by
Cepeda Octavio and Acevedo Obdulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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ICE

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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

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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
Pithwa Jigar $690,000 Cornerstone Title Agency
Cepeda Octavio $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pithwa Jigar $350,000
Previous Owner Cepeda Octavio $43,430
Previous Owner Cepeda Octavio $365,750
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
2024 $12,677 $387,900 $106,500 $281,400
2022 $12,421 $387,900 $106,500 $281,400
2021 $12,192 $387,900 $106,500 $281,400
2020 $12,006 $387,900 $106,500 $281,400
2019 $12,389 $311,200 $105,000 $206,200
2018 $12,336 $311,200 $105,000 $206,200
2017 $12,149 $311,200 $105,000 $206,200
2016 $12,012 $311,200 $105,000 $206,200
2015 $11,903 $311,200 $105,000 $206,200
2014 $11,686 $311,200 $105,000 $206,200
Source: Public Records

Map

New Jersey Essex County Bloomfield 07003 Silver Lake

254 Franklin St Unit 2, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 254 Franklin St Unit 2, Bloomfield, NJ 07003 and is currently estimated at $721,081, approximately $296 per square foot. 254 Franklin St Unit 2 is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

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