Seller's Agent in 2025
Gillian Maghan
Nest Seekers New Jersey LLC
(732) 454-0392
1 in this area
6 Total Sales
26 Bay Ave Bloomfield, NJ 07003
5
Beds
4
Baths
--
Sq Ft
--
Built
About This Home
As of May 2025Amazing investment opportunity in the heart of Bloomfield, NJ! This well-maintained four-plex features three units with 1 bedroom and 1 bathroom each, along with a spacious 2-bedroom, 1-bath unit that boasts a large second-level bedroom. Each unit includes two dedicated parking spaces, individual storage areas in the basement, central air, and separate utilities. Located just five minutes from the Bloomfield train station, this property offers an easy 30-minute commute directly into Manhattan, making it highly desirable for tenants. With incredible income potential, high rental demand, and low taxes, this property is a true investor's dream. Don't miss your chance to own in this prime location!
Last Agent to Sell the Property
Nest Seekers New Jersey LLC License #2297331 Listed on: 01/20/2025
Last Buyer's Agent
NON MEMBER MORR
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,816
Home Design
- Quadruplex
- Shingle Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
Parking
- 8 Parking Spaces
- Off-Street Parking
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Exclusions: Tenants Personal Property
- Tenant pays for water, heat, gas, electricity
- Assessor Parcel Number 1602-00695-0000-00050-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
May 29, 2025
Sold by
Lombardo Linda
Bought by
Zhang Boven and Zhang Michelle
Seller's Agent
Gillian Maghan
Nest Seekers New Jersey LLC
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$800,000
Sold Price
$970,000
Premium/Discount to List
$170,000
21.25%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,602
Avg. Annual Appreciation
-27.06%
Original Mortgage
$727,500
Outstanding Balance
$725,632
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$156,766
Purchase Details
Closed on
May 26, 1993
Sold by
Lombardo Vincent and Lombardo Linda
Bought by
Lombardo Linda
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $970,000 | Clear Skies Title | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $727,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $970,000 | +21.3% | -- |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $800,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $15,239 | $466,300 | $117,600 | $348,700 |
| 2024 | $15,239 | $466,300 | $117,600 | $348,700 |
| 2022 | $14,931 | $466,300 | $117,600 | $348,700 |
| 2021 | $14,656 | $466,300 | $117,600 | $348,700 |
| 2020 | $14,432 | $466,300 | $117,600 | $348,700 |
| 2019 | $14,045 | $352,800 | $111,200 | $241,600 |
| 2018 | $13,985 | $352,800 | $111,200 | $241,600 |
| 2017 | $13,773 | $352,800 | $111,200 | $241,600 |
| 2016 | $13,618 | $352,800 | $111,200 | $241,600 |
| 2015 | $13,495 | $352,800 | $111,200 | $241,600 |
| 2014 | $13,248 | $352,800 | $111,200 | $241,600 |
Source: Public Records
Agents Affiliated with this Home
-
Gillian Maghan
-
Anthony Fantazzi
Seller Co-Listing Agent in 2025
Anthony Fantazzi
Nest Seekers New Jersey LLC
(856) 430-2490
1 in this area
59 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER MORR
NON MEMBER
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22501774
APN: 02-00695-0000-00050
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