NOT LISTED FOR SALE

29 Berkeley Place Bloomfield, NJ 07003

Silver Lake Neighborhood

Estimated Value: $642,000 - $777,853

-- Bed
-- Bath
-- Sq Ft
50 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $545,000

Est. 28% increase in value since last sale

Current estimated payment $5,059/month

159 Days on Market

About This Home

As of October 2023

This home is located at 29 Berkeley Place, Bloomfield, NJ 07003 since 10 March 2023 and is currently estimated at $699,963. This property was built in 1923. 29 Berkeley Place is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Last Listed By

Gregg Nicholas

VILLAGE SQUARE REALTORS Brokerage Phone: 973-509-2222 Listed on: 03/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,922

Year Built

  • Built in 1923

Lot Details

  • 50 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,922

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Essex
  • Street Number Display: 29
  • I D: 5203631
  • Modified: 2024-10-07
  • Number Images: 1
  • Attribution Contact: 973-509-2222
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50 X 100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Sep 29, 2023
Sold by
Sahlman Jerome and Sahlman Anne R
Bought by
Liu Matt Yu and Jiang Sarah Yunhong
Seller's Agent
Gregg Nicholas
VILLAGE SQUARE REALTORS
Buyer's Agent
Fang Schreck
UNITED REAL ESTATE
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Total Days on Market
159
Views
613
Current Estimated Value
$699,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,963
Avg. Annual Appreciation
16.59%
Original Mortgage
$327,000
Outstanding Balance
$322,100
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$377,863

Purchase Details

Closed on
Aug 30, 2002
Sold by
Prowell Troy
Bought by
Sahlman Jerome and Walker Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.48%

Purchase Details

Closed on
May 18, 1994
Sold by
Shoor Amrit
Bought by
Prowell Troy and Prowell Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.29%
Mortgage Type
FHA

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
Liu Matt Yu $545,000 Title Authority
Sahlman Jerome $335,000 --
Prowell Troy $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Matt Yu $327,000
Previous Owner Sahlman Jerome $260,000
Previous Owner Sahlman Jerome $268,000
Previous Owner Prowell Troy $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $545,000 -5.2% --
08/16/2023 08/16/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $575,000 0.0% --
05/19/2023 05/19/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $575,000 -- --
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
2024 $13,922 $426,000 $111,800 $314,200
2022 $13,641 $426,000 $111,800 $314,200
2021 $13,389 $426,000 $111,800 $314,200
2020 $13,185 $426,000 $111,800 $314,200
2019 $12,815 $321,900 $110,200 $211,700
2018 $12,760 $321,900 $110,200 $211,700
2017 $12,567 $321,900 $110,200 $211,700
2016 $12,425 $321,900 $110,200 $211,700
2015 $12,313 $321,900 $110,200 $211,700
2014 $12,087 $321,900 $110,200 $211,700
Source: Public Records

Agents Affiliated with this Home

  • Gregg Nicholas

    Seller's Agent in 2023

    Gregg Nicholas

    VILLAGE SQUARE REALTORS

    (973) 509-2222

    2 in this area

    27 Total Sales

    Gregg Nicholas
    Section Image
  • Fang Schreck

    Buyer's Agent in 2023

    Fang Schreck

    UNITED REAL ESTATE

    (551) 580-4856

    1 in this area

    79 Total Sales

    Fang Schreck
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3832685

Garden State MLS

APN: 02-00332-0000-00102

New Jersey Essex County Bloomfield 07003 Silver Lake

29 Berkeley Place, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 29 Berkeley Place, Bloomfield, NJ 07003 since 10 March 2023 and is currently estimated at $699,963. This property was built in 1923. 29 Berkeley Place is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

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