NOT LISTED FOR SALE

318 Watchung Ave Bloomfield, NJ 07003

Estimated Value: $539,000 - $586,000

3 Beds
1 Bath
-- Sq Ft
4,996 Sq Ft Lot

Last Sold August 11, 2022

Last sale price $410,000

Est. 37% increase in value since last sale

Current estimated payment $4,028/month

34 Days on Market

Highlights

  • Central Air
  • Rectangular Lot
  • 1-minute walk to Brookdale Park

About This Home

As of August 2022

Welcome home! This classic colonial has been lovingly maintained by the same family for nearly 40 years! The first floor features a light and bright living room with a wood burning fireplace as well as a formal dining room with gleaming hardwood floors. Just steps from the dining room is the kitchen which has access to the back yard. The second floor has three bedrooms and a full bathroom. This home also has a one car garage, central air and a partially finished basement. Located in the desirable Demarest schools district, major highways, shops, Brookdale Park and restaurants are all located near by! This home has great bones and is looking for a new owner to make it their own!

Last Agent to Sell the Property

Amanda Corry

Compass New Jersey, LLC-Montclair Listed on: 06/08/2022

Compass New Jersey, LLC-Montclair

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,245

Lot Details

  • 4,996 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Demarest Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00027 / 00963

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,245

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 226-1717
  • Outside Inclusions: refrigerator, range/oven-gas
  • MLS Status: Sold - Sold
  • Directions: Between Bell St. and Wagner St.
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Den, laundry room, utility room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: washer/dryer
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Demarest E.S.
  • High School: Bloomfield H.S.
  • Middle Or Junior School: Bloomfield M.S.
  • Elementary: Demarest E.S.

Lot Info

  • Lot Size Sq Ft: 4996.0

Tax Info

  • Tax Annual Amount: 10245.0
  • Tax Block: 00963
  • Tax Lot: 00027

MLS Schools

  • High School Text: Bloomfield H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 9, 2022
Sold by
Guarneri Vito J and Guarneri Veronica M
Bought by
Andrade Jacqueline
Seller's Agent
Amanda Corry
Compass New Jersey, LLC-Montclair
Buyer's Agent
Outside Agent
Outside Office
List Price
$379,900
Sold Price
$410,000
Premium/Discount to List
$30,100
7.92%
Current Estimated Value
$561,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,938
Avg. Annual Appreciation
11.48%
Original Mortgage
$402,573
Outstanding Balance
$386,886
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$175,052
Source: Public Records

Range of Values:

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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
Andrade Jacqueline $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Jacqueline $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $410,000 +7.9% --
07/12/2022 07/12/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $379,900 -- --
Source: New Jersey 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 $11,082 $339,100 $142,700 $196,400
2022 $10,858 $339,100 $142,700 $196,400
2021 $10,408 $339,100 $142,700 $196,400
2020 $10,245 $339,100 $142,700 $196,400
2019 $10,379 $267,000 $141,000 $126,000
2018 $10,334 $267,000 $141,000 $126,000
2017 $10,174 $267,000 $141,000 $126,000
2016 $10,056 $267,000 $141,000 $126,000
2015 $9,963 $267,000 $141,000 $126,000
2014 $9,776 $267,000 $141,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22021020

New Jersey MLS

APN: 02-00963-0000-00027