NOT LISTED FOR SALE

361 Hoover Ave Unit 1st Fl. Bloomfield, NJ 07003

Broughton Avenue Neighborhood

Estimated Value: $682,731 - $935,000

2 Beds
1 Bath
2,205 Sq Ft
$341/Sq Ft Est. Value

About This Home

Completely renovated 1st floor, 2 bedroom 1 bath apartment in quiet residential street. Unit includes exclusive backyard and full basement usage with LG front load washer and dryer machines. Your new kitchen boasts quartz countertops, plenty of storage, and stainless steel appliances including refrigerator, dishwasher, microwave oven, and gas stove. Pets may be considered. Prime location just steps from downtown Bloomfield and Montclair, steps to NJ Transit buses, and approx. 1.3 miles to NJ Transit trains. Tenant responsible for 1 month broker fee and 1.5 month security due upon lease signing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Rothstein Russell
Bought by
Palacios Andrew
Current Estimated Value
$751,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Outstanding Balance
$605,203
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$146,230

Purchase Details

Closed on
Mar 31, 2022
Sold by
Marmaras and Katina
Bought by
Rothstein Russell

Purchase Details

Closed on
Apr 19, 2000
Sold by
Smith Philip
Bought by
Marmaras Hercoules and Marmaras Katina

Purchase Details

Closed on
Jul 29, 1996
Sold by
Walker Dennis T
Bought by
Smith Philip Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.37%

Purchase Details

Closed on
Jun 9, 1992
Sold by
Walker Dennis
Bought by
Walker Dennis J

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Palacios Andrew $660,000 Carnegie Title
Rothstein Russell $280,000 Town Title
Marmaras Hercoules $140,000 --
Marmaras Hercoules $140,000 --
Smith Philip Z $122,600 --
Walker Dennis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Andrew $621,000
Previous Owner Smith Philip Z $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Rented $2,450 +2.1% --
01/25/2024 01/25/24 For Rent $2,400 -- --

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 $14,507 $443,900 $151,900 $292,000
2022 $10,762 $336,100 $151,900 $184,200
2021 $12,827 $408,100 $151,900 $256,200
2020 $12,631 $408,100 $151,900 $256,200
2019 $10,693 $268,600 $136,000 $132,600
2018 $10,647 $268,600 $136,000 $132,600
2017 $10,486 $268,600 $136,000 $132,600
2016 $10,368 $268,600 $136,000 $132,600
2015 $10,274 $268,600 $136,000 $132,600
2014 $10,086 $268,600 $136,000 $132,600
Source: Public Records

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