NOT LISTED FOR SALE

37 Prospect St Bloomfield, NJ 07003

Estimated Value: $548,772 - $753,000

7 Beds
3 Baths
-- Sq Ft
3,297 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $605,000

Est. 2% increase in value since last sale

Current estimated payment $4,318/month

14 Days on Market

About This Home

As of September 2023

Welcome to this money maker located minutes from Watsessing Ave Train Station. Two Family gut renovated in 2022 each unit features 3 bedrooms and 1 full bath PLUS a BONUS space on the 3rd floor with another bedroom and full bathroom. Kitchens display solid wood cabinets, granite counters and stainless appliances. NEW ROOF, NEW ELECTRIC, NEW PLUMBING come tour and don't miss this opportunity.

Last Listed By

Joseph Scotto

Century 21 Cedarcrest Realty, Inc. Listed on: 07/03/2023

Century 21 Cedarcrest Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,219

Year Built

  • 1931

Lot Details

  • 3,297

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,297 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00131 / 00126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,219

Year Built

1931

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-228-1050
  • MLS Status: Sold - Sold
  • Directions: Glenwood Ave to Prospect Street or JFK Drive to Willow to Prospect Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3297.0

Tax Info

  • Tax Annual Amount: 9219.0
  • Tax Block: 00126
  • Tax Lot: 00131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Sep 13, 2023
Sold by
Janiec Christopher and Janiec Yessenia
Bought by
Gonzalez Luvia Victoria
Seller's Agent
Joseph Scotto
Century 21 Cedarcrest Realty, Inc.
Buyer's Agent
Esther Guerra
Dias & Associates
List Price
$549,900
Sold Price
$605,000
Premium/Discount to List
$55,100
10.02%
Total Days on Market
14
Views
200
Current Estimated Value
$617,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,443
Avg. Annual Appreciation
1.26%
Original Mortgage
$451,875
Outstanding Balance
$444,399
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$173,044

Purchase Details

Closed on
Jun 25, 1993
Sold by
Gatto Louis
Bought by
Gatto James

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
Gonzalez Luvia Victoria $602,500 Evident Title
Gatto James $130,000 --
Gatto James V Est $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Luvia Victoria $451,875
Previous Owner Janiec Christopher $460,399
Previous Owner Gatto James $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $605,000 +10.0% --
07/17/2023 07/17/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $549,900 -- --
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 $10,539 $322,500 $43,700 $278,800
2023 $9,219 $287,900 $43,700 $244,200
2022 $9,219 $287,900 $43,700 $244,200
2021 $9,049 $287,900 $43,700 $244,200
2020 $8,911 $287,900 $43,700 $244,200
2019 $10,502 $263,800 $49,500 $214,300
2018 $10,457 $263,800 $49,500 $214,300
2017 $10,299 $263,800 $49,500 $214,300
2016 $10,183 $263,800 $49,500 $214,300
2015 $10,090 $263,800 $49,500 $214,300
2014 $9,906 $263,800 $49,500 $214,300
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 23020410

New Jersey MLS

APN: 02-00126-0000-00131