NOT LISTED FOR SALE

38 Prospect St Bloomfield, NJ 07003

Estimated Value: $486,000 - $972,000

6 Beds
4 Baths
-- Sq Ft
3,206 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $660,000

Est. 13% increase in value since last sale

Current estimated payment $5,110/month

71 Days on Market

About This Home

As of August 2023

Welcome to this well-maintained three-family property located in the beautiful neighborhood of Bloomfield! Whether you're looking for a smart investment or a spacious multi-family property to be called home, this property has it all! The convenient location of this property is a commuter's dream, especially for those who work in New York City. The property offers easy access to public transportation, with bus stops just a short walk away. Commuting to NYC is a breeze, making it perfect for those seeking the perfect balance between suburban living and urban convenience. For nature enthusiasts, this property is also situated close to the lovely Watsessing park. Additionally, this property features a spacious two-car garage, providing ample storage space for vehicles, tools, or equipment. Envision the limitless possibilities this property has to offer!

Last Listed By

Fernanda Silva

New and Modern Group Listed on: 06/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,264

Year Built

  • 1919

Lot Details

  • 3,206

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,206 Sq Ft Lot

Community Details

  • Coin Laundry

Listing and Financial Details

  • Legal Lot and Block 00018 / 00125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,264

Year Built

1919

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Coin/Card
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: Park Ave to Prospect St
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1919

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: Storage, utility room and full bath

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 3206.0

Tax Info

  • Tax Annual Amount: 11264.0
  • Tax Block: 00125
  • Tax Lot: 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 10, 2023
Sold by
Pavan Antonio and Pavan Deborah
Bought by
Quesada Erik and Quasada Brian
Seller's Agent
Fernanda Silva
New and Modern Group
Buyer's Agent
Shawn McEnteer
EXP Realty, LLC
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%
Total Days on Market
71
Views
190
Current Estimated Value
$745,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,579
Avg. Annual Appreciation
7.44%
Original Mortgage
$590,700
Outstanding Balance
$580,382
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$165,197

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 4, 2017
Sold by
Wolsten Doron and Leichaman Beth
Bought by
Pavan Antonio and Forman Deborah
Buyer's Agent
TRACY NIX
PROMINENT PROPERTIES SIR
List Price
$469,000
Sold Price
$462,500
Premium/Discount to List
-$6,500
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jun 29, 2015
Sold by
38 Prospect Associat
Bought by
Wolsten Doron and Wolsten Leichman,Beth
Seller's Agent
IZABELLA NAKHIMOVICH
KELLER WILLIAMS TEAM REALTY
Sold Price
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.57%
Original Mortgage
$152,250
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2014
Sold by
Sheriff Armando Fontoura
Bought by
38 Prospect Associates Llc

Purchase Details

Closed on
Jul 10, 2005
Sold by
Brodsky John
Bought by
Exume Dieufrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,176
Interest Rate
5.68%

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
Quesada Erik $660,000 First American Title
Pavan Antonio $462,500 --
Wolsten Doron $203,000 --
38 Prospect Associates Llc $154,000 --
38 Prospect Assoc.Llc $154,000 --
Exume Dieufrance $410,220 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quesada Erik $590,700
Previous Owner Pavan Antonio $339,650
Previous Owner Wolsten Doron $152,250
Previous Owner Exume Dieufrance $465,377
Previous Owner Exume Dieufrance $436,500
Previous Owner Exume Dieufrance $380,000
Previous Owner Exume Dieufrance $328,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $660,000 +10.2% --
08/15/2023 08/15/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $599,000 0.0% --
07/25/2023 07/25/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $599,000 0.0% --
06/22/2023 06/22/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $599,000 +29.5% --
08/04/2017 08/04/17 Sold $462,500 -1.4% --
06/28/2017 06/28/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $469,000 +131.0% --
07/07/2015 07/07/15 Sold $203,000 -- --
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 $11,713 $358,400 $51,200 $307,200
2023 $11,476 $358,400 $51,200 $307,200
2022 $11,476 $358,400 $51,200 $307,200
2021 $11,265 $358,400 $51,200 $307,200
2020 $11,092 $358,400 $51,200 $307,200
2019 $11,796 $296,300 $51,300 $245,000
2018 $11,745 $296,300 $51,300 $245,000
2017 $11,568 $296,300 $51,300 $245,000
2016 $9,777 $253,300 $51,300 $202,000
2015 $12,129 $317,100 $51,300 $265,800
2014 $11,907 $317,100 $51,300 $265,800
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 23017057

New Jersey MLS

APN: 02-00125-0000-00018