NOT LISTED FOR SALE

387 E Passaic Ave Bloomfield, NJ 07003

Nutley Neighborhood

Estimated Value: $583,000 - $684,000

4 Beds
3 Baths
1,296 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $650,000 $502 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,374/month

About This Home

As of April 2024

This 4bedroom 2.5 bathroom house for rent has recently undergone a complete renovation, with fresh paint and new hardwood flooring throughout, and a master bedroom ensuite with a walk in closet. The kitchen has been updated with new stainless steel appliances and a center island for added workspace. The windows have been replaced with new ones, and the bathrooms have been updated as well. The house is filled with natural light, creating a bright and welcoming atmosphere in every corner. Additionally, the house features a new in-unit washer and dryer for convenience. The full finished basement offers additional living space and has garage access for added convenience. Overall, this house is move-in ready and offers modern amenities in a newly updated space.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Mar 25, 2024
Sold by
Arevalo Jorge
Bought by
Qiu Jianhong
Seller's Agent
Su Zheng
EXP Realty, LLC - Englewood Cliffs
Buyer's Agent
Su Zheng
EXP Realty, LLC - Englewood Cliffs
Views
2
Current Estimated Value
$641,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.12%
Original Mortgage
$350,000
Outstanding Balance
$346,697
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$295,154

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 23, 2023
Sold by
Brenneman Lois E
Bought by
Arevalo Jorge
Seller's Agent
LORRAINE DEBLIS
LATORRACA REALTORS
Buyer's Agent
Theresa Venezia
PROMINENT PROPERTIES SIR
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.52%

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
Qiu Jianhong $650,000 Evergreen Land Title
Arevalo Jorge $375,000 Sovereign Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiu Jianhong $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Rented $3,750 0.0% --
04/15/2024 04/15/24 For Rent $3,750 0.0% --
04/03/2024 04/03/24 Sold $650,000 +4.8% --
02/15/2024 02/15/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $620,000 -4.6% --
02/06/2024 02/06/24 Off Market $650,000 -- --
02/06/2024 02/06/24 For Sale $620,000 0.0% --
01/19/2024 01/19/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $620,000 +67.6% --
09/12/2023 09/12/23 Sold $370,000 -1.3% --
06/14/2023 06/14/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $375,000 -- --

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 $9,779 $306,900 $126,100 $180,800
2022 $9,577 $306,900 $126,100 $180,800
2021 $9,396 $306,900 $126,100 $180,800
2020 $9,249 $306,900 $126,100 $180,800
2019 $9,237 $238,300 $109,000 $129,300
2018 $9,196 $238,300 $109,000 $129,300
2017 $9,053 $238,300 $109,000 $129,300
2016 $8,948 $238,300 $109,000 $129,300
2015 $8,865 $238,300 $109,000 $129,300
2014 $8,698 $238,300 $109,000 $129,300
Source: Public Records

Agents Affiliated with this Home

  • Theresa Venezia

    Seller's Agent in 2024

    Theresa Venezia

    PROMINENT PROPERTIES SIR

    (201) 513-6026

    6 in this area

    80 Total Sales

    Theresa Venezia
    Section Image
  • Su Zheng

    Seller's Agent in 2024

    Su Zheng

    EXP Realty, LLC - Englewood Cliffs

    (201) 661-0369

    1 in this area

    55 Total Sales

    Su Zheng
    Section Image

  • L

    Seller's Agent in 2023

    LORRAINE DEBLIS

    LATORRACA REALTORS

See All Agents

Map

New Jersey Essex County Bloomfield 07003 Nutley

387 E Passaic Ave, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 387 E Passaic Ave, Bloomfield, NJ 07003 and is currently estimated at $641,851, approximately $495 per square foot. 387 E Passaic Ave is a home located in Essex County with nearby schools including Demarest School, Bloomfield Middle School, and Bloomfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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