NOT LISTED FOR SALE

40 Merkel Dr Bloomfield, NJ 07003

Estimated Value: $597,000 - $728,000

4 Beds
2 Baths
-- Sq Ft
51 Sq Ft Lot

Last Sold June 08, 2020

Last sale price $375,000

Est. 74% increase in value since last sale

Current estimated payment $4,462/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Brookdale School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2020

COMPLETELY RENOVATED SINGLE FAMILY CAPE COD STYLE HOME CONTAINING 7 ROOMS, 4 BEDROOMS , 2 BATHS, HAS A FULL FINISHED BASEMENT, AND SITS ON A NICE SIZED LOT. FF BSMT AND LARGE SHED, FENCED IN YARD ALL BRAND NEW KITCHEN WITH STAINLESS APPLIANCES AND GRANITE COUNTER TOPS. IT IS LOCATED IN SUBURBAN BLOOMFIELD IN THE DESIRABLE BROOKDALE SECTION, CLOSE TO PUBLIC TRANSPORTATION, HIGHWAYS, SCHOOLS AND SHOPPING.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Listed on: 03/19/2020

Last Buyer's Agent

BRITTANY EVERING

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,837

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 51 Sq Ft Lot
  • Privacy Fence

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Brookdale Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1602-01331-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,837

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Renovated Year: 2020
  • Street Number Display: 40
  • Directions: BROAD ST TO MERKEL DRIVE
  • I D: 4972553
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: RALPH
  • First Name3: BRITTANY
  • Last Name: BARONE
  • Last Name3: EVERING
  • Office Phone: 973-429-0990
  • Office Phone3: 973-778-4500
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Family Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room1 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 973-429-0990

Exterior Features

  • Exterior Description: Aluminum Siding, Vinyl Siding
  • Exterior Features: Deck, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BROOKDALE
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 51 X 100
  • Assessed Improvement Value: 121100
  • Assessed Land Value: 126000
  • Assessment: 247100
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9837
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-01331-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.981
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: BROOKDALE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 24, 2020
Sold by
Reo Acquisition I Llc
Bought by
Montero Sean and Montero Sherri
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
BRITTANY EVERING
COLDWELL BANKER REALTY
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Current Estimated Value
$651,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,319
Avg. Annual Appreciation
10.89%
Original Mortgage
$383,625
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 22, 2020
Sold by
Willmington Savings Fund Society Fsb
Bought by
Reo Acquisition Llc
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
BRITTANY EVERING
COLDWELL BANKER REALTY
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,625
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
May 16, 2005

Purchase Details

Closed on
Jun 12, 2000
Sold by
Modica Wanda
Bought by
Modica Santo and Modica Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Average Value
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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
Montero Sean $375,000 Servicelink Title Company
Reo Acquisition Llc -- Servicelink
Wilmington Svgs Fund Soc -- --
-- $100 --
Modica Santo $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montero Sean $383,625
Previous Owner Modica Santo $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $375,000 -1.1% --
04/08/2020 04/08/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $379,000 -- --
Source: Garden State 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
2025 $11,940 $373,000 $152,700 $220,300
2024 $11,940 $373,000 $152,700 $220,300
2022 $11,693 $373,000 $152,700 $220,300
2021 $12,119 $385,600 $152,700 $232,900
2020 $11,934 $385,600 $152,700 $232,900
2019 $9,837 $247,100 $126,000 $121,100
2018 $9,795 $247,100 $126,000 $121,100
2017 $9,647 $247,100 $126,000 $121,100
2016 $9,538 $247,100 $126,000 $121,100
2015 $9,452 $247,100 $126,000 $121,100
2014 $9,279 $247,100 $126,000 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3625016

Garden State MLS

APN: 02-01331-0000-00011