NOT LISTED FOR SALE

401 Franklin St Bloomfield, NJ 07003

Estimated Value: $1,153,027

1 Bed
2 Baths
2,860 Sq Ft
$403/Sq Ft Est. Value

About This Home

This home is located at 401 Franklin St, Bloomfield, NJ 07003 and is currently estimated at $1,153,027, approximately $403 per square foot. 401 Franklin St is a home located in Essex County with nearby schools including Fairview Elementary School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Varma Amrita Singh
Bought by
401 Franklin Street Llc
Current Estimated Value
$1,153,027

Purchase Details

Closed on
Apr 4, 1997
Sold by
Chanin Richard
Bought by
Varma Kanwal and Varma Amrita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
7.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
401 Franklin Street Llc -- None Available
Varma Kanwal $282,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varma Kanwal $254,000
Source: Public Records

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 $19,584 $566,500 $350,600 $215,900
2022 $19,210 $566,500 $350,600 $215,900
2021 $18,864 $566,500 $350,600 $215,900
2020 $18,615 $566,500 $350,600 $215,900
2019 $19,772 $468,200 $250,500 $217,700
2018 $19,664 $468,200 $250,500 $217,700
2017 $19,360 $468,200 $250,500 $217,700
2016 $19,149 $468,200 $250,500 $217,700
2015 $19,009 $468,200 $250,500 $217,700
2014 $18,583 $468,200 $250,500 $217,700
Source: Public Records

Map

New Jersey Essex County Bloomfield 07003

401 Franklin St, Bloomfield, NJ

This home is located at 401 Franklin St, Bloomfield, NJ 07003 and is currently estimated at $1,153,027, approximately $403 per square foot. 401 Franklin St is a home located in Essex County with nearby schools including Fairview Elementary School, Bloomfield Middle School, and Bloomfield High School.

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