NOT LISTED FOR SALE

406 Berkeley Ave Bloomfield, NJ 07003

Estimated Value: $529,000 - $719,000

-- Bed
-- Bath
2,008 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 406 Berkeley Ave, Bloomfield, NJ 07003 and is currently estimated at $649,488, approximately $323 per square foot. 406 Berkeley Ave is a home located in Essex County with nearby schools including Fairview School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2025
Sold by
Valencia Alexza Lugo and Valencia Addison
Bought by
Valencia Addison and Lugo-Valencia Alexza
Current Estimated Value
$649,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,521
Outstanding Balance
$264,579
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$384,909

Purchase Details

Closed on
Jun 17, 2021
Sold by
Kutukyan Alen
Bought by
Budreau Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2000
Sold by
Shattuck James
Bought by
Valencia Addison and Valencia Lilila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,750
Interest Rate
8%
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
Valencia Addison -- Clearedge Title
Budreau Charlene $475,000 Furst Joel
-- -- --
Valencia Addison $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Addison $265,521
Previous Owner Budreau Charlene $380,000
Previous Owner A & V Investments Group Llc $85,000
Previous Owner Valencia Addison $200,000
Previous Owner Valencia Addison $290,000
Previous Owner Valencia Addison $210,000
Previous Owner Valencia Addison $151,750
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
2025 $14,003 $428,500 $122,600 $305,900
2024 $14,003 $428,500 $122,600 $305,900
2022 $13,721 $428,500 $122,600 $305,900
2021 $13,468 $428,500 $122,600 $305,900
2020 $13,262 $428,500 $122,600 $305,900
2019 $12,799 $321,500 $119,000 $202,500
2018 $12,744 $321,500 $119,000 $202,500
2017 $12,551 $321,500 $119,000 $202,500
2016 $12,410 $321,500 $119,000 $202,500
2015 $12,297 $321,500 $119,000 $202,500
2014 $13,011 $346,500 $144,000 $202,500
Source: Public Records

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