NOT LISTED FOR SALE

408 Berkeley Ave Bloomfield, NJ 07003

Estimated Value: $692,323 - $854,000

6 Beds
3 Baths
-- Sq Ft
36 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $635,000

Est. 26% increase in value since last sale

Current estimated payment $5,428/month

19 Days on Market

About This Home

As of December 2021

This home is located at 408 Berkeley Ave, Bloomfield, NJ 07003 since 15 November 2021 and is currently estimated at $798,331. This property was built in 1927. 408 Berkeley Ave is a home located in Essex County with nearby schools including Fairview School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Carmen Jimenez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 11/15/2021

RE/MAX PROFESSIONALS I

Last Buyer's Agent

KIRK COLON

RE/MAX PROFESSIONALS I

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,650

Year Built

  • Built in 1927

Lot Details

  • 36 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,650

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • I D: 5115862
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 36 X 206
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 29, 2021
Sold by
Cooper-Shepard Iris and Shepard Roderick
Bought by
Kanotra Ankur
Seller's Agent
Carmen Jimenez
RE/MAX PROFESSIONALS I
Buyer's Agent
KIRK COLON
RE/MAX PROFESSIONALS I
List Price
$599,900
Sold Price
$635,000
Premium/Discount to List
$35,100
5.85%
Current Estimated Value
$798,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,331
Avg. Annual Appreciation
6.08%
Original Mortgage
$613,806
Outstanding Balance
$565,699
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$232,632

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 14, 2019
Sold by
Franciscovich Monica and Russmann Walter J
Bought by
Cooper-Shepard Iris and Shepard Roderick
Seller's Agent
Frank Brigida
UNITED REAL ESTATE
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Dec 13, 2006
Sold by
Franciscovich Miguel
Bought by
Franciscovich Michael and Franciscovich Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Kanotra Ankur $635,000 Fidelity National Title
Cooper-Shepard Iris $490,000 Sunnyside Title
Franciscovich Michael $496,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanotra Ankur $613,806
Previous Owner Franciscovich Michael $347,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $635,000 +5.9% --
12/04/2021 12/04/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $599,900 +22.4% --
03/15/2019 03/15/19 Sold $490,000 -2.0% -- View Prior Sale
02/15/2019 02/15/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $499,900 -- --
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 $14,650 $448,300 $114,600 $333,700
2024 $14,650 $448,300 $114,600 $333,700
2022 $14,355 $448,300 $114,600 $333,700
2021 $14,090 $448,300 $114,600 $333,700
2020 $13,875 $448,300 $114,600 $333,700
2019 $11,720 $294,400 $112,000 $182,400
2018 $11,670 $294,400 $112,000 $182,400
2017 $11,493 $294,400 $112,000 $182,400
2016 $11,364 $294,400 $112,000 $182,400
2015 $11,261 $294,400 $112,000 $182,400
2014 $11,993 $319,400 $137,000 $182,400
Source: Public Records

Agents Affiliated with this Home

  • Carmen Jimenez

    Seller's Agent in 2021

    Carmen Jimenez

    RE/MAX

    (201) 919-2878

    15 in this area

    106 Total Sales

    Carmen Jimenez
    Section Image

  • K

    Buyer's Agent in 2021

    KIRK COLON

    RE/MAX

  • F

    Seller's Agent in 2019

    Frank Brigida

    UNITED REAL ESTATE

    (973) 767-7124

    21 Total Sales

    Frank Brigida
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    TAHER JITAN

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3751986

Garden State MLS

APN: 02-00453-0000-00022

New Jersey Essex County Bloomfield 07003

408 Berkeley Ave, Bloomfield, NJ

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