NOT LISTED FOR SALE

5 Bay Ave Bloomfield, NJ 07003

Estimated Value: $560,977 - $684,000

1 Bed
2 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold October 04, 2014

Last sale price $299,000

Est. 116% increase in value since last sale

Current estimated payment $4,416/month

About This Home

As of February 2024

Discover this charming 1-bedroom apartment in the heart of Bloomfield, ideally situated close to the park and a bus stop. This cozy home features modern amenities, including a stylish kitchen with brand new appliances. Enjoy the convenience of two driveway parking spots, a finished basement for extra space, and an in-unit washer and dryer. The bonus room is perfect for a home office or additional space for entertaining. With ample storage and contemporary finishes, this apartment offers comfortable living. Don't miss the chance to call this Bloomfield gem home!

Last Agent to Rent the Property

Andres Ospina

Real Listed on: 01/10/2024

Real

Co-Listed By

Victoria Lombardo

Real

Last Renter's Agent

Craig Sanphy

Keller Williams Realty Westfield

Keller Williams Realty Westfield

Home Details

Home Type

  • Single Family

Year Built

  • 1921

Lot Details

  • 4,748

Parking

  • 2 Open Parking Spaces

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Washer and Dryer
  • Laundry in Basement

Home Details

Home Type

Single Family

Year Built

1921

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: In Basement
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer, Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 939-0050
  • MLS Status: Leased - Leased
  • Directions: between Hoover Ave and Chapman Street
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Gas
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2017
Sold by
Fontinelli David
Bought by
5 Bay Ave Llc
Current Estimated Value
$645,994

Purchase Details

Listed on
Oct 4, 2014
Closed on
Sep 23, 2014
Sold by
5 Bay Associates Llc
Bought by
Fontinelli David
Seller's Agent
IZABELLA NAKHIMOVICH
KELLER WILLIAMS TEAM REALTY
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Sherriff Armando Fontoura
Bought by
5 Bay Associates Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Maldonado Gabriel
Bought by
Martinez Marisol and Martinez Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,415
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2002
Sold by
Fano Thomas
Bought by
Maldonado Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1997
Sold by
Heuer Todd
Bought by
Fano Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records
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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
5 Bay Ave Llc -- --
Fontinelli David $280,000 --
Fontinelli David $280,000 --
5 Bay Associates Llc $124,300 --
Martinez Marisol $480,000 --
Maldonado Gabriel $270,000 --
Fano Thomas $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Marisol $471,415
Previous Owner Maldonado Gabriel $265,828
Previous Owner Fano Thomas $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2024 02/14/24 Rented $2,150 -6.5% --
01/15/2024 01/15/24 Under Contract -- -- --
01/10/2024 01/10/24 For Rent $2,300 0.0% --
10/04/2014 10/04/14 Sold $299,000 -- -- View Prior Sale
Source: New Jersey 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 $12,863 $393,600 $122,700 $270,900
2024 $12,863 $393,600 $122,700 $270,900
2022 $12,603 $393,600 $122,700 $270,900
2021 $12,371 $393,600 $122,700 $270,900
2020 $12,182 $393,600 $122,700 $270,900
2019 $10,502 $279,800 $116,000 $163,800
2018 $10,457 $279,800 $116,000 $163,800
2017 $10,299 $279,800 $116,000 $163,800
2016 $10,183 $279,800 $116,000 $163,800
2015 $10,090 $279,800 $116,000 $163,800
2014 $10,082 $258,500 $116,000 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24001015

New Jersey MLS

APN: 02-00812-0000-00026