NOT LISTED FOR SALE

5 Salter Place Bloomfield, NJ 07003

Estimated Value: $661,000 - $696,000

5 Beds
4 Baths
2,456 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $540,000 $220 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,711/month

About This Home

As of January 2023

Great investment opportunity and convenient location- 4 unit multi family building, all separate utilities, 3-one bedroom railroad style apartments. 1-two bedroom apartment with walk in closet( 2nd & 3rd floor. All units updated in past 8 years. DeCamp bus and NJ transit local lines at corner, Manhattan Direct train and Newark Light rail to Penn Station, just a few blocks away. Convenient to local shopping, parks, delicious dining and major NJ highways and public transportation Agent Remarks: Sold AS IS.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 17, 2023
Sold by
Mohamed Kalam and Mohamed Roshenara
Bought by
5 Salter Pi Llc
Seller's Agent
Barbara P. Hughes
Brown Harris Stevens New Jersey
Buyer's Agent
Barbara P. Hughes
Brown Harris Stevens New Jersey
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
13
Current Estimated Value
$678,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,174
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Apr 30, 2014
Closed on
Apr 25, 2014
Sold by
Petullo Gerry and Petullo Wendy
Bought by
Mohamed Kalam and Mohamed Roshenara
Seller's Agent
GERRY PETULLO JR.
CENTURY 21 THE CROSSING
Buyer's Agent
Nelson Colon
RE/MAX PROFESSIONALS I
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$251,250
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Braschi Maria
Bought by
Petullo Gerry and Petullo Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.01%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Ddr Realty
Bought by
Braschi Maria and Braschi Nedida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
5 Salter Pi Llc $540,000 --
Mohamed Kalam -- None Available
Petullo Gerry $328,000 --
Braschi Maria $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohamed Kalam $251,250
Previous Owner Petullo Gerry $295,200
Previous Owner Braschi Maria $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $540,000 -1.8% --
09/23/2022 09/23/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $550,000 +64.2% --
04/30/2014 04/30/14 Sold $335,000 -- --

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 $13,565 $415,100 $121,900 $293,200
2024 $13,565 $415,100 $121,900 $293,200
2022 $13,292 $415,100 $121,900 $293,200
2021 $13,047 $415,100 $121,900 $293,200
2020 $12,847 $415,100 $121,900 $293,200
2019 $11,601 $291,400 $118,000 $173,400
2018 $11,551 $291,400 $118,000 $173,400
2017 $11,376 $291,400 $118,000 $173,400
2016 $11,248 $291,400 $118,000 $173,400
2015 $11,146 $291,400 $118,000 $173,400
2014 $10,942 $291,400 $118,000 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Barbara P. Hughes

    Seller's Agent in 2023

    Barbara P. Hughes

    Brown Harris Stevens New Jersey

    (973) 509-2222

    5 in this area

    45 Total Sales

    Barbara P. Hughes
    Section Image

  • G

    Seller's Agent in 2014

    GERRY PETULLO JR.

    CENTURY 21 THE CROSSING

  • N

    Buyer's Agent in 2014

    Nelson Colon

    RE/MAX

    (973) 450-4000

    1 in this area

    5 Total Sales

    Nelson Colon
    Section Image
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Map

New Jersey Essex County Bloomfield 07003

5 Salter Place, Bloomfield, NJ

This home is located at 5 Salter Place, Bloomfield, NJ 07003 and is currently estimated at $678,174, approximately $276 per square foot. 5 Salter Place is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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