$540,000
SOLD JAN 17, 2023

5 Salter Place Bloomfield, NJ 07003

5 Beds
4 Baths
-- Sq Ft
3,624 Sq Ft Lot

Recently Sold

2% Below List Price

17 Days on Market

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.

Last Agent to Sell the Property

Barbara P. Hughes

Brown Harris Stevens New Jersey Listed on: 09/06/2022

Brown Harris Stevens New Jersey

Last Buyer's Agent

Barbara P. Hughes

Brown Harris Stevens New Jersey Listed on: 09/06/2022

Brown Harris Stevens New Jersey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,046

Lot Details

  • 3,624 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 00425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,046

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-509-2222
  • MLS Status: Sold - Sold
  • Directions: Slater Pl between Franklin St and NEwark Avenue
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Remarks: UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3624.0

Tax Info

  • Tax Annual Amount: 13046.0
  • Tax Block: 00425
  • Tax Lot: 00011

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
$650,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,943
Avg. Annual Appreciation
7.76%

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

Similar Homes in the area

  • 62 Naples Ave, Belleville, NJ 07109

    $499,000

    • 3 Beds
    • 2 Baths
    • 62 Naples Ave
    • Belleville, NJ

    Investment Opportunity or Ideal for Owner-Occupants! This property features two fully renovated units, both move-in ready.1st Floor Unit includes 2 bedrooms, living room, and a spacious eat-in kitchen, Full bathroom and an extra room perfect for storage or a pantry. 2nd Floor Unit features: Large eat-in kitchen leading to the living room, Huge front bedroom that could easily be converted into

    KELLY BURASZESKI CENTURY 21 THE CROSSING

    Section Image
  • 116 Berkeley Ave, Bloomfield, NJ 07003

    $650,000

    • 6 Beds
    • 2.5 Baths
    • 116 Berkeley Ave
    • Bloomfield, NJ

    Welcome to this spacious and versatile two-family home in the heart of Bloomfield! This well-maintained property offers exceptional living space across three floors. Each of the two main units features three bedrooms, one full bathroom, a bright living room, a formal dining area, and a well-appointed kitchen. The third floor provides two additional bonus rooms, ideal for guests, a home office, or

    Danielle Coletta KELLER WILLIAMS - NJ METRO GROUP

    Section Image
  • 61 Heckel St, Belleville, NJ 07109

    $599,000

    • 4 Beds
    • 3 Baths
    • 61 Heckel St
    • Belleville, NJ

    Discover an unparalleled investment opportunity within this meticulously maintained, three-unit apartment building. Each residence within this distinguished property offers an expansive layout, designed to captivate discerning tenants and provide an exceptional living experience. A crowning jewel, one unit boasts a generous eat in kitchen, two generous bedrooms, and an invaluable lounge/sitting

    Angela Zorro-Juarez LIFESTYLE INTERNATIONAL REALTY

    Section Image
  • 41 Heckel St, Belleville, NJ 07109

    $599,000

    • 3 Beds
    • 3 Baths
    • 41 Heckel St
    • Belleville, NJ

    Prime Investment Opportunity in Downtown Belleville! Looking to grow your real estate portfolio? This cash-flowing triplex plus rented garage in the heart of downtown Belleville is your next smart move! Three residential units + garage income One unit currently vacant a€” potential rent between $1,650a€“$1,700/month Other units are rented for $1,750, $1,614.60, and $500 (garage) Professionally

    Adam Sanders

    Section Image
  • 33 Elmwood Ave, Bloomfield, NJ 07003

    $549,900

    • 4 Beds
    • 2 Baths
    • 33 Elmwood Ave
    • Bloomfield, NJ

    Charming Two-Family Home Discover this fantastic investment opportunity or owner-occupied two-family home in the heart of Bloomfield. Featuring four bedrooms and two full bathrooms, this well-maintained property offers spacious living in a prime location. Each unit boasts comfortable layouts, ample natural light, and hardwood floors.A detached two-car garage and driveway provide convenient

    Nicholas Verdi KELLER WILLIAMS CITY VIEWS REALTY

    Section Image
  • 241 N 16th St, Bloomfield, NJ 07003

    $649,900

    • 5 Beds
    • 3 Baths
    • 241 N 16th St
    • Bloomfield, NJ

    Welcome home to this beautifully updated two-family home in Bloomfield! Each spacious unit features a renovated kitchen and bathroom, along with both a living room and a dining room, giving you the flexibility to reconfigure the layout, whether that means adding an extra bedroom, home office, or guest space. The home also includes a fully finished walk-out basement, perfect for extended living or

    Julian Velasquez RE/MAX PROFESSIONALS I

    Section Image
  • 191 N 16th St, Bloomfield, NJ 07003

    $610,000

    • 3 Beds
    • 2.5 Baths
    • 191 N 16th St
    • Bloomfield, NJ

    Excellent Investment Opportunity Renovated Two-Family Home! Don't miss this well-maintained and move-in-ready two-family home, ideal for investors or owner-occupants. First Floor Unit: Offers a comfortable layout with a living room, dining room, renovated kitchen, one bedroom, and a full bathroom. Second Floor Unit: Features a spacious living room, dining area, updated kitchen, two bedrooms, and

    Carmen Jimenez RE/MAX PROFESSIONALS I

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $540,000 --
Exchange Deed -- None Available
Deed $328,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $251,250 New Conventional
Previous Owner $295,200 No Value Available
Previous Owner $134,000 FHA
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 -- --
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22032834

New Jersey MLS

APN: 02-00425-0000-00011