NOT LISTED FOR SALE

50 E Passaic Ave Bloomfield, NJ 07003

Estimated Value: $658,280 - $786,000

6 Beds
3 Baths
-- Sq Ft
3,311 Sq Ft Lot

Last Sold February 09, 2023

Last sale price $640,000

Est. 17% increase in value since last sale

Current estimated payment $5,044/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Dining Room
  • Baseboard Heating
  • Living Room

About This Home

As of February 2023

Buy into one of Manhattan’s growing suburbs with this newly renovated 2-family home in Bloomfield. Each three-bedroom floorplan offers updated living, large bay windows, a big backyard and spaciousness synonymous with suburban living. The downstairs unit hosts a kitchen and dining area, three bedrooms and one bathroom upstairs, with a full floor living room in the basement below. Step off the back onto your own private wood deck perfect for entertaining with direct access to the large backyard space. Upstairs unit offers an open floorplan with eat-in kitchen and living, two bedrooms and one bath on the first floor, plus a full floor primary ensuite upstairs. Each unit is timelessly designed with white oak wide plank hardwood floors, gorgeous gray trim on windows and baseboards, plus modern updated lighting and style throughout. Kitchens feature white quartz counters, loads of storage in custom shaker cabinets, stainless appliances, and a carefully curated retro style Galanz refrigerator giving a throwback to the neighborhood’s beginnings. Bathrooms shine with sparkling mosaic tile, spacious vanities and natural light. The oversized suburban backyards lure urban buyers with valuable larger lots expected in Essex County. Both units showcase a quintessential front porch or upstairs private balcony to soak up the suburban crossroads and watch the world go by. Bloomfield is located just 18 miles west of Midtown Manhattan, with direct access via train or car to NYC and surrounding areas. A bustling downtown shopping district, recently converted Lion Gate Park featuring sports facilities and wetlands, excellent schools and tight-knit community are just some of the reasons buyers are flocking to this area.

Last Agent to Sell the Property

Megan Gulick

CORCORAN SAWYER SMITH License #1431795 Listed on: 12/29/2022

CORCORAN SAWYER SMITH

Co-Listed By

Arpita Mendez

CORCORAN SAWYER SMITH License #1973176

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,558

Lot Details

  • 3,311

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: seller's and stager's personal property
  • Assessor Parcel Number 5655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,558

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Exclusions: seller's and stager's personal property
  • Inclusions: appliances & fixtures
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 5655
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 6
  • Total Other Rooms: 2
  • Basement: Unfinished
  • Total Dining Rooms: 1
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 2
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Third Floor Bedrooms: 1
  • Floor 3 Full Bathrooms: 1
  • Fl1 Rooms: 6
  • Fl2 Rooms: 4
  • Fl3 Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: A/C Window, Baseboard

Lot Info

  • Geo Address Line: 50 E Passaic Ave
  • Geo Primary City: Bloomfield
  • Geo Quality: 0.95
  • Geo Update Timestamp: 12/29/2022
  • Geo Zoom Level: 16

Tax Info

  • Taxes: 9558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Jan 24, 2023
Sold by
Mb Bloomfield Llc
Bought by
Carino Ivette
Seller's Agent
Megan Gulick
CORCORAN SAWYER SMITH
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Views
82
Current Estimated Value
$747,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,070
Avg. Annual Appreciation
5.07%
Original Mortgage
$628,408
Outstanding Balance
$608,750
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$119,726

Purchase Details

Closed on
Aug 5, 2021
Sold by
Muldoon Peter and Muldoon Mary
Bought by
Mb Bloomfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2000
Sold by
Schmitt Lori
Bought by
Muldoon Peter and Muldoon Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.64%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Schmitt William
Bought by
Schmitt Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.59%

Purchase Details

Closed on
Aug 20, 1991
Sold by
Chanowski Thomas and Chanowski John
Bought by
Schmitt William
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.

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 Buyer Sale Price Title Company
Carino Ivette $640,000 American Land Title
Mb Bloomfield Llc $350,000 None Available
Muldoon Peter $171,000 --
Schmitt Lori $111,000 --
Schmitt William $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carino Ivette $628,408
Previous Owner Mb Bloomfield Llc $325,000
Previous Owner Mb Bloomfield Llc $294,400
Previous Owner Muldoon Peter $136,800
Previous Owner Schmitt Lori $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $640,000 0.0% --
02/06/2023 02/06/23 Sold $640,000 -1.4% --
01/18/2023 01/18/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $649,000 0.0% --
12/14/2022 12/14/22 For Sale $649,000 -- --
Source: Hudson County 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 $13,183 $403,400 $109,200 $294,200
2024 $13,183 $403,400 $109,200 $294,200
2023 $9,737 $304,100 $109,200 $194,900
2022 $9,737 $304,100 $109,200 $194,900
2021 $9,558 $304,100 $109,200 $194,900
2020 $9,412 $304,100 $109,200 $194,900
2019 $9,738 $244,600 $108,000 $136,600
2018 $9,696 $244,600 $108,000 $136,600
2017 $9,549 $244,600 $108,000 $136,600
2016 $9,442 $244,600 $108,000 $136,600
2015 $9,356 $244,600 $108,000 $136,600
2014 $9,185 $244,600 $108,000 $136,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 220021963

Hudson County MLS

APN: 02-00699-0000-00033