NOT LISTED FOR SALE

503 Watchung Ave Bloomfield, NJ 07003

Estimated Value: $614,000 - $638,000

3 Beds
1 Bath
-- Sq Ft
40 Sq Ft Lot

Last Sold April 27, 2023

Last sale price $525,000

Est. 18% increase in value since last sale

Current estimated payment $4,398/month

56 Days on Market

About This Home

As of April 2023

This home is located at 503 Watchung Ave, Bloomfield, NJ 07003 since 02 February 2023 and is currently estimated at $620,569. This property was built in 1954. 503 Watchung Ave is a home located in Essex County with nearby schools including Brookdale School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

John Scipione

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 02/02/2023

EXP REALTY, LLC

Co-Listed By

JOHN FELTZ III

BHHS FOX & ROACH Brokerage Phone: 866-201-6210

Last Buyer's Agent

FRANCIS CIFALINO

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,657

Year Built

  • Built in 1954

Lot Details

  • 40 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,657

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • County Name: Essex
  • Street Number Display: 503
  • I D: 5200686
  • Modified: 2024-04-28
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 40 X 120
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2007
Sold by
Ayres Jeanne P
Bought by
Ceraso Gerard
Current Estimated Value
$620,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
6.7%
Mortgage Type
Unknown
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
Ceraso Gerard $305,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceraso Gerard $75,000
Open Ceraso Gerard $299,000
Closed Ceraso Gerard $272,000
Closed Ceraso Gerard $232,264
Closed Ceraso Gerard $76,250
Closed Ceraso Gerard $228,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $525,000 +10.5% --
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $474,999 0.0% --
02/16/2023 02/16/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $474,999 -- --
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
2024 $11,657 $356,700 $142,700 $214,000
2022 $11,422 $356,700 $142,700 $214,000
2021 $11,211 $356,700 $142,700 $214,000
2020 $11,040 $356,700 $142,700 $214,000
2019 $10,729 $269,500 $141,000 $128,500
2018 $10,683 $269,500 $141,000 $128,500
2017 $10,521 $269,500 $141,000 $128,500
2016 $10,403 $269,500 $141,000 $128,500
2015 $10,308 $269,500 $141,000 $128,500
2014 $10,120 $269,500 $141,000 $128,500
Source: Public Records

Agents Affiliated with this Home

  • John Scipione

    Seller's Agent in 2023

    John Scipione

    EXP REALTY, LLC

    (201) 841-8935

    4 in this area

    194 Total Sales

    John Scipione
    Section Image
  • JOHN FELTZ III

    Seller Co-Listing Agent in 2023

    JOHN FELTZ III

    BHHS FOX & ROACH

    (646) 579-1200

    1 in this area

    7 Total Sales

    JOHN FELTZ III
    Section Image

  • F

    Buyer's Agent in 2023

    FRANCIS CIFALINO

    REALTY EXECUTIVES EXCEPTIONAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3827155

Garden State MLS

APN: 02-01054-0000-00004

New Jersey Essex County Bloomfield 07003

503 Watchung Ave, Bloomfield, NJ

This home is located at 503 Watchung Ave, Bloomfield, NJ 07003 since 02 February 2023 and is currently estimated at $620,569. This property was built in 1954. 503 Watchung Ave is a home located in Essex County with nearby schools including Brookdale School, Bloomfield Middle School, and Bloomfield High School.

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