NOT LISTED FOR SALE

509 Broughton Ave Bloomfield, NJ 07003

Estimated Value: $692,000 - $811,000

6 Beds
2 Baths
-- Sq Ft
5,049 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $591,500

Est. 24% increase in value since last sale

Current estimated payment $5,053/month

25 Days on Market

About This Home

As of March 2023

This home is located at 509 Broughton Ave, Bloomfield, NJ 07003 since 04 January 2023 and is currently estimated at $735,296. 509 Broughton Ave is a home located in Essex County with nearby schools including Demarest School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Michael Moscara

Moscara Realty Listed on: 01/04/2023

Last Buyer's Agent

Carmen Jimenez

RE/MAX Professionals 1

RE/MAX Professionals 1

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,893

Lot Details

  • 5,049 Sq Ft Lot
  • Lot Dimensions are 49x103

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00002 / 01026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,893

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (973) 667-1732
  • MLS Status: Sold - Sold
  • Directions: Off Watchung Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 49x103
  • Lot Size Sq Ft: 5049.0

Tax Info

  • Tax Annual Amount: 13893.0
  • Tax Block: 01026
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 20, 2023
Sold by
Mascolo Anthony
Bought by
Ortiz Henry William
Seller's Agent
Michael Moscara
Moscara Realty
Buyer's Agent
Carmen Jimenez
RE/MAX Professionals 1
List Price
$549,900
Sold Price
$591,500
Premium/Discount to List
$41,600
7.57%
Views
354
Current Estimated Value
$735,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,796
Avg. Annual Appreciation
8.59%
Original Mortgage
$510,000
Outstanding Balance
$494,528
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$240,768

Purchase Details

Closed on
Aug 14, 2002
Sold by
Allen Mark
Bought by
Mascolo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 3, 2001
Sold by
Sibilia Gerard
Bought by
Allen Mark and Porada Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortiz Henry William $600,000 First American Title
Mascolo Anthony $355,000 --
Allen Mark $241,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Henry William $510,000
Previous Owner Mascolo Anthony $255,000
Previous Owner Allen Mark $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $591,500 +7.6% --
02/03/2023 02/03/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $549,900 -- --
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 $14,180 $433,900 $144,600 $289,300
2024 $14,180 $433,900 $144,600 $289,300
2022 $13,637 $433,900 $144,600 $289,300
2021 $13,637 $433,900 $144,600 $289,300
2020 $13,429 $433,900 $144,600 $289,300
2019 $11,668 $293,100 $122,000 $171,100
2018 $11,449 $293,100 $122,000 $171,100
2017 $11,417 $293,100 $122,000 $171,100
2016 $11,314 $293,100 $122,000 $171,100
2015 $11,211 $293,100 $122,000 $171,100
2014 $11,006 $293,100 $122,000 $171,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23000866

New Jersey MLS

APN: 02-01026-0000-00002