NOT LISTED FOR SALE

509 Watchung Ave Bloomfield, NJ 07003

Estimated Value: $698,000 - $764,000

3 Beds
1.5 Baths
-- Sq Ft
4,796 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $468,000

Est. 56% increase in value since last sale

Current estimated payment $5,224/month

209 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Brookdale School Rated A-
  • Property is near a park
  • Detached Garage

About This Home

As of April 2021

Great Opportunity to Own This Renovated Home Located On A Corner Lot In the Brookdale Section of Bloomfield, Within Walking Distance to the 121 Acre Brookdale Park. Best&Highest Due 1/11/21 1pm! This warm and comfortable home includes a renovated kitchen and bath, large family room with access to patio, new front door, new garage door and new 2nd floor flat roof. Painted in a warm grey palette. Laundry room is conveniently located on the 1st floor. The walk-up attic room is a potential 4th Bedroom. The basement is a blank slate; use your skills to design it for your use. Central Air and bedroom ceiling fans. Detached two car garage. Close to the Garden State Parkway and NJ Transit buses/trains. This is a Fannie Mae owned property; buyer is responsible for all required inspections and certifications.

Last Agent to Sell the Property

Pamela Taylor

Berkshire Hathaway Home Services Jordan Baris Realty - South Orange Listed on: 06/18/2020

Berkshire Hathaway Home Services Jordan Baris Realty - South Orange

Last Buyer's Agent

Anne Henderson

Prominent Properties Sotheby's International Realty-Towaco

Prominent Properties Sotheby's International Realty-Towaco

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,005

Lot Details

  • 4,796 Sq Ft Lot
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 070201054 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,005

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks
  • Miscellaneous: Hdwd As In, WW/Carpet As In, Deck / Patio
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Full, Unfinished
  • Basement: Utilities,Storage

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Detached, 2 Car Garage

Utilities

  • Heating: Gas, Radiators, Steam
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00001
  • Lot Description: Corner Lot
  • Estimated Lot Sq Ft: 4796

Tax Info

  • Tax: 14005
  • Assessor Parcel Number: 070201054 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Apr 23, 2021
Sold by
Fannie Mae
Bought by
Sulton Salazar Marley Joe and Sulton Salazar Maria
Seller's Agent
Pamela Taylor
Berkshire Hathaway Home Services Jordan Baris Realty - South Orange
Buyer's Agent
Anne Henderson
Prominent Properties Sotheby's International Realty-Towaco
List Price
$535,000
Sold Price
$468,000
Premium/Discount to List
-$67,000
-12.52%
Current Estimated Value
$731,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,759
Avg. Annual Appreciation
11.15%
Original Mortgage
$414,900
Outstanding Balance
$379,974
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$351,785
Source: Public Records

Range of Values:

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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
Sulton Salazar Marley Joe $468,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sulton Salazar Marley Joe $414,900
Previous Owner La Asuncion Llc $175,000
Previous Owner Garcia Martha R $308,000
Previous Owner Garcia Martha $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $468,000 +4.0% --
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $449,900 -2.2% --
11/30/2020 11/30/20 Price Changed $459,900 -3.2% --
10/21/2020 10/21/20 Price Changed $474,900 -3.1% --
09/21/2020 09/21/20 Price Changed $489,900 -2.0% --
08/19/2020 08/19/20 Price Changed $499,900 -2.9% --
07/20/2020 07/20/20 Price Changed $514,900 -3.8% --
06/18/2020 06/18/20 For Sale $535,000 -- --
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 $14,196 $434,400 $142,700 $291,700
2022 $13,909 $434,400 $142,700 $291,700
2021 $13,653 $434,400 $142,700 $291,700
2020 $13,445 $434,400 $142,700 $291,700
2019 $14,005 $351,800 $141,000 $210,800
2018 $13,945 $351,800 $141,000 $210,800
2017 $13,734 $351,800 $141,000 $210,800
2016 $13,579 $351,800 $141,000 $210,800
2015 $13,456 $351,800 $141,000 $210,800
2014 $13,210 $351,800 $141,000 $210,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20022870

New Jersey MLS

APN: 02-01054-0000-00001