NOT LISTED FOR SALE

51 Overlook Terrace Bloomfield, NJ 07003

Estimated Value: $737,000 - $804,125

3 Beds
3 Baths
-- Sq Ft
40 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $700,000

Est. 13% increase in value since last sale

Current estimated payment $5,693/month

7 Days on Market

About This Home

As of November 2023

This home is located at 51 Overlook Terrace, Bloomfield, NJ 07003 since 25 September 2023 and is currently estimated at $764,781. This property was built in 1931. 51 Overlook Terrace 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

Amy Owens

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 09/25/2023

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Sidney Simon

WEST OF HUDSON REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,843

Year Built

  • Built in 1931

Lot Details

  • 40 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,843

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Year Built: 1931
  • County Name: Essex
  • Street Number Display: 51
  • I D: 5238190
  • Modified: 2024-11-04
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 40 X 100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 25, 2023
Sold by
Schutzbank Eric and Schutzbank Amanda
Bought by
Kaluarachchi Ashantha Indika and Edwards Jodi Ann
Seller's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Sidney Simon
WEST OF HUDSON REAL ESTATE
List Price
$665,000
Sold Price
$700,000
Premium/Discount to List
$35,000
5.26%
Views
218
Current Estimated Value
$791,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,782
Avg. Annual Appreciation
5.16%
Original Mortgage
$550,000
Outstanding Balance
$540,533
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$224,248

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 31, 2018
Sold by
Open Concepts Llc
Bought by
Schutzbank Eric and Schutzbank Amanda
Seller's Agent
Amy Owens
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
SUSAN BLODGETT
COLDWELL BANKER REALTY
List Price
$459,000
Sold Price
$520,000
Premium/Discount to List
$61,000
13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$200,000
Interest Rate
4.56%

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 31, 2017
Sold by
Margotta Lorraine M
Bought by
Open Concepts Llc
Seller's Agent
MARIA ISABEL MEJIA
REALTY ONE GROUP LEGEND
Buyer's Agent
MARIA ISABEL MEJIA
REALTY ONE GROUP LEGEND
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.10%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kaluarachchi Ashantha Indika $700,000 Ridge Title
Schutzbank Eric $520,000 --
Open Concepts Llc $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaluarachchi Ashantha Indika $550,000
Previous Owner Schutzbank Eric $200,000
Previous Owner Schutzbank Eric $200,000
Previous Owner Schutzbank Eric --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $700,000 +5.3% --
10/06/2023 10/06/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $665,000 +27.9% --
05/24/2018 05/24/18 Sold $520,000 +13.3% --
04/20/2018 04/20/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $459,000 +43.4% --
07/31/2017 07/31/17 Sold $320,000 +7.0% --
06/14/2017 06/14/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $299,000 -- --
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
2025 $15,843 $490,300 $240,400 $249,900
2024 $15,843 $484,800 $240,400 $249,900
2022 $15,523 $484,800 $0 $0
2021 $15,237 $484,800 $0 $0
2020 $15,005 $484,800 $0 $0
2019 $14,909 $374,500 $199,000 $175,500
2018 $12,717 $320,800 $199,000 $121,800
2017 $12,524 $320,800 $199,000 $121,800
2016 $12,792 $331,400 $199,000 $132,400
2015 $12,676 $331,400 $199,000 $132,400
2014 $12,444 $331,400 $199,000 $132,400
Source: Public Records

Agents Affiliated with this Home

  • Amy Owens

    Seller's Agent in 2023

    Amy Owens

    KELLER WILLIAMS - NJ METRO GROUP

    (201) 396-2927

    48 in this area

    335 Total Sales

    Section Image
  • Sidney Simon

    Buyer's Agent in 2023

    Sidney Simon

    WEST OF HUDSON REAL ESTATE

    (973) 900-7316

    7 in this area

    64 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    SUSAN BLODGETT

    COLDWELL BANKER REALTY

  • M

    Seller's Agent in 2017

    MARIA ISABEL MEJIA

    REALTY ONE GROUP LEGEND

See All Agents

Map

Source: Garden State MLS

MLS Number: 3866425

Garden State MLS

APN: 02-01173-0000-00035

New Jersey Essex County Bloomfield 07003

51 Overlook Terrace, Bloomfield, NJ

This home is located at 51 Overlook Terrace, Bloomfield, NJ 07003 since 25 September 2023 and is currently estimated at $764,781. This property was built in 1931. 51 Overlook Terrace is a home located in Essex County with nearby schools including Brookdale School, Bloomfield Middle School, and Bloomfield High School.

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