NOT LISTED FOR SALE

518 E Passaic Ave Bloomfield, NJ 07003

Estimated Value: $581,321 - $657,000

3 Beds
2 Baths
1,708 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $470,000 $275 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,287/month

15 Days on Market

About This Home

As of May 2022

Space, flow and glow! This house glows inside with magical sunrise and sunset light. Spacious three-bedroom, two full bath home with loads of great features. Center Hall Colonial layout with large front-back living room and a massive picture window. The dining room is on the opposite side with a matching picture window and open to the renovated galley-style kitchen that runs across the width of the house. A true heart to this home and allows for amazing flow. Luxe cabinets and oodles of work, counter, and storage space. Kitchen opens to cozy Family Room with access to rear deck, yard, and garage. A first-floor full bath with a walk-in shower and walk-in closet sits tucked in a hallway behind the living room. The second floor has a large primary bedroom with two large and two small closets. Two additional bedrooms and an updated full bath with tub shower. Central air conditioning, new inside oil tank, detached two-car garage, deck, and ample rear yard complete this charmer.

Last Agent to Sell the Property

Elizabeth Ruvo

Prominent Properties Sotheby's International Realty-Montclair Listed on: 02/07/2022

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,834

Lot Details

  • 6,299 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Demarest Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 00007 / 01102

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,834

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: GSP to Watchung Ave to E Passaic
  • Reso Fireplace Features: None
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Laundry, Storage & Utility Rms

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Oil

Schools

  • Elementary School: Demarest E.S.
  • High School: Bloomfield H.S.
  • Middle Or Junior School: Bloomfield M.S.
  • Elementary: Demarest E.S.

Lot Info

  • Lot Size Sq Ft: 6299.0

Tax Info

  • Tax Annual Amount: 9834.0
  • Tax Block: 01102
  • Tax Lot: 00007

MLS Schools

  • High School Text: Bloomfield H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 12, 2022
Sold by
Residuary Trust
Bought by
Geronimo Gary and Vera Alely
Seller's Agent
Elizabeth Ruvo
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Outside Agent
Outside Office
List Price
$419,000
Sold Price
$470,000
Premium/Discount to List
$51,000
12.17%
Current Estimated Value
$624,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,830
Avg. Annual Appreciation
9.52%
Original Mortgage
$455,900
Outstanding Balance
$436,236
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$188,594

Purchase Details

Closed on
Nov 7, 2009
Sold by
Straight Candace L
Bought by
Straight Candace L and Straight Dorothy Elizabeth
Source: Public Records

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Range of Values:

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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
Geronimo Gary $470,000 Park Place Title
Straight Candace L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geronimo Gary $455,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $470,000 +12.2% $275 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $419,000 -- $245 / Sq Ft
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 $10,226 $312,900 $126,100 $186,800
2022 $10,019 $312,900 $126,100 $186,800
2021 $9,834 $312,900 $126,100 $186,800
2020 $9,684 $312,900 $126,100 $186,800
2019 $9,730 $244,400 $109,000 $135,400
2018 $9,688 $244,400 $109,000 $135,400
2017 $9,541 $244,400 $109,000 $135,400
2016 $9,434 $244,400 $109,000 $135,400
2015 $9,348 $244,400 $109,000 $135,400
2014 $9,177 $244,400 $109,000 $135,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22003811

New Jersey MLS

APN: 02-01102-0000-00007