NOT LISTED FOR SALE

Estimated Value: $789,000 - $835,000

-- Bed
-- Bath
-- Sq Ft
48 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $635,000

Est. 27% increase in value since last sale

Current estimated payment $6,027/month

21 Days on Market

About This Home

As of September 2022

This home is located at 531 Beardsley Ave, Bloomfield, NJ 07003 since 19 May 2022 and is currently estimated at $805,000. This property was built in 1929. 531 Beardsley Ave is a home located in Essex County with nearby schools including Carteret School, Bloomfield Middle School, and Bloomfield High School.

Last Listed By

Peter Wisniewski

KISLAK COMMERCIAL REAL ESTATE Listed on: 05/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,500

Year Built

  • Built in 1929

Lot Details

  • 48 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,500

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Year Built: 1929
  • County Name: Essex
  • Street Number Display: 531
  • I D: 5152046
  • Modified: 2023-09-30
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 48 X 100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Sep 29, 2022
Sold by
Redwood Nj Core Partners Lp
Bought by
Ailawadhi Shawn and Kumar Divya A
Seller's Agent
Peter Wisniewski
KISLAK COMMERCIAL REAL ESTATE
Buyer's Agent
Taylor Lucyk
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%
Total Days on Market
21
Current Estimated Value
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,000
Avg. Annual Appreciation
16.92%
Original Mortgage
$811,594
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
May 4, 2021
Sold by
Ll Reo Ventures Llc
Bought by
Redwood Nj Core Partners Lp

Purchase Details

Closed on
Jul 19, 2006

Purchase Details

Closed on
Jan 2, 1998
Sold by
Texas Commerce Bank
Bought by
Younger Oscar and Younger Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.96%

Purchase Details

Closed on
Jan 12, 1995
Sold by
Massa Mildred
Bought by
Ry Madsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
8.8%

Range of Values:

Collateral Analytics

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ICE

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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
Ailawadhi Shawn $635,000 First American Title
Redwood Nj Core Partners Lp $400,000 First Ntnwd Ttl Agcy Llc
-- -- --
Younger Oscar $180,000 --
Ry Madsen $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ailawadhi Shawn $745,500
Closed Ailawadhi Shawn $825,000
Previous Owner Ailawadhi Shawn $811,594
Previous Owner Passaic Main Norse Llc $4,150,000
Previous Owner Ll Reo Ventures Llc $425,000
Previous Owner Ll Reo Ventures Llc $425,000
Previous Owner Kina Development Llc $425,000
Previous Owner Younger Oscar $297,000
Previous Owner Younger Oscar $153,000
Previous Owner Ry Madsen $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $635,000 -9.2% --
06/09/2022 06/09/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $699,000 -- --
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
2024 $18,500 $566,100 $92,700 $473,400
2022 $18,127 $566,100 $92,700 $473,400
2021 $17,793 $566,100 $92,700 $473,400
2020 $17,521 $566,100 $92,700 $473,400
2019 $17,067 $428,700 $91,000 $337,700
2018 $16,994 $428,700 $91,000 $337,700
2017 $16,736 $428,700 $91,000 $337,700
2016 $16,548 $428,700 $91,000 $337,700
2015 $16,398 $428,700 $91,000 $337,700
2014 $16,098 $428,700 $91,000 $337,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3783434

Garden State MLS

APN: 02-00045-0000-00035