NOT LISTED FOR SALE

55 Park Ave Unit 1 Bloomfield, NJ 07003

Estimated Value: $352,000 - $423,000

1 Bed
1 Bath
450 Sq Ft
1.2 Acres Lot

Sale Details

Date Sold: June 29, 2020

Last sale price $143,500 $319 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,091 / mo

55 Days on Market

Highlights

  • 1.2 Acre Lot
  • Gazebo
  • 1-Story Property
  • High Ceiling
  • Breakfast Bar
  • Storm Doors

About This Home

As of June 2020

Beautiful condominium building within walking distance of shopping, places of worship, and parks. Property has hardwood floors throughout. Parking Space included. Laundry services are located in the basement as well as a unit for storage. Bus and train lines are in walking distance and only 5 minutes from Montclair shopping and restaurants and Starbucks. A five minute walk to Glen Ridge train station to New York City. Dogs allowed, under 25lbs. Association is FHA approved.

Last Agent to Sell the Property

JOHNATHAN CREEKMUR

UNITED REAL ESTATE Listed on: 03/27/2020

Last Buyer's Agent

Sherifat Sola-Ojelade

KELLER WILLIAMS ELITE REALTORS

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1927

Lot Details

  • 1.2

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 450 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Gazebo

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1602-00249-0000-00007-0000-CB002

Community Details

Overview

  • Association fees include heat, maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection, water fees

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,383

Year Built

Built in 1927

Lot Details

1.2 Acres

HOA Fees

$295 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1927
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Bloomfield ave to Park Ave
  • I D: 4972895
  • Section Subdiv Development: Bloomfield
  • First Name: JOHNATHAN
  • First Name3: SHERIFAT
  • Last Name: CREEKMUR
  • Last Name3: SOLA-OJELADE
  • Office Phone3: 732-549-1998
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Fire Extinguisher, High Ceilings, Smoke Detector
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Den Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x5
  • Kitchen Level: First
  • Living Room Dim: 21x11
  • Living Room Level: First
  • Estimated Sq Ft: 450
  • Phone: 888-501-6953

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Gazebo, Sidewalk, Storm Door(s)
  • Roof Description: Flat

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Available
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 295
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 1.1972 AC
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.20

Rental Info

  • Application Fee: 250
  • Pets Allowed: CatsOK, DogsOK, NumLimit, SizLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4383
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00249-0000-00007-0000-CB002
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.981
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: BLOOMFIELD

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2005
Sold by
Bought by
Current Estimated Value
$381,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Outstanding Balance
$99,306
Interest Rate
5.64%
Estimated Equity
$282,330

Purchase Details

Closed on
Jan 10, 1990
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$246,000 --
$97,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $143,500 -4.3% $319 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $149,900 -- $333 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,853 $261,000 $132,000 $129,000
2024 $8,529 $261,000 $132,000 $129,000
2022 $8,357 $261,000 $132,000 $129,000
2021 $8,203 $261,000 $132,000 $129,000
2020 $8,078 $261,000 $132,000 $129,000
2019 $6,831 $171,600 $85,000 $86,600
2018 $6,684 $171,600 $85,000 $86,600
2017 $6,684 $171,600 $85,000 $86,600
2016 $6,624 $171,600 $85,000 $86,600
2015 $6,564 $171,600 $85,000 $86,600
2014 $6,444 $171,600 $85,000 $86,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JOHNATHAN CREEKMUR

    UNITED REAL ESTATE

  • S

    Buyer's Agent in 2020

    Sherifat Sola-Ojelade

    KELLER WILLIAMS ELITE REALTORS

    (732) 549-1998

    11 Total Sales

    Sherifat Sola-Ojelade
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3625938

Garden State MLS

APN: 02-00249-0000-00007-0000-CB001

New Jersey Essex County Bloomfield 07003

55 Park Ave Unit 1, Bloomfield, NJ

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