NOT LISTED FOR SALE

550 Bloomfield Ave Unit 1 Bloomfield, NJ 07003

Estimated Value: $1,442,437

-- Bed
-- Bath
7,350 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 550 Bloomfield Ave Unit 1, Bloomfield, NJ 07003 and is currently estimated at $1,442,437, approximately $196 per square foot. 550 Bloomfield Ave Unit 1 is a home located in Essex County with nearby schools including Watsessing Elementary School, Bloomfield Middle School, and Bloomfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2022
Sold by
Ridgefield Park Properties Urban Renewal
Bought by
Bloomfield Parkview Llc
Current Estimated Value
$1,442,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Outstanding Balance
$3,648,610
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$2,206,173

Purchase Details

Closed on
Jun 5, 2022
Sold by
Hp 550 Bloomfield Ave Llc
Bought by
Ridgefield Park Properties Urban Renewal Llc

Purchase Details

Closed on
Jul 7, 2021
Sold by
Bloomfield Realty Co
Bought by
Hp 550 Bloomfield Ave Llc

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Bloomfield Parkview Llc -- Prestige Title
Ridgefield Park Properties Urban Renewal Llc $1,310,000 Glanz Evan S
Hp 550 Bloomfield Ave Llc $1,035,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloomfield Parkview Llc $850,000
Open Bloomfield Parkview Llc $3,750,000
Previous Owner Bloomfield Realty Co $230,000
Source: Public Records

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 $29,315 $848,000 $257,300 $590,700
2022 $28,756 $848,000 $257,300 $590,700
2021 $28,238 $848,000 $257,300 $590,700
2020 $27,865 $848,000 $257,300 $590,700
2019 $28,328 $670,800 $239,300 $431,500
2018 $28,174 $670,800 $239,300 $431,500
2017 $27,738 $670,800 $239,300 $431,500
2016 $27,436 $670,800 $239,300 $431,500
2015 $27,234 $670,800 $239,300 $431,500
2014 $26,624 $670,800 $239,300 $431,500
Source: Public Records

Map

New Jersey Essex County Bloomfield 07003

550 Bloomfield Ave Unit 1, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 550 Bloomfield Ave Unit 1, Bloomfield, NJ 07003 and is currently estimated at $1,442,437, approximately $196 per square foot. 550 Bloomfield Ave Unit 1 is a home located in Essex County with nearby schools including Watsessing Elementary School, Bloomfield Middle School, and Bloomfield High School.

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