NOT LISTED FOR SALE

586 Bloomfield Ave Montclair, NJ 07042

Estimated Value: $2,528,444

3 Beds
1 Bath
4,184 Sq Ft
$604/Sq Ft Est. Value

About This Home

This home is located at 586 Bloomfield Ave, Montclair, NJ 07042 and is currently estimated at $2,528,444, approximately $604 per square foot. 586 Bloomfield Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
N P 1300 L L C
Bought by
Hbr Realty Llc
Current Estimated Value
$2,528,444

Purchase Details

Closed on
Aug 7, 2007
Sold by
Southwest Corner Llc
Bought by
N P 1300 Llc

Purchase Details

Closed on
Dec 23, 1997
Sold by
Sokobin Michael
Bought by
Southwest Corner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hbr Realty Llc $1,700,000 Old Republic National Title
N P 1300 Llc $1,465,000 Trans County Title Agency
Southwest Corner $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southwest Corner $630,000
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
2025 $43,022 $1,186,500 $648,200 $538,300
2024 $43,022 $1,186,500 $648,200 $538,300
2022 $39,012 $1,186,500 $648,200 $538,300
2021 $38,336 $1,186,500 $648,200 $538,300
2020 $37,719 $1,186,500 $648,200 $538,300
2019 $39,356 $1,186,500 $648,200 $538,300
2018 $38,668 $1,186,500 $648,200 $538,300
2017 $39,853 $1,015,100 $611,100 $404,000
2016 $39,122 $1,015,100 $611,100 $404,000
2015 $37,924 $1,015,100 $611,100 $404,000
2014 $36,544 $1,015,100 $611,100 $404,000
Source: Public Records

Map

New Jersey Essex County Montclair 07042

586 Bloomfield Ave, Montclair, NJ

Not Listed for Sale

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