NOT LISTED FOR SALE

7 Main Terrace Unit 1 Bloomfield, NJ 07003

Estimated Value: $470,000 - $802,000

2 Beds
1 Bath
-- Sq Ft
3,746 Sq Ft Lot

Highlights

  • Property is near a park
  • Attached Garage
  • Central Air

About This Home

As of October 2019

Beautifully renovated two bed rental in the desirable section of Bloomfield! Incredible kitchen with open floor plan to living room, modern bathroom, generously sized bedrooms, washer/dryer in-unit & central air. Sole use of finished basement, fully fenced in backyard, outdoor storage unit, attached garage, and one additional parking spot in shared driveway. Easy NYC commute and close to Brookdale Park. This rental has it all! Tenants responsible for 1st $100 of all repairs.

Last Agent to Rent the Property

Dana Schwern

Compass New Jersey, LLC-Montclair Listed on: 09/09/2019

Compass New Jersey, LLC-Montclair

Co-Listed By

Susan Lovit

Compass New Jersey, LLC-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,173

Year Built

  • 1949

Lot Details

  • 3,746

Parking

  • Attached Garage

Home Design

  • Built in the 1940s

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Basement Storage

Listing and Financial Details

  • Assessor Parcel Number 070200919 00055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,173

Year Built

1949

Lot Details

0

Rental Info

  • Pets: None
  • Provided: Dishwasher, Microwave, Ov/Rang/Gs
  • Security dep: 1.5 Month
  • Tenants Obligation: 1 Month

Listing Details

  • Property Short: RNT
  • Sub-Style: MultiFamily
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Year Built (Public Record): 1940's, Renovated
  • Miscellaneous: Unfurn, Basement/Storage, Use Of Yard
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 4
  • Stairs in unit: Y
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Laundry: In Unit

Garage/Parking

  • Garage: Attached, 1 Car, Out/Prk/Sp

Utilities

  • Heating: Central Air, Gas
  • Sewer: Municipal
  • Water Source: Municipal

Condo/Co-op/Association

  • Subject to Board Approval: N

Schools

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

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00055

Tax Info

  • Assessor Parcel Number: 070200919 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2019
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Mdds Group Llc
Current Estimated Value
$659,647

Purchase Details

Closed on
Nov 11, 2005
Sold by
Zichelli Anthony
Bought by
Sacoto Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Mdds Group Llc $209,000 --
Sacoto Fernando $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mdds Group Llc $258,500
Previous Owner Sacoto Fernando $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Rented $2,000 -11.1% --
09/26/2019 09/26/19 Price Changed $2,250 -10.0% --
09/09/2019 09/09/19 For Rent $2,500 -- --
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 $14,173 $433,700 $130,400 $328,300
2022 $13,887 $433,700 $0 $0
2021 $13,631 $433,700 $0 $0
2020 $13,423 $433,700 $0 $0
2019 $8,981 $225,600 $114,000 $111,600
2018 $8,943 $225,600 $114,000 $111,600
2017 $8,807 $225,600 $114,000 $111,600
2016 $8,708 $225,600 $114,000 $111,600
2015 $8,629 $225,600 $114,000 $111,600
2014 $8,471 $225,600 $114,000 $111,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2019

    Dana Schwern

    Compass New Jersey, LLC-Montclair

    (201) 657-5201

    7 in this area

    179 Total Sales

    Dana Schwern
    Section Image
  • Susan Lovit

    Landlord's Co-Listing Agent in 2019

    Susan Lovit

    Compass New Jersey, LLC-Montclair

    (973) 477-7252

    8 in this area

    186 Total Sales

    Susan Lovit
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 1941748

New Jersey MLS

APN: 02-00919-0000-00055

New Jersey Essex County Bloomfield 07003

7 Main Terrace Unit 1, Bloomfield, NJ

This home is located at 7 Main Terrace Unit 1, Bloomfield, NJ 07003 since 09 September 2019 and is currently priced at $659,647. This property was built in 1949. 7 Main Terrace Unit 1 is a home located in Essex County with nearby schools including Demarest School, Bloomfield Middle School, and Bloomfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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