NOT LISTED FOR SALE

70 E Passaic Ave Bloomfield, NJ 07003

Estimated Value: $584,493 - $795,000

4 Beds
2 Baths
-- Sq Ft
6,294 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $550,000

Est. 26% increase in value since last sale

Current estimated payment $4,639/month

21 Days on Market

About This Home

As of December 2022

You don't want to miss this opportunity to own a great 2 family home in a very desirable area of Bloomfield. Close to shops, restaurants, parks and NYC transportation. Both units feature 2 nice size bedrooms, a living room and EIK. Second floor has a newer porch. The bonus 3rd floor is great for additional living space or use together with 2nd floor unit. Third floor has independent staircase access. Plenty of parking with a 2 car garage, car port and long semi-circle driveway. Both units have access to the basement. Both the open front porch and spacious backyard are great for entertaining. Great home for owner occupant or investment. The home is being sold "as is".

Last Agent to Sell the Property

Michelle Schwartz-clement

Weichert Realtors, Montclair Listed on: 09/28/2022

Weichert Realtors, Montclair

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,619

Lot Details

  • 6,294 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00042 / 00699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,619

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 973-746-1515
  • MLS Status: Sold - Sold
  • Directions: Broad St to James to E Passaic
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 6294.0

Tax Info

  • Tax Annual Amount: 11619.0
  • Tax Block: 00699
  • Tax Lot: 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 18, 2022
Sold by
Doyle G Robert
Bought by
Argabrite Angela
Seller's Agent
Michelle Schwartz-clement
Weichert Realtors, Montclair
Buyer's Agent
Outside Agent
Outside Office
List Price
$459,000
Sold Price
$550,000
Premium/Discount to List
$91,000
19.83%
Views
2
Current Estimated Value
$692,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,623
Avg. Annual Appreciation
8.10%
Original Mortgage
$440,000
Outstanding Balance
$421,952
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$270,671
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Argabrite Angela $550,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argabrite Angela $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $550,000 +19.8% --
10/19/2022 10/19/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $459,000 -- --
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
2025 $12,082 $369,700 $117,300 $252,400
2024 $12,082 $369,700 $117,300 $252,400
2022 $11,838 $369,700 $117,300 $252,400
2021 $11,620 $369,700 $117,300 $252,400
2020 $11,442 $369,700 $117,300 $252,400
2019 $10,498 $263,700 $115,000 $148,700
2018 $10,453 $263,700 $115,000 $148,700
2017 $10,295 $263,700 $115,000 $148,700
2016 $10,179 $263,700 $115,000 $148,700
2015 $10,087 $263,700 $115,000 $148,700
2014 $9,902 $263,700 $115,000 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22035604

New Jersey MLS

APN: 02-00699-0000-00042