NOT LISTED FOR SALE

85 Hoover Ave Bloomfield, NJ 07003

Estimated Value: $727,832 - $824,000

-- Bed
-- Bath
-- Sq Ft
34 Sq Ft Lot

Last Sold February 16, 2021

Last sale price $525,000

Est. 50% increase in value since last sale

Current estimated payment $5,460/month

37 Days on Market

About This Home

As of February 2021

This home is located at 85 Hoover Ave, Bloomfield, NJ 07003 since 11 November 2020 and is currently estimated at $786,708. This property was built in 1927. 85 Hoover Ave is a home located in Essex County with nearby schools including Franklin School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

Isabel Henriques

EXP REALTY, LLC Brokerage Phone: 973-253-2800 Listed on: 11/11/2020

EXP REALTY, LLC

Co-Listed By

JASMIN PETRILLO

KELLER WILLIAMS TEAM REALTY Brokerage Phone: 973-253-2800

Last Buyer's Agent

Milton Araujo

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,275

Year Built

  • Built in 1927

Lot Details

  • 34 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,275

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 85
  • I D: 5031761
  • Modified: 2022-02-17
  • Number Images: 1
  • Attribution Contact: 973-253-2800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34 X 140
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 15, 2021
Sold by
Mugnone Mario and Mugnone Victoria
Bought by
Vivar Jessica M
Seller's Agent
Isabel Henriques
EXP REALTY, LLC
Buyer's Agent
Milton Araujo
COLDWELL BANKER REALTY
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$786,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,708
Avg. Annual Appreciation
9.17%
Original Mortgage
$515,490
Outstanding Balance
$461,049
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$325,659

Purchase Details

Closed on
Feb 22, 2001
Sold by
Tremper Mark C
Bought by
Mugnone Mario and Mugnone Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,275
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 1995
Sold by
Alfano Gloria
Bought by
Tremper Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Vivar Jessica M $525,000 Old Republic National
Mugnone Mario $220,000 --
Tremper Mark $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivar Jessica M $515,490
Previous Owner Mugnone Mario $218,275
Previous Owner Tremper Mark $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $525,000 +5.2% --
12/18/2020 12/18/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $499,000 -- --
Source: Garden State 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 $15,275 $467,400 $127,700 $339,700
2024 $15,275 $467,400 $127,700 $339,700
2022 $14,966 $467,400 $127,700 $339,700
2021 $12,468 $396,700 $127,700 $269,000
2020 $12,278 $396,700 $127,700 $269,000
2019 $11,047 $281,600 $126,000 $155,600
2018 $11,000 $281,600 $126,000 $155,600
2017 $10,834 $281,600 $126,000 $155,600
2016 $10,712 $281,600 $126,000 $155,600
2015 $10,614 $281,600 $126,000 $155,600
2014 $10,420 $277,500 $126,000 $151,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3677976

Garden State MLS

APN: 02-00754-0000-00041