NOT LISTED FOR SALE

85 Hoover Ave Bloomfield, NJ 07003

Estimated Value: $712,134 - $886,000

5 Beds
2 Baths
-- Sq Ft
4,761 Sq Ft Lot

Last Sold February 16, 2021

Last sale price $525,000

Est. 49% increase in value since last sale

Current estimated payment $5,634/month

37 Days on Market

Highlights

  • Outdoor Pool
  • Central Air
  • Laundry Facilities

About This Home

As of February 2021

2 Family House with a total of 5 bedrooms, 2 bedrooms and 1 bathroom on the 1st floor, 3 bedrooms and 1 bathroom on the 2nd floor, above ground pool, driveway for 2 cars and shed in the back. Central air on the second floor only.

Last Agent to Sell the Property

Isabel Henriques

EXP Realty, LLC Listed on: 11/11/2020

EXP Realty, LLC

Last Buyer's Agent

Milton Araujo

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,210

Lot Details

  • 4,761 Sq Ft Lot
  • Irregular Lot

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Pool

  • Outdoor Pool

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 070200754 00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,210

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: Pool
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 9
  • Fireplace: None
  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Basement: Unfinished
  • Laundry: Basement

Exterior Features

  • Pool: Yes
  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air, Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00041
  • Estimated Lot Sq Ft: 4761
  • Lot Description: Irregular

Tax Info

  • Tax: 11210
  • Assessor Parcel Number: 070200754 00041

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, Upper Montclair
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Current Estimated Value
$782,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,784
Avg. Annual Appreciation
9.62%
Original Mortgage
$515,490
Outstanding Balance
$466,281
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$316,503

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 Two Rivers Title Co Llc
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 Marid $100,000
Previous Owner Mugnone Mario $213,000
Previous Owner Mugnone Mario $40,000
Previous Owner Mugnone Mario $150,000
Previous Owner Mugnone Mario $235,500
Previous Owner Mugnone Mario $218,275
Previous Owner Tremper Mark $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: 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 $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: New Jersey MLS

MLS Number: 20047664

New Jersey MLS

APN: 02-00754-0000-00041