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Essex 07003
271 Broughton Avenue
Listed by: Steven Krupinski, [email protected], Coldwell Banker, Manalapan, (732) 462-4242, Listing Courtesy of NJMLS
$421,000
● House - Off Market

271 Broughton Avenue

Bloomfield, NJ 07003
bedrooms
2 Beds
bathrooms
1 Bath
$2,831
Est. Monthly
4.67%
Cap Rate

About This Property

Cape cod home in desirable Bloomfield! This home has 2 bedrooms, hardwood floors and one full bathroom with bathtub/shower. There is a staircase in the living room that leads to attic space that is waiting to be renovated into more bedrooms and/or office space. Full basement. 1 car metal garage & parking for 4 additional cars in driveway. Fenced rear yard. Local bus stop across the street. Lots of possibilities, bring your ideas and make this home yours! Property is being offered "as-is" with no known issues.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$763
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NJMLS #24000585)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Feb 23, 2024 Listed by Coldwell Banker, Manalapan $373,000
Listed by Coldwell Banker, Manalapan
Jan 12, 2024 In contract -
In contract

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,996
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Bloomfield Township School District
  • Census Tract: 015100

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 33
  • District: 02
  • Parcel: 02 00915-0000-00001
  • Block: 915
  • Lot: 1
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.8187
  • Longitude: -74.1818

    Address

  • Full Address: 271 Broughton Ave
  • Address - House Number: 271
  • Address - Street Name: Broughton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 4021
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $915,772

    Appraisal Valuation

  • Standard Deviation: 0.1062
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 394,124
  • High Value: 436,001
  • Low Value: 352,247

    Market Valuation

  • Market Total Value: $286,000
  • Market Land Value: $137,700
  • Market Improvement Value: $148,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $286,000
  • Assessed Land Value: $137,700
  • Assessed Improvements Value: $148,300

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 12755
  • Previous Sale Recording Date: Jul 16, 1992
  • Previous Sale Contract Date: Jun 26, 1992
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$323

Below Asking

0.01%

Average Days on Market

48

Average Home Size

441 ft²

Average Home Age

-

Currently For Sale

2642 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 44 Dawson St, Belleville Twp., 07109

$2,450 /mo

  • 3 Beds
  • 1 Bath
44 Dawson St, Belleville Twp., 07109 Listing by CYNTHIA BARRETT-BISMUTH

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: Steven Krupinski
Coldwell Banker, Manalapan
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24000585
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 RHP Realty NJ, Inc. 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.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 271 Broughton Avenue built and last sold?
The property at 271 Broughton Avenue was built in 1957 and last sold on Feb 13, 2024 for $421,000.
How much is this home worth?
The estimated value of the home located at 271 Broughton Avenue is $0.
What are some comparable homes to 271 Broughton Avenue?
There are currently no comparable homes to 271 Broughton Avenue.
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