Check Availability

490 East Passaic Avenue

490 East Passaic Avenue, Bloomfield, NJ 07003
Property in Essex
Sold Jul 15, 2003
$200,000
Seller
$326,400 by Magnolia Bank
Mortgage Due Dec 01, 2051
490 East Passaic Avenue in Bloomfield, NJ was first built in 1943 and is 81 years old. This has been categorized as a residential property type. It is a single story home. 490 East Passaic Avenue has 1,080 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,251 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 19, 2002 for $200,000. That's $185.19 per sqft. 490 East Passaic Avenue was last assessed in 2022. The total value of the property was assessed at $306,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,827. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MURPHY SANDRA
  • Previous Owner : SHARP ROSE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bloomfield Township School District
  • Census Tract: 014900

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 40
  • District: 02
  • Parcel: 02 01102-0000-00014
  • Block: 1102
  • Lot: 14
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.8266
  • Longitude: -74.1748

    Address

  • Full Address: 490 E Passaic Ave
  • Address - House Number: 490
  • Street Direction: E
  • Address - Street Name: Passaic
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C044
  • 4-Digit Zip Code: 5315
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,827

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 440,500
  • High Value: 534,974
  • Low Value: 346,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,400
  • First Open Lien Mortgage Lender: MAGNOLIA BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $326,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $307,800
  • Market Land Value: $126,100
  • Market Improvement Value: $181,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $306,900

    Sales

  • Current Sale Contract Date: Dec 19, 2002
  • Current Sale Recording Date: Jul 15, 2003
  • Current Sale Transaction ID: 1119300965
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MTG
  • First Mortgage Transaction Date: Jul 15, 2003
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360

About Essex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 60 Passaic Ave, Fairfield Twp., NJ, 07004

$2,950 /mo

  • 1 Bed
  • 1 Bath
60 Passaic Ave #28, Fairfield Twp., NJ, 07004 Listing by NICOLE D. LONG
Unit for rent at 506 Joralemon Street, Belleville, NJ, 07109

$2,995 /mo

  • 2 Beds
  • 2 Baths
506 Joralemon Street #A1, Belleville, NJ, 07109 Listing by RHP Realty New Jersey
Unit for rent at 201 Watchung Ave, Bloomfield Twp., NJ, 07003

$3,100 /mo

  • 2 Beds
  • 2 Baths
201 Watchung Ave, Bloomfield Twp., NJ, 07003 Listing by OLGA HANDLER
Unit for rent at 70 Overlook Avenue, Belleville, NJ, 07109

$2,950 /mo

  • 4 Beds
  • 1 Bath
70 Overlook Avenue, Belleville, NJ, 07109 Listing by RHP Realty New Jersey
Unit for rent at 1610 Hamilton Street, Belleville, NJ, 07109

$3,000 /mo

  • 2 Beds
  • 3 Baths
1610 Hamilton Street, Belleville, NJ, 07109 Listing by RHP Realty New Jersey
Unit for rent at 480 Brook Ave, Passaic City, NJ, 07055

$2,975 /mo

  • 3 Beds
  • 1 Bath
480 Brook Ave, Passaic City, NJ, 07055 Listing by SHAINDEL SILBERBERG
Unit for rent at 125 Broughton Ave, Bloomfield Twp., NJ, 07003

$2,950 /mo

  • 2 Beds
  • 2 Baths
125 Broughton Ave #2, Bloomfield Twp., NJ, 07003 Listing by EVELYN SISTO

Frequently Asked Questions

What neighborhood is 490 East Passaic Avenue located in?
The 490 East Passaic Avenue is a located in the neighborhood of Essex in Essex, Bloomfield.
What is the average sales price for listings in 490 East Passaic Avenue?
The average sales price for units in 490 East Passaic Avenue is $0 currently.

Quantcast