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Essex 07003
89 Clark Avenue
$270,000
● House - Off Market

89 Clark Avenue

Bloomfield, NJ 07003
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$402,244
RealtyHop Estimate
46.27%
Since Nov 1, 2018
NY-New York
Primary Model

About This Property

This is truly one of the most beautiful locations in BLOOMFIELD! Dead End street, w/the brook running along the entire side of the home offering privacy, great water views, a beautiful breeze & room to run! CHARMING Sun porch upon entry, Spacious LR and DR w/HARDWOOD FLOORS under the carpet, offering great space for holidays & entertaining. 2 BR's and easily a 3rd which can be used as an office, den, playroom. Kitchen w/eat in area w/views out over the brook. Full Basement, NEW FURNACE, VINYL REPLACEMENT WINDOWS, PARK LIKE BACKYARD, tree lined street, walk up the street to BROOKSIDE PARK!  MUST SEE TO APPRECIATE!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1930

Payment Calculator

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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 (MOMLS #21834836)

Price History

Date / Event Date Event Price
Oct 19, 2018 Sold
Premium
Sold
Aug 31, 2018 Listed by RE/MAX at Barnegat Bay $275,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 919
  • Building Area: 919
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 919
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 02
  • Parcel: 02 00795-0000-00012
  • Block: 795
  • Lot: 12
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.8153
  • Longitude: -74.1911

    Address

  • Full Address: 89 Clark Ave
  • Address - House Number: 89
  • Address - Street Name: Clark
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 3745
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $881,831

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 419,349
  • High Value: 509,288
  • Low Value: 329,411

    Market Valuation

  • Market Total Value: $275,400
  • Market Land Value: $124,600
  • Market Improvement Value: $150,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,400
  • Assessed Land Value: $124,600
  • Assessed Improvements Value: $150,800

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35777
  • Previous Sale Recording Date: Oct 23, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $270,000
  • 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

49

Average Home Size

434 ft²

Average Home Age

-

Currently For Sale

2626 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

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MOMMLS

Listed by: Kim D'Addario, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21834836
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 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 89 Clark Avenue built and last sold?
The property at 89 Clark Avenue was built in 1930 and last sold on Mar 17, 2022 for $501,500.
How much is this home worth?
The estimated value of the home located at 89 Clark Avenue is $277,750.
What are some comparable homes to 89 Clark Avenue?
There are currently no comparable homes to 89 Clark Avenue.
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