Essex County  »  07003  »  Franklin St  »  425 Franklin St

425 Franklin Street, Bloomfield, NJ 07003 Property Information

425 Franklin Street, Bloomfield, NJ 07003 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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425 Franklin Street, Bloomfield, NJ 07003
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Address

Primary address 425 Franklin Street, Bloomfield
Zip code 07003
County Essex
Municipality Bloomfield Township
Block 271
Lot 12

Sales & Tax Overview for 425 Franklin Street, Bloomfield

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 08/13/2019
Sale price $11,900,000
Arm's length
Property tax $232,629

Lot & Building Information for 425 Franklin Street, Bloomfield

Building class Apartment-Other (029)
Acreage 1.355
Year built 1950
Units 85
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 425 Franklin Street, Bloomfield

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About 425 Franklin Street, Bloomfield

When was 425 Franklin Street, Bloomfield, NJ 07003 built?

425 Franklin Street, Bloomfield, NJ 07003 was built in 1950.

What is the assessed value of 425 Franklin Street, Bloomfield, NJ 07003 and the property tax paid?

Assessed at $6,667,500, the tax amount paid for 425 Franklin Street, Bloomfield, NJ 07003 is $232,629.

When was 425 Franklin Street, Bloomfield, NJ 07003 last sold and what was the last sale price?

425 Franklin Street, Bloomfield, NJ 07003 was last sold in 08/13/2019 for $11,900,000.

How many residential units does this building have?

This building has 85 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 425 Franklin Street, Bloomfield

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Purchase date Purchase price Buyer name Seller name
08/13/2019 $11,900,000
06/12/2006 $1
09/24/1996 $900
       
       
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*Here are the three most recent sales for this property.


Title Documents for 425 Franklin Street, Bloomfield

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
05/06/2021 - D
01/05/2022 - R
Memorandum of Agreement
08/13/2019 - D
08/20/2019 - R
Deed and Realty Tax Fees
06/12/2006 - D
06/12/2006 - R
Deed and Realty Tax Fees
09/24/1996 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 425 Franklin Street, Bloomfield

Access detailed property tax data for 425 Franklin Street, Bloomfield, NJ 07003. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $232,629
Market value $6,667,500

Assessment History for 425 Franklin Street, Bloomfield

Here's the assessment & property tax history for 425 Franklin Street, Bloomfield, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $6,667,500 $6,667,500 3.489 $232,629 +2.86%
2024 $6,667,500 $6,667,500 3.392 $226,162 +3.79%
2023 $6,667,500 $6,667,500 3.268 $217,894 +2.06%
2022 $6,667,500 $6,667,500 3.202 $213,493 +1.88%
2021 $6,667,500 $6,667,500 3.143 $209,560 +1.55%

Demographics by Zip Code

Total population 53,771
Median age 37.5
Average household income $139,365
Family households 61.0%
Occupied housing units 21,215
Owner occupied units 50.7%
Average number of people per household 2.5
Median year structure built 1950
Median value for units with a mortgage $463,900
Median value for units without a mortgage $491,000

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

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View daily traffic map

Neighbors for 425 Franklin Street, Bloomfield

Here are the neighbors for 425 Franklin Street, Bloomfield.

Address Square feet Purchase date Purchase price
58 Fremont St, Bloomfield 2,072 01/25/2007 $1
50 Fremont St, Bloomfield 1,928 09/03/1992 $157,425
40 Oakland Ave, Bloomfield 2,128 03/18/2004 $1
36 Oakland Ave, Bloomfield 2,150 08/08/2022
633 A Bloomfield Ave, Bloomfield
32 Oakland Ave, Bloomfield 2,040 06/12/1992
30 Oakland Ave, Bloomfield 1,610 05/25/2020 $10
401 Franklin St, Bloomfield 2,860 09/30/2021 $1
12 Jersey St, Bloomfield 4,053 04/21/1999 $75,000
54 Fremont St, Bloomfield 1,764 02/28/1992
44 Fremont St, Bloomfield 1,242 03/21/2024
395 Franklin St, Bloomfield 3,996 06/27/2024
51-57 Park St, Bloomfield 7,095 06/05/2023
409 Franklin St, Bloomfield 12/22/2011 $575,000
473 Franklin St, Bloomfield
6 Jersey St, Bloomfield 1,632 09/26/2024
26 Oakland Ave, Bloomfield 1,418 10/08/2019 $285,000
383 Franklin St, Bloomfield 4,287 10/23/2012 $381,000
48 Fremont St, Bloomfield 1,287 03/31/2020 $395,000
391 Franklin St, Bloomfield 2,523 06/01/2025

Nearby ZIP Codes for 425 Franklin Street, Bloomfield

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