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261 Franklin Street, Bloomfield, NJ 07003 Property Information

261 Franklin Street, Bloomfield, NJ 07003 Property Information

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

Primary address 261 Franklin Street, Bloomfield
Zip code 07003
County Essex
Municipality Bloomfield Township
Block 335
Lot 9

Sales & Tax Overview for 261 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 01/09/2002
Sale price $462,500
Arm's length
Property tax $49,445

Lot & Building Information for 261 Franklin Street, Bloomfield

Building class Apartment-Garden (020)
Acreage 0.309
Year built 1964
Units 16
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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 261 Franklin Street, Bloomfield

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About 261 Franklin Street, Bloomfield

When was 261 Franklin Street, Bloomfield, NJ 07003 built?

261 Franklin Street, Bloomfield, NJ 07003 was built in 1964.

What is the assessed value of 261 Franklin Street, Bloomfield, NJ 07003 and the property tax paid?

Assessed at $1,457,700, the tax amount paid for 261 Franklin Street, Bloomfield, NJ 07003 is $50,859.

When was 261 Franklin Street, Bloomfield, NJ 07003 last sold and what was the last sale price?

261 Franklin Street, Bloomfield, NJ 07003 was last sold in 01/09/2002 for $462,500.

How many residential units does this building have?

This building has 16 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 261 Franklin Street, Bloomfield

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Purchase date Purchase price Buyer name Seller name
01/09/2002 $462,500

Title Documents for 261 Franklin Street, Bloomfield

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
01/09/2002 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 261 Franklin Street, Bloomfield

Access detailed property tax data for 261 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 $49,445
Market value $1,457,700

Assessment History for 261 Franklin Street, Bloomfield

Here's the assessment & property tax history for 261 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
2024 $1,457,700 $1,457,700 3.392 $49,445 +3.79%
2023 $1,457,700 $1,457,700 3.268 $47,638 +2.06%
2022 $1,457,700 $1,457,700 3.202 $46,676 +1.88%
2021 $1,457,700 $1,457,700 3.143 $45,816 +1.55%
2020 $1,457,700 $1,457,700 3.095 $45,116 +21.66%

Demographics By Zip Code

Total population 52,921
Median age 38
Average household income $126,474
Family households 62.6%
Occupied housing units 21,075
Owner occupied units 52.1%
Average number of people per household 2
Median year structure built 1950
Median value for units with a mortgage $445,700
Median value for units without a mortgage $452,700

Risk

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

Transportation

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Neighbors for 261 Franklin Street, Bloomfield

Here are the neighbors for 261 Franklin Street, Bloomfield.

Address Square feet Purchase date Purchase price
279 Franklin St, Bloomfield 2,345 12/07/2021
223 Franklin St, Bloomfield 1,197 08/31/2004 $275,000
235 Franklin St, Bloomfield 2,486 04/30/2020 $1
283 Franklin St, Bloomfield 1,952 08/22/2023
15 Willard Ave, Bloomfield 1,923 11/04/2021
225 Franklin St, Bloomfield 2,154 12/02/2008 $1
265 Franklin St, Bloomfield 4,732 05/16/2006 $1
247 Franklin St, Bloomfield 2,964 07/02/2024
237 Franklin St, Bloomfield 2,087 09/15/2025
229 Franklin St, Bloomfield 2,128 12/07/2000 $200,000
221 Franklin St, Bloomfield 1,153 02/24/2023
219 Franklin St, Bloomfield 2,167 05/19/2025
277 Franklin St, Bloomfield 2,736 03/12/1999 $1
239 Franklin St, Bloomfield 2,092 07/17/2017 $250,000
275 Franklin St, Bloomfield 1,407 01/03/2007 $490,000
3 Willard Ave, Bloomfield 1,144 08/24/2022
243 Franklin St, Bloomfield 1,844 09/20/2024
271 Franklin St, Bloomfield 1,215 04/12/1993 $106,000
5 Willard Ave, Bloomfield 1,178 03/11/2002 $1
17 Willard Ave, Bloomfield 1,687 05/24/2010 $199,000

Nearby ZIP Codes for 261 Franklin Street, Bloomfield

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