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42 Grace St, Bloomfield, NJ, 07003

2beds
2baths
0sqft
$450,000
--price/sqft
$3,377/moest. monthly cost
$135,080/yrincome needed

About This Home

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

4/10
4/10
Bloomfield Middle SchoolGrades 7-82.8 mi
4/10
Bloomfield High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1898

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Dining L

Features

  • None,2 Bedrooms
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Auxiliary Electric Heat
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Breakfast Bar

Master Bedroom

  • Features: Sitting Area

Property

Accessibility

  • Accessibility features: Tub Seat

Details

  • Parcel number: 0200102000000054

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Enclosed
  • Exterior features: Enclosed Porch(es)

Lot

  • Lot size: 1 sqft
  • Features: See Remarks
  • Lot size dimensions: 1.00 x 1.00

Parking

  • Parking features: 1 Car Width
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance *$122$1,464
Property Taxes $787$9,444
Electricity $193$2,318
Total$3,377$40,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,782/yr
40% on housing$101,310/yr
45% on housing$90,053/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07003$318
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07003$415
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-31Listed for sale$450,000

For Sale by Agent

AgentASHER NEWMAN
BrokerageONE REAL ESTATE GROUP LLC

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