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48 Merkel Dr, Bloomfield, NJ, 07003

4beds
2baths
--sqft
$599,000
--price/sqft
$4,432/moest. monthly cost
$177,280/yrincome needed

About This Home

Welcome to this charming and beautifully maintained 4-bedroom Cape Cod, perfectly blending classic character with modern updates. Filled with natural light, the inviting floor plan features gleaming hardwood floors and an effortless flow from the spacious living room to the dining area, creating the perfect setting for everyday living and entertaining. The updated kitchen is complete with sleek countertops, stainless steel appliances, abundant cabinetry, and ample workspace. Two generously sized bedrooms and a full bath complete the main level, while the second floor offers two additional spacious bedrooms and another full bath, providing flexibility for guests, a home office, or growing households. Step outside to your private, fully fenced backyard featuring a spacious deck and hot tub an ideal retreat for relaxing or entertaining. Conveniently located just minutes from top-rated schools, shopping, restaurants, parks, and NYC transportation, this home offers the perfect combination of comfort, convenience, and location.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
5/10
Bloomfield Middle SchoolGrades 7-81.5 mi
4/10
Bloomfield High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1959

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding,Wood Shingle

Notable Dates

  • Major remodel year: 2017

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Microwave,Range/Oven-Gas,Refrigerator,Electric Water Heater
  • Laundry features: In Basement

Basement

  • Features: Laundry Room, Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Living/Dining Combo
  • Level: First

Features

  • Flooring: Wood

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Natural Gas
  • Cooling features: 1 Unit,Central Air

Kitchen

  • Features: Eat-in Kitchen
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 1602013310000000130000

Features

  • Patio & porch: Deck
  • Exterior features: Curbs
  • Fencing: Privacy

Lot

  • Lot size: 5,227 sqft
  • Features: Level
  • Lot size dimensions: 51 x 100

Parking

  • Total spaces: 3
  • Parking features: 1 Car Width
  • Uncovered spaces: 3

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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather

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 $3,028$36,336
Home Insurance *$163$1,956
Property Taxes $1,048$12,576
Electricity $193$2,318
Total$4,432$53,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,954/yr
40% on housing$132,960/yr
45% on housing$118,186/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$317
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$599,000
2026-07-28Listed for sale$599,000
2023-10-19Sold$530,000
2023-09-22Pending sale$499,000
2023-09-05Listed for sale$499,000
2000-01-24Sold$131,500
1994-12-15Sold$100,000

For Sale by Agent

AgentVanessa Messina
BrokerageSerhant New Jersey Llc

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