After reading the question and preparing to write my response, I read through the other responses and I couldn't have said it any better than Jeffrey. I never got a chance to read your first question but seeing Jeffrey's response I am assuming you are interested in the North End of Bloomfield. The North and South ends of Bloomfield are two totally different areas and should not be be comp'd together. I don't only sell the community, those are my roots and my family still lives there too. I am fully familiar with the entire town of Bloomfield, including but not limited to the entire Bloomfield market. As in many towns, Bloomfield has a lot of good buys on the market that are not distressed houses, foreclosures or short sales. Again, just as in Essex Fells, Fairfield, and many other towns, Bloomfield has its share of pre-foreclosures, foreclosures, and short sales but that doesn't mean it's a mistake buying in the town. We have no idea what forced some these homeowners into their unfortunate situation. Keep in mind that towns that have rail and public transit to NYC should hold better value than other towns which do not.
If you are looking for an area specialist and interviewing agents in the area, please contact me I'd love to work with you finding your new home.
Gina Chirico, Sales Associate/Realtor
Prudential NJ Properties
973-239-7700 ext 132