NOT LISTED FOR SALE

1 Orient Way Unit 203 Rutherford, NJ 07070

Estimated Value: $605,757

2 Beds
2.5 Baths
1,364 Sq Ft
392 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $513,000 $376 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,426/month

49 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Rutherford High School Rated A
  • 2-minute walk to Rutherford

About This Home

As of May 2022

Welcome to this lovely end unit condo in a luxury building. One of the largest units with an actual eat in kitchen and extra half bath! Features a large living and dining room with beautiful hardwood floors, private balcony, bright eat-in kitchen (one of the few units that have a window in the kitchen), adjacent powder room, large master bedroom with custom made California closet and master bath, second bedroom with private full bath, and separate laundry room. Included in sale: newer stainless steel refrigerator (2021), new washer/dryer (2019), dimmer light switches throughout, and custom made wood blinds on sliding glass door, a private locked storage space in the basement as well as one covered parking space (space #13). This elevator building is a commuter's dream situated across the street from the train station and NYC bus and a block away from stores and top rated restaurants. Pets friendly.

Last Listed By

Fara Espandi

The Agency Rutherford Realty Inc. Listed on: 02/01/2022

The Agency Rutherford Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,155

Year Built

  • 2005

Lot Details

  • 392

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,155

Year Built

2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 939-7500
  • MLS Status: Sold - Sold
  • Directions: On Orient Way
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: Yes
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 25, 2022
Sold by
Choi and Ok
Bought by
Nanjiani Mehreen
Seller's Agent
Fara Espandi
The Agency Rutherford Realty Inc.
Buyer's Agent
Meena Patel
Keller Williams Village Square Realty
List Price
$534,000
Sold Price
$513,000
Premium/Discount to List
-$21,000
-3.93%
Total Days on Market
49
Current Estimated Value
$605,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,757
Avg. Annual Appreciation
5.86%
Original Mortgage
$384,750
Outstanding Balance
$368,748
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$237,009

Purchase Details

Closed on
Jul 17, 2008
Sold by
Tria Nicholas
Bought by
Choi Jong and Choi Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2005
Sold by
Rutherford Center Development
Bought by
Armitage Eileen and Armitage Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,976
Interest Rate
5.81%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nanjiani Mehreen $513,000 Catic Title
Choi Jong $440,000 --
Armitage Eileen $354,640 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanjiani Mehreen $384,750
Previous Owner Choi Jong $219,000
Previous Owner Choi Jong $250,000
Previous Owner Tria Nicholas J $336,000
Previous Owner Tria Nicholas J $42,000
Previous Owner Armitage Eileen $285,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $513,000 -3.9% $376 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $534,000 -- $391 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,624 $415,000 $160,000 $255,000
2023 $12,321 $415,000 $160,000 $255,000
2022 $12,321 $415,000 $160,000 $255,000
2021 $12,155 $415,000 $160,000 $255,000
2020 $11,832 $415,000 $160,000 $255,000
2019 $11,367 $415,000 $160,000 $255,000
2018 $11,209 $415,000 $160,000 $255,000
2017 $11,051 $415,000 $160,000 $255,000
2016 $11,366 $436,500 $160,000 $276,500
2015 $11,057 $436,500 $160,000 $276,500
2014 $10,712 $436,500 $160,000 $276,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22003158

New Jersey MLS

APN: 56-00155-0000-00015-04-C0203