$590,000
SOLD JAN 15, 2025

116 Elm St Orange, NJ 07050

-- Bed
-- Bath
2,840 Sq Ft
10,350 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

16% Below List Price

27 Days on Market

About This Home

As of January 2025

This home is located at 116 Elm St, Orange, NJ 07050 and is currently priced at $590,000, approximately $207 per square foot. This property was built in 1904. 116 Elm St is a home located in Essex County with nearby schools including East Orange Community Charter School.

Last Agent to Sell the Property

Paul Anyanwu

GLOBAL REALTY RESOURCE Brokerage Phone: 973-731-1200 Listed on: 10/12/2024

Last Buyer's Agent

DAVID MARIN-TOBAR

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,445

Year Built

  • Built in 1904

Lot Details

  • 10,350 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,445

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Year Built: 1904
  • County Name: Essex
  • Street Number Display: 116
  • I D: 5318600
  • Modified: 2025-01-15
  • Number Images: 0
  • Attribution Contact: 973-731-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 10350 SF
  • Total Acres: 0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Jan 6, 2025
Sold by
Sumlar Travis M
Bought by
Mendez Jorge Tecun and Mendez Ana Tecun
Seller's Agent
Paul Anyanwu
GLOBAL REALTY RESOURCE
Buyer's Agent
DAVID MARIN-TOBAR
WEICHERT REALTORS
List Price
$699,000
Sold Price
$590,000
Premium/Discount to List
-$109,000
-15.59%
Views
35
Current Estimated Value
$609,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,559
Avg. Annual Appreciation
6.60%
Original Mortgage
$442,500
Outstanding Balance
$441,317
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$168,242

Purchase Details

Closed on
Jan 15, 2020
Sold by
Sumlar Willie L and Sumlar Rosa M
Bought by
Sumlar Travis M

Purchase Details

Closed on
Jan 6, 2012
Sold by
Sumblar Willie L and Sumblar Rosa
Bought by
Sumlar Willie Lee and Sumlar Rose Mae
Source: Public Records

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 Type Sale Price Title Company
Deed $590,000 Clear Skies Title
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $590,000 -15.6% $208 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $699,000 -- $246 / Sq Ft
Source: Garden State 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 $18,445 $494,900 $156,200 $338,700
2022 $17,153 $494,900 $156,200 $338,700
2021 $15,970 $276,300 $39,800 $236,500
2020 $15,492 $276,300 $39,800 $236,500
2019 $14,685 $276,300 $39,800 $236,500
2018 $14,450 $276,300 $39,800 $236,500
2017 $13,456 $276,300 $39,800 $236,500
2016 $13,202 $276,300 $39,800 $236,500
2015 $12,856 $276,300 $39,800 $236,500
2014 $12,293 $276,300 $39,800 $236,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Anyanwu

    Seller's Agent in 2025

    Paul Anyanwu

    GLOBAL REALTY RESOURCE

    (973) 985-4013

    6 in this area

    35 Total Sales

    Paul Anyanwu
    Section Image

  • D

    Buyer's Agent in 2025

    DAVID MARIN-TOBAR

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3929114

Garden State MLS

APN: 17-01803-0000-00015

New Jersey Essex County Orange 07050

116 Elm St, Orange, NJ

This home is located at 116 Elm St, Orange, NJ 07050 and is currently priced at $590,000, approximately $207 per square foot. This property was built in 1904. 116 Elm St is a home located in Essex County with nearby schools including East Orange Community Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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