$590,000
SOLD DEC 3, 2024

116 Elm St Orange, NJ 07050

7 Beds
3 Baths
2,840 Sq Ft
10,350 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

27 Days on Market

About This Home

As of January 2025

A large two family in move-in condition, ground level features formal living room, dining room, eat-in kitchen, bathroom hardwood floors, porch, and carpet. Second floor is spacious with living room and three large bedrooms and a full bathroom. Master's bedroom has a door that leads to an open porch. Third Level has two large bedrooms and a full bathroom and a fire escape. This property has been well maintained and also have a shade in the backyard for extra storage. Lots of pantry spaces. Seller will prove Certificate of Habitability from the Municipality at closing.

Last Agent to Sell the Property

Paul Anyanwu

Global Realty Resource Corp Listed on: 10/12/2024

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,444

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 10,350 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00015 / 01803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,444

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 731-1200
  • MLS Status: Sold - Sold
  • Directions: Park PL To ELM ST
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: Partially Finished

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 10350.0

Tax Info

  • Tax Annual Amount: 18444.0
  • Tax Block: 01803
  • Tax Lot: 00015

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
6.74%
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: 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 $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

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Map

Source: New Jersey MLS

MLS Number: 24033083

New Jersey MLS

APN: 17-01803-0000-00015