NOT LISTED FOR SALE

120 Orchard St Unit B-5 East Rutherford, NJ 07073

Estimated Value: $357,000 - $411,000

2 Beds
1 Bath
-- Sq Ft
436 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $280,000

Est. 38% increase in value since last sale

Current estimated payment $2,525/month

260 Days on Market

Highlights

  • Property is near a park
  • Central Air
  • 5-minute walk to 9-11 Memorial Park
  • Intercom
  • Washer and Dryer

About This Home

As of September 2021

Third Floor corner unit in 16 Unit Elevator Building. Move-in Condition. LR/DA (12x19); MBR (11x14); BR (12x12). Mod Kitchen w/newer Refrig, stove, DW & sink. Double closets in each BR. Electric Heat pump & CAC 5 yrs. HW Htr & Wash/Dry 8 yrs. Floors: BR's w/w over slab, LR/DA laminate over slab. One Indoor parking space #8. Intercom to house phone from front door. Small community storage room on each floor plus storage by parking space in garage. 2 pets permitted but dogs must be under 40 pounds and the breed approved by the Association. Next to Federal Reserve Building and steps to NY Bus & Train and downtown Rutherford/East Rutherford. CONTINGENT UPON SELLER FINDING A HOME. All ages of features herein from Seller as approximate. NOTE:

Last Agent to Sell the Property

Doug Sinopoli

Meadowlands Realty, Inc. Listed on: 10/19/2020

Last Buyer's Agent

Marianne VonCappeln

Realty One Group Sunrise

Realty One Group Sunrise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,871

Lot Details

  • 436

Home Design

  • Built in the 1980s
  • Condominium

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Garage
  • Garage Door Opener

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 021200095 00001001600B5

Community Details

Overview

  • $181 Maintenance Fee
  • Maintenance fee includes Common Areas; Water; Parking
  • Association Phone (201) 933-4109
  • Property managed by Self-Managed

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,871

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Parks, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built: 1980's
  • Miscellaneous: Elevator, Intercom, WW/Carpet As In
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Ov/Rng/Ele, Refrigerator, Washer/Dryer
  • Stairs in unit: N
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: None
  • Laundry: In Unit
  • Items Not Included: Dining Area & Kitchen Light Fixture
  • Items Included: Refrigerator; Washer & Dryer

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: Gar Opener, 1 Car Garage, Pkg Space In

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Condo Number: 00B5

Association/Amenities

  • Maintenance Charges: 181.00
  • Maintenance Included Description: Common Areas; Water; Parking
  • Mgmt Company: Self-Managed
  • Management Phone: (201) 933-4109

Lot Info

  • County Name: BERGEN
  • Locale: 300
  • Lot: 00001
  • Lot Suffux: 0016

Rental Info

  • Pets: Pets Conditional

Tax Info

  • Tax: 4871
  • Assessor Parcel Number: 021200095 00001001600B5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Sep 1, 2021
Sold by
Bauer Marlene
Bought by
Falzarano Andrea
Seller's Agent
Doug Sinopoli
Meadowlands Realty, Inc.
Buyer's Agent
Marianne VonCappeln
Realty One Group Sunrise
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Current Estimated Value
$385,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,996
Avg. Annual Appreciation
10.09%
Original Mortgage
$80,000
Outstanding Balance
$73,485
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$329,552

Purchase Details

Closed on
May 30, 2003
Sold by
Kurt Muhtesem
Bought by
Bauer Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
5.83%

Purchase Details

Closed on
May 14, 2002
Sold by
Polito Ann M
Bought by
Kurt Muhtesem and Kurt Zeynep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Keenan Michael and Keenan Anne Marie
Bought by
Polito Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
7.19%

Purchase Details

Closed on
Nov 29, 1994
Sold by
Lella Peter and Lella Carol
Bought by
Kennan Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
9%
Source: Public Records

Range of Values:

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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
Falzarano Andrea $280,000 Westcor Land Title Ins Co
Bauer Marlene $173,500 --
Kurt Muhtesem $125,000 --
Polito Ann Marie $97,000 Society Hill Title Agency In
Kennan Anne Marie $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falzarano Andrea $80,000
Previous Owner Bauer Marlene $23,000
Previous Owner Bauer Marlene $98,000
Previous Owner Bauer Marlene $83,500
Previous Owner Kurt Muhtesem $118,750
Previous Owner Polito Ann Marie $87,300
Previous Owner Kennan Anne Marie $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $280,000 -3.4% --
07/06/2021 07/06/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $289,900 +3.5% --
03/30/2021 03/30/21 Off Market $280,000 -- --
10/19/2020 10/19/20 For Sale $289,900 -- --
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 $4,494 $278,400 $135,800 $142,600
2023 $4,714 $276,900 $138,200 $138,700
2022 $4,714 $269,200 $136,800 $132,400
2021 $4,495 $261,900 $133,400 $128,500
2020 $4,678 $257,200 $131,000 $126,200
2019 $4,871 $265,900 $140,000 $125,900
2018 $4,281 $240,800 $124,200 $116,600
2017 $3,920 $189,000 $84,600 $104,400
2016 $3,676 $189,000 $84,600 $104,400
2015 $3,718 $189,000 $84,600 $104,400
2014 $3,599 $189,000 $84,600 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20044222

New Jersey MLS

APN: 12-00095-0000-00001-16-C00B5