NOT LISTED FOR SALE

130 Elmwood Ave East Orange, NJ 07018

Estimated Value: $533,000 - $571,000

6 Beds
2 Baths
-- Sq Ft
5,998 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $480,000

Est. 14% increase in value since last sale

Current estimated payment $3,878/month

18 Days on Market

About This Home

As of July 2023

Very Large 2 family property with finished attic, off street parking, attached garage situated on a large corner lot. 1st flr is 2 bdrm, (poss 3rd) den/office, lvrm, dnrm and EIK. 2nd floor is the same layout plus 2 more bedrooms and an office in the finished attic. Lots or storage throughout. In addition to the attached garage it has two basements with laundry hookups. All separate utilities. New HWT. and boilers are less than 5yrs old. Property is owner occupied for many years, so currently there is no rental income. The property is located in a quite tree lined street in the Elmwood section of East Orange. Close proximity to schools, shopping and several houses of worship. Property will be delivered vacant by July for 1st floor, 2nd flr is currently vacant. Property is sold 'As-is" . No Known issues

Last Agent to Sell the Property

Mizell Ewing, Jr.

Coldwell Banker, Wayne Listed on: 05/18/2023

Coldwell Banker, Wayne

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,453

Lot Details

  • 5,998

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,998 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00059 / 00500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,453

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 973-694-8000
  • MLS Status: Sold - Sold
  • Directions: Central Ave to Shepard to Elmwood or Clinton to Elmwood
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5998.0

Tax Info

  • Tax Annual Amount: 9453.0
  • Tax Block: 00500
  • Tax Lot: 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 6, 2023
Sold by
Gaines Maria D
Bought by
Bailey Sherika and Williams Dothlyn Cummings
Seller's Agent
Mizell Ewing, Jr.
Coldwell Banker, Wayne
Buyer's Agent
Outside Agent
Outside Office
List Price
$440,000
Sold Price
$480,000
Premium/Discount to List
$40,000
9.09%
Views
388
Current Estimated Value
$548,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,112
Avg. Annual Appreciation
10.26%
Original Mortgage
$15,000
Interest Rate
6.96%

Purchase Details

Closed on
Dec 16, 2004
Sold by
Gaines Maruice
Bought by
Gaines Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.73%

Purchase Details

Closed on
Jul 10, 1990
Sold by
Gaines Veronica and Gaines Maurice
Bought by
Gaines Maurice W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bailey Sherika $480,000 Westcor Land Title
Gaines Maria $240,000 --
Gaines Maurice W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailey Sherika $15,000
Previous Owner Bailey Sherika $463,980
Previous Owner Gaines Maria C $40,000
Previous Owner Gaines Maria $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $480,000 +9.1% --
06/05/2023 06/05/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $440,000 -- --
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
2025 $10,689 $423,800 $84,000 $339,800
2024 $10,689 $337,400 $84,000 $253,400
2022 $9,805 $337,400 $84,000 $253,400
2021 $9,453 $170,600 $46,000 $124,600
2020 $9,332 $170,600 $46,000 $124,600
2019 $9,212 $170,600 $46,000 $124,600
2018 $9,098 $170,600 $46,000 $124,600
2017 $8,844 $170,600 $46,000 $124,600
2016 $8,706 $170,600 $46,000 $124,600
2015 $8,492 $170,600 $46,000 $124,600
2014 $8,373 $170,600 $46,000 $124,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23014917

New Jersey MLS

APN: 05-00500-0000-00059