NOT LISTED FOR SALE

16 N 18th St East Orange, NJ 07017

Estimated Value: $555,987 - $617,000

6 Beds
2 Baths
-- Sq Ft
2,997 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $145,000

Est. 305% increase in value since last sale

Current estimated payment $4,252/month

215 Days on Market

About This Home

As of October 2018

THIS TURN-KEY 2 FAMILY GEM WAS TOTALLY RENOVATED IN 2008 BUT HAD SOME CONSTRUCTION ISSUES, PRICED TO SELL TO THE RIGHT INVESTORS OR BUYERS WITH 203K LOAN. NEEDS SOME TLC

Last Agent to Sell the Property

Jeanmichel Sery

JD Frances Realty Listed on: 02/02/2018

Last Buyer's Agent

Jeanmichel Sery

JD Frances Realty Listed on: 02/02/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 2,997 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built before the 1900s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 070500055 00042

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: Pre 1900
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Electric, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: Wall A/C

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00042
  • Estimated Lot Sq Ft: 2997
  • Lot Description: Regular

Tax Info

  • Tax: 8087
  • Assessor Parcel Number: 070500055 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Legend 216 Llc
Bought by
Fortune Fredner
Total Days on Market
215
Current Estimated Value
$587,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
2.65%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2018
Closed on
Oct 26, 2018
Sold by
Properties Solutions Grp
Bought by
Legend 216 Llc
Seller's Agent
Jeanmichel Sery
JD Frances Realty
Buyer's Agent
Jeanmichel Sery
JD Frances Realty
List Price
$184,999
Sold Price
$145,000
Premium/Discount to List
-$39,999
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.57%
Original Mortgage
$201,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2018
Closed on
Oct 16, 2018
Sold by
16 N 18Th Associates Llc
Bought by
Property Solutions Group
Seller's Agent
Jeanmichel Sery
JD Frances Realty
Buyer's Agent
Jeanmichel Sery
JD Frances Realty
List Price
$184,999
Sold Price
$145,000
Premium/Discount to List
-$39,999
-21.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2006

Purchase Details

Closed on
Apr 15, 1999
Sold by
Thompson Nathaniel
Bought by
Smith Alvin
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 Buyer Sale Price Title Company
Fortune Fredner $325,000 New Era Ttl & Seitlement Inc
Legend 216 Llc $145,000 Stewart Title Guaranty Compa
Property Solutions Group $145,000 Title Guarantee Inc
-- $143,000 --
Smith Alvin $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortune Fredner $319,113
Previous Owner Legend 216 Llc $201,000
Previous Owner 16 N 18Th Associates $18,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $145,000 -21.6% --
09/05/2018 09/05/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $184,999 -- --
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 $11,443 $361,200 $63,100 $298,100
2022 $10,496 $361,200 $63,100 $298,100
2021 $6,926 $125,000 $43,100 $81,900
2020 $6,838 $125,000 $43,100 $81,900
2019 $6,750 $125,000 $43,100 $81,900
2018 $8,319 $156,000 $43,100 $112,900
2017 $8,087 $156,000 $43,100 $112,900
2016 $7,961 $156,000 $43,100 $112,900
2015 $7,766 $156,000 $43,100 $112,900
2014 $7,656 $156,000 $43,100 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1803919

New Jersey MLS

APN: 05-00055-0000-00042