NOT LISTED FOR SALE

161 N Oraton Pkwy East Orange, NJ 07017

Estimated Value: $618,065 - $654,000

8 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $417,500

Est. 49% increase in value since last sale

Current estimated payment $4,417/month

44 Days on Market

About This Home

As of December 2021

Great Income Property!! Legal Three Family with Separate Utilities. Newer Kitchens and Bathrooms. Unit 1- 3BR/1BA $1,800. Unit 2- 3BR/1BA- Vacant. Unit 3- 2BR/1BA- $1,200. Live in one unit and rent out the others or use as Investment Property. Tenants pay own Utilities. Strictly ''As Is'' Sale.

Last Agent to Sell the Property

Peter DiCataldo

RE/MAX Central License #1860594 Listed on: 06/01/2021

Last Buyer's Agent

Peter DiCataldo

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,695

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27 x 99

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas, electricity
  • Assessor Parcel Number 05-00270-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,695

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 27 x 99
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 27 x 99
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 05-00270-0000-00002
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Sewer, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11695.0
  • Tax Other Annual Assessment Amount: 213800.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Gombo Chana and Gombo Cheskel
Bought by
161 North Oraton Llc
Current Estimated Value
$623,773

Purchase Details

Listed on
Jun 1, 2021
Closed on
Dec 8, 2021
Sold by
Zvi Hecht
Bought by
161 North Oraton Llc
Seller's Agent
Peter DiCataldo
RE/MAX Central
Buyer's Agent
Peter DiCataldo
RE/MAX Central
List Price
$449,900
Sold Price
$417,500
Premium/Discount to List
-$32,400
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$368,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2019
Sold by
Oraton Parkway Llc
Bought by
Hecht Zvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Yym Partners Llc
Bought by
Oraton Parkway Llc

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
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
1316 Warren Midwest Equit
Bought by
Yym Partners Llc

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
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1998
Sold by
Welsh Julit A
Bought by
Mickens Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,881
Interest Rate
6.84%

Purchase Details

Closed on
Mar 26, 1993
Sold by
Mcfarlane Janet
Bought by
Welsh Julit and Welsh Mcfarlane,Janet

Purchase Details

Closed on
Jul 11, 1990
Sold by
Mcfarlane Janet and Mcfarlane Muray,Lynn
Bought by
Mcfarland Janet
Source: Public Records

Range of Values:

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Average Value
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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
161 North Oraton Llc -- None Listed On Document
161 North Oraton Llc $417,500 Klein Gerald J
Hecht Zvi -- Cross Bridge Title
Oraton Parkway Llc $140,000 --
Yym Partners Llc -- --
Mickens Virginia $98,000 --
Welsh Julit -- --
Mcfarland Janet $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 161 North Oraton Llc $368,000
Previous Owner Hecht Zvi $280,000
Previous Owner Oraton Parkway Llc $210,000
Previous Owner Yym Partners Llc $210,000
Previous Owner 171 N Oraton Pkwy Llc $169,650
Previous Owner Micicens Virginia $161,500
Previous Owner Mickens Virginia $164,000
Previous Owner Mickens Virginia $154,900
Previous Owner Mickens Virginia $139,300
Previous Owner Mickens Virginia $96,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $417,500 -7.2% --
07/15/2021 07/15/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $449,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $12,222 $385,800 $65,200 $320,600
2024 $12,222 $385,800 $65,200 $320,600
2022 $11,211 $385,800 $65,200 $320,600
2021 $11,847 $213,800 $56,600 $157,200
2020 $11,695 $213,800 $56,600 $157,200
2019 $11,545 $213,800 $56,600 $157,200
2018 $11,402 $213,800 $56,600 $157,200
2017 $11,083 $213,800 $56,600 $157,200
2016 $10,910 $213,800 $56,600 $157,200
2015 $10,643 $213,800 $56,600 $157,200
2014 $10,493 $213,800 $56,600 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Peter DiCataldo

    Seller's Agent in 2021

    Peter DiCataldo

    RE/MAX

    (732) 939-2906

    1 in this area

    21 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117208

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 05-00270-0000-00002

New Jersey Essex County East Orange 07017

161 N Oraton Pkwy, East Orange, NJ

This home is located at 161 N Oraton Pkwy, East Orange, NJ 07017 since 01 June 2021 and is currently estimated at $637,266. This property was built in 1925. 161 N Oraton Pkwy is a home located in Essex County with nearby schools including Cicely Tyson Com Elementary School, Sojourner Truth Middle School, and John L Costley Middle 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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