NOT LISTED FOR SALE

193 Chapman St Orange, NJ 07050

Estimated Value: $415,000 - $551,000

6 Beds
3 Baths
2,094 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $400,000 $191 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,492/month

11 Days on Market

Highlights

  • Private Yard
  • Private Entrance
  • Fenced
  • Heating System Uses Steam
  • Utility Room
  • Level Lot

About This Home

As of March 2024

Look no further for Your Next Great Investment Opportunity! Multifamily home in Orange boasts endless possibilities. Live in 1 unit while renting out the other, or rent out both for maximum gain! Upon entrance of the 1st Floor Unit you will find Vinyl Plank Flooring throughout. Spacious light & bright Living Rm. Eat In Kitchen offers SS Appliances and a plethora of cabinetry. 3 Sizable Bedrooms with ample closet space and Full Bath with tub shower & ceramic tile floor completes this 1st floor Unit. Make your way upstairs to Unit 2 where you will find a large Living Rm. Eat in Kitchen offers SS Appliances, Granite Counters, and a plethora of premium cabinetry. 3 Generous Bedrooms and full bath with tub shower completes this Upper level Unit. Full Basement waiting to be fully finished holds a Kitchen, Bonus Rooms, Full Bath with Stall Shower, Storage Area, Laundry Facility, & Utilities. Relax outdoors in the plush yard, completely fenced in for your privacy. Close to shopping, restaurants, Major Hwys & public transportation for an easy commute! Come see for yourself!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 11/20/2023

RE/MAX 1st ADVANTAGE

Co-Listed By

Nick Homcy

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,287

Year Built

  • Built in 1916

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 1000.00 x 50.00
  • Private Entrance
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,094 Sq Ft Home
  • 2-Story Property
  • Utility Room

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Kitchen in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,287

Year Built

Built in 1916

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 1000.00 x 50.00
  • Co List Office Mls Id: RFIR01
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1916
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Partially Finished, Full, Bath Full, Other Room(s), Storage Space, Interior Entry, Utility Room, Kitchen, Laundry Facilities
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2094
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level
  • Exterior Features: Curbs, Sidewalk, Fencing/Wall, Yard, Semi-Private Entry
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 2500

Tax Info

  • Tax Annual Amount: 10287
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 28, 2024
Sold by
Freeman Hugo and Freeman Laveta
Bought by
Dumey Walkentz and Ficien Wislande
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Views
101
Current Estimated Value
$498,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,710
Avg. Annual Appreciation
12.17%
Original Mortgage
$388,685
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2004
Sold by
Evans Daryl Mccall
Bought by
Freeman Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.85%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Motley Enterprises
Bought by
Evans Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,822
Interest Rate
6.84%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Sec Of Hud
Bought by
Motley Ent

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
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dumey Walkentz $400,000 Simplicity Title
Freeman Hugo $165,000 --
Evans Daryl $139,000 --
Motley Ent $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dumey Walkentz $388,685
Previous Owner Freeman Hugo $132,000
Previous Owner Evans Daryl $136,822
Previous Owner Motley Ent $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $400,000 +2.8% $191 / Sq Ft
11/20/2023 11/20/23 For Sale $389,000 -- $186 / Sq Ft
Source: All Jersey MLS

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 $11,062 $296,800 $90,000 $206,800
2024 $11,062 $296,800 $90,000 $206,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2024

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    10 in this area

    2,537 Total Sales

    Robert Dekanski
    Section Image
  • Nick Homcy

    Seller Co-Listing Agent in 2024

    Nick Homcy

    RE/MAX

    (732) 382-0200

    2 in this area

    341 Total Sales

    Nick Homcy
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2405613R

All Jersey MLS

APN: 17-03402-0000-00040

New Jersey Essex County Orange 07050

193 Chapman St, Orange, NJ

Not Listed for Sale

MultiFamily

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