NOT LISTED FOR SALE

199 Hoffman Blvd East Orange, NJ 07017

Estimated Value: $569,000 - $728,000

5 Beds
2.5 Baths
-- Sq Ft
3,297 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $550,000

Est. 17% increase in value since last sale

Current estimated payment $4,161/month

16 Days on Market

About This Home

As of September 2023

Get it While it's Hot! Beautifully well kept two family home , with vacant 2 bedroom first floor unit and occupied 3 bedroom second floor unit on month to month lease. Loads of income opportunity with this home , full unfinished basement with half bath ready for personal touch & 5+ car parking! This property is 5 mins from the GS Parkway, 40 mins to NYC. Investors looking to obtain a rental property or home buyers looking to make a smart investments are both welcomed! Come and take a tour today!

Last Agent to Sell the Property

Destiny Gonzalez

Mendez Grp LLC Listed on: 07/03/2023

Last Buyer's Agent

Julian Velasquez

RE/MAX Professionals 1

RE/MAX Professionals 1

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,300

Lot Details

  • 3,297 Sq Ft Lot
  • Lot Dimensions are 33x100

Parking

  • 5 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00001 / 00117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,300

Lot Details

0

Parking

5

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 598-9408
  • MLS Status: Sold - Sold
  • Directions: Off N Grove St
  • 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
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Basement Remarks: full unfinished 1/2 bath

Exterior Features

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

Garage/Parking

  • Garage Spaces: 5.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 33x100
  • Lot Size Sq Ft: 3297.0

Tax Info

  • Tax Annual Amount: 10300.0
  • Tax Block: 00117
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Sep 8, 2023
Sold by
Townes Willie
Bought by
Vasquez Kelly and Anjo Bryan E
Seller's Agent
Destiny Gonzalez
Mendez Grp LLC
Buyer's Agent
Julian Velasquez
RE/MAX Professionals 1
List Price
$450,000
Sold Price
$550,000
Premium/Discount to List
$100,000
22.22%
Views
166
Current Estimated Value
$643,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,269
Avg. Annual Appreciation
6.95%
Original Mortgage
$436,507
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2016
Sold by
Gil Townes Leslie and Townes Willie
Bought by
Townes Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2002
Sold by
Dickerson Sandra
Bought by
Townes Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.19%
Source: Public Records
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
Vasquez Kelly $550,000 Nu World Title
Townes Willie -- Title365
Townes Leslie $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Kelly $436,507
Previous Owner Townes Willie $179,900
Previous Owner Townes Leslie $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $550,000 +22.2% --
07/19/2023 07/19/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $450,000 -- --
Source: New 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 $9,773 $494,500 $89,700 $404,800
2024 $9,773 $499,800 $89,700 $410,100
2022 $8,965 $308,500 $89,700 $218,800
2021 $10,323 $186,300 $71,300 $115,000
2020 $10,191 $186,300 $71,300 $115,000
2019 $10,060 $186,300 $71,300 $115,000
2018 $9,935 $186,300 $71,300 $115,000
2017 $9,658 $186,300 $71,300 $115,000
2016 $9,507 $186,300 $71,300 $115,000
2015 $9,274 $186,300 $71,300 $115,000
2014 $9,144 $186,300 $71,300 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23020452

New Jersey MLS

APN: 05-00117-0000-00001-10