NOT LISTED FOR SALE

2 Vernon Place East Orange, NJ 07017

Estimated Value: $644,418 - $820,000

5 Beds
3 Baths
-- Sq Ft
4,452 Sq Ft Lot

Last Sold August 04, 2022

Last sale price $550,000

Est. 28% increase in value since last sale

Current estimated payment $4,917/month

36 Days on Market

About This Home

As of August 2022

This Large two-Units is gutted and renovated to meet all FHA Financing building codes, New roof, new kitchens and baths. Exterior is repainted. Seller will provide the buyer with Certificate Of Occupancy.

Last Agent to Sell the Property

Paul Anyanwu

Global Realty Resource Corp Listed on: 10/07/2021

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,940

Lot Details

  • 4,452 Sq Ft Lot
  • Lot Dimensions are 45 x 99

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00007 / 00163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,940

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 731-1200
  • MLS Status: Sold - Sold
  • Directions: Use MapQuest.Com
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: Full Basement

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 45 X 99
  • Lot Size Sq Ft: 4452.0

Tax Info

  • Tax Annual Amount: 10940.0
  • Tax Block: 00163
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
282 Park Avenue Llc
Bought by
Togba Bintou Toure
Current Estimated Value
$702,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2021
Sold by
Vergelin Oditte
Bought by
282 Park Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 1988
Sold by
Phillips Dawn A
Bought by
Vergelin Dessources and Vergelin Oditte
Source: Public Records

Range of Values:

Collateral Analytics

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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
Togba Bintou Toure $550,000 --
282 Park Avenue Llc $250,000 Cornerstone Title Agency Llc
Vergelin Dessources $130,000 --
Vergelin Dessources $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Togba Bintou Toure $540,038
Previous Owner Stormfield Spv I Llc $310,800
Previous Owner 282 Park Avenue Llc $310,800
Previous Owner 282 Park Avenue Llc $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $550,000 -3.3% --
11/12/2021 11/12/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $569,000 -- --
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 $13,065 $412,400 $69,100 $343,300
2024 $13,065 $412,400 $69,100 $343,300
2023 $11,984 $412,400 $69,100 $343,300
2022 $11,984 $412,400 $69,100 $343,300
2021 $11,082 $200,000 $58,500 $141,500
2020 $10,940 $200,000 $58,500 $141,500
2019 $10,800 $200,000 $58,500 $141,500
2018 $10,666 $200,000 $58,500 $141,500
2017 $10,368 $200,000 $58,500 $141,500
2016 $10,206 $200,000 $58,500 $141,500
2015 $9,956 $200,000 $58,500 $141,500
2014 $9,816 $200,000 $58,500 $141,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Anyanwu

    Seller's Agent in 2022

    Paul Anyanwu

    Global Realty Resource Corp

    (973) 985-4013

    9 in this area

    33 Total Sales

    Paul Anyanwu
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 21040364

New Jersey MLS

APN: 05-00163-0000-00007

New Jersey Essex County East Orange 07017

2 Vernon Place, East Orange, NJ

This home is located at 2 Vernon Place, East Orange, NJ 07017 since 07 October 2021 and is currently estimated at $702,605. 2 Vernon Place is a home located in Essex County with nearby schools including Mildred B. Garvin 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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