NOT LISTED FOR SALE

21-23 Lafayette St West Orange, NJ 07052

Estimated Value: $657,661 - $722,000

8 Beds
4 Baths
-- Sq Ft
4,099 Sq Ft Lot

Last Sold October 29, 2024

Last sale price $650,000

Est. 7% increase in value since last sale

Current estimated payment $4,939/month

41 Days on Market

About This Home

As of October 2024

Prime investment opportunity in West Orange! This 4-family property offers a total of 8 bedrooms and 4 full bathrooms, ideal for generating rental income. Each unit offers spacious living areas, with separate gas, heat, and electricity, providing convenience and flexibility for tenants and owners alike. On-street parking is available. Conveniently located near public transit, making commuting a breeze. Don't miss out on this chance to invest in a multi-family property with strong rental potential!

Last Agent to Sell the Property

Naeem Boucher

EXP Realty, LLC Listed on: 08/29/2024

EXP Realty, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,274

Lot Details

  • 4,099 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00026 / 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,274

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: I- 280 to Valley Rd. to Lafayette St.
  • Architectural Style: 4 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Remarks: Yes / Unfinished

Exterior Features

  • Disclosures: Seller's Agent

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4099.0

Tax Info

  • Tax Annual Amount: 15274.0
  • Tax Block: 00012
  • Tax Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 21, 2024
Sold by
21-23 Lafayette St Bh Llc
Bought by
Pro Property Reno Inc
Seller's Agent
Naeem Boucher
EXP Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Views
34
Current Estimated Value
$696,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,165
Avg. Annual Appreciation
6.69%

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 1, 2022
Sold by
Pd Beachwood Llc
Bought by
21-23 Lafayette St Bh Llc
Seller's Agent
Christopher Pillari
BOUTIQUE REALTY LLC
Buyer's Agent
LAZAROS VASTARDOS
UNITED REAL ESTATE
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$465,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2022
Sold by
Essex County Sheriff
Bought by
Progress Direct Llc and Bergenfield Ventures Lw

Purchase Details

Closed on
Oct 19, 2017
Sold by
Abc Investment Llc
Bought by
Orange Lp Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.88%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Jul 14, 2014
Sold by
Fannie Mae
Bought by
Abc Investment Llc
Seller's Agent
PALOMA REIS
KELLER WILLIAMS REALTY
Buyer's Agent
SHIRLEY E. HULSE
GLOBAL REALTY RESOURCE
Sold Price
$177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Indymac Bank Fsb
Bought by
Hernandez Maria

Purchase Details

Closed on
Jun 24, 2005
Sold by
Abraham Powels P
Bought by
Hernandez Maria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,600
Interest Rate
5.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Pro Property Reno Inc $650,000 Chicago Title Insurance Compan
21-23 Lafayette St Bh Llc $620,000 Cornerstone Title Agency
Progress Direct Llc $301,000 First Jersey Title Services
Orange Lp Ventures Llc $415,000 --
Abc Investment Llc $177,500 --
Abc Investment Llc $177,500 --
Hernandez Maria -- None Available
Hernandez Maria V $399,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 21-23 Lafayette St Bh Llc $465,000
Previous Owner Orange Lp Ventures Llc $310,000
Previous Owner Orange Lp Ventures Llc --
Previous Owner Hernandez Maria V $319,600
Closed Hernandez Maria --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Sold $650,000 -5.7% --
10/09/2024 10/09/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $689,000 +11.1% --
09/09/2022 09/09/22 Sold $620,000 -4.5% -- View Prior Sale
07/12/2022 07/12/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $649,000 +265.6% --
07/17/2014 07/17/14 Sold $177,500 -- -- View Prior Sale
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 $15,275 $678,300 $202,700 $475,600
2024 $15,275 $332,200 $81,500 $250,700
2023 $14,740 $332,200 $81,500 $250,700
2022 $14,740 $332,200 $81,500 $250,700
2021 $14,464 $332,200 $81,500 $250,700
2020 $14,231 $332,200 $81,500 $250,700
2019 $13,823 $332,200 $81,500 $250,700
2018 $13,414 $332,200 $81,500 $250,700
2017 $13,241 $332,200 $81,500 $250,700
2016 $12,923 $332,200 $81,500 $250,700
2015 $12,680 $332,200 $81,500 $250,700
2014 $12,431 $332,200 $81,500 $250,700
Source: Public Records

Agents Affiliated with this Home

  • Naeem Boucher

    Seller's Agent in 2024

    Naeem Boucher

    EXP Realty, LLC

    (973) 405-0095

    1 in this area

    79 Total Sales

    Naeem Boucher
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

  • Christopher Pillari

    Seller's Agent in 2022

    Christopher Pillari

    BOUTIQUE REALTY LLC

    (201) 668-2848

    3 in this area

    80 Total Sales

    Christopher Pillari
    Section Image

  • L

    Buyer's Agent in 2022

    LAZAROS VASTARDOS

    UNITED REAL ESTATE

  • P

    Seller's Agent in 2014

    PALOMA REIS

    KELLER WILLIAMS REALTY

  • S

    Buyer's Agent in 2014

    SHIRLEY E. HULSE

    GLOBAL REALTY RESOURCE

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24027911

New Jersey MLS

APN: 22-00012-0000-00026

New Jersey Essex County West Orange 07050

21-23 Lafayette St, West Orange, NJ

Not Listed for Sale

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