NOT LISTED FOR SALE

223 Orient Way Rutherford, NJ 07070

Estimated Value: $740,000 - $1,012,000

5 Beds
2 Baths
2,925 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $600,000 $205 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,107/month

342 Days on Market

About This Home

As of June 2022

This two family home situated on a large property 75x140 with a huge backyard and long driveway can fit many cars, steps away from NYC/ NJ buses, close to Rutherford train station, downtown, school and all major highways. First floor units offer: living room, large eat-in kitchen, dining room, three bedroom and full bath. Second units offer: living room, bedroom, small room/office, kitchen and full bath. Third floor, walk up attic with large room and bedroom. Oil heat with above ground tank, underground tank had been removed, in the process of cleaning the soil, the document will be provided with "NFA" by state. Property being sold "AS IS" condition. Seller will obtain Certificate Of Occupancy.

Last Agent to Sell the Property

Fara Espandi

The Agency Rutherford Realty Inc. Listed on: 04/08/2021

The Agency Rutherford Realty Inc.

Last Buyer's Agent

Fara Espandi

The Agency Rutherford Realty Inc. Listed on: 04/08/2021

The Agency Rutherford Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,410

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 75x140

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 00152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,410

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-939-7500
  • MLS Status: Sold - Sold
  • Directions: on Orient Way
  • 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
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 75x140
  • Lot Size Sq Ft: 10498.0

Tax Info

  • Tax Annual Amount: 16410.0
  • Tax Block: 00152
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 22, 2022
Sold by
Yi Hee Y and Yi Nampyo
Bought by
Kazerani Emad
Seller's Agent
Fara Espandi
The Agency Rutherford Realty Inc.
Buyer's Agent
Fara Espandi
The Agency Rutherford Realty Inc.
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
$865,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,346
Avg. Annual Appreciation
12.01%
Original Mortgage
$450,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2000
Sold by
Soga Joseph and Soga Dolores Joan
Bought by
Yi Hee Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
8.48%
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
Kazerani Emad $600,000 Nuco Title
Kazerani Emad $600,000 Nuco Title
Yi Hee Y $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazerani Emad $500,000
Closed Kazerani Emad $450,000
Previous Owner Yi Hee Y $199,165
Previous Owner Yi Hee Y $246,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $600,000 +4.3% $205 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $575,000 -4.2% $197 / Sq Ft
08/30/2021 08/30/21 Off Market $600,000 -- --
04/15/2021 04/15/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $575,000 -- $197 / Sq Ft
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 $17,955 $575,300 $267,700 $307,600
2024 $17,501 $575,300 $267,700 $307,600
2023 $17,081 $575,300 $267,700 $307,600
2022 $17,081 $575,300 $267,700 $307,600
2021 $16,851 $575,300 $267,700 $307,600
2020 $16,402 $575,300 $267,700 $307,600
2019 $15,757 $575,300 $267,700 $307,600
2018 $15,539 $575,300 $267,700 $307,600
2017 $15,320 $575,300 $267,700 $307,600
2016 $14,981 $575,300 $267,700 $307,600
2015 $14,572 $575,300 $267,700 $307,600
2014 $14,118 $575,300 $267,700 $307,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21012916

New Jersey MLS

APN: 56-00152-0000-00011