$599,000
PENDING

227 Waverly Place South Orange, NJ 07079

Estimated payment $4,556/month

Total Views 9,415
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1-minute walk to Carter Park
  • South Mountain Elementary School Rated A-
  • Formal Dining Room

About This Home

Spacious 5 Bed, 2 Bath House - Blocks from University! Ideally situated just a short walk or bike ride from Seaton Hall University, this substantial 5 bedroom, 2 bathroom home presents a prime opportunity for investors seeking a strong return. With its desirable location and capacity to house multiple tenants, this property offers excellent income potential, whether rented as a whole or by the room. Enjoy high rental demand fueled by the university's student and faculty population. While the property may benefit from some updates, its potential for appreciation and rental income growth makes it an attractive asset in the thriving student housing market

Listing Agent

Charlene Adjetey-Nwokoro

WEICHERT REALTORS Brokerage Phone: 973-666-8843 Listed on: 07/01/2025

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,500

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Formal Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1619-02109-0000-00030-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,500

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1907
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2020
  • Street Number Display: 227
  • Directions: Irvington Ave to Waverly Place
  • I D: 5368721
  • Modified: 2025-08-15
  • Number Images: 28
  • Attribution Contact: 973-666-8843
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 9
  • Bedrooms: 5
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: Hard Surface, On-Street Parking

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .069 AC
  • Assessed Improvement Value: 346800
  • Assessed Land Value: 271000
  • Assessment: 617800
  • Easement: Unknown
  • Lot Identifier: 30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15500
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-02109-0000-00030-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.509
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,192 $617,800 $271,000 $346,800
2024 $14,192 $617,800 $271,000 $346,800
2022 $13,684 $390,200 $205,000 $185,200
2021 $13,208 $390,200 $205,000 $185,200
2020 $12,799 $390,200 $205,000 $185,200
2019 $10,621 $332,100 $205,000 $127,100
2018 $10,461 $332,100 $205,000 $127,100
2017 $10,202 $332,100 $205,000 $127,100
2016 $8,636 $225,600 $115,000 $110,600
2015 $8,435 $225,600 $115,000 $110,600
2014 $8,259 $225,600 $115,000 $110,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $599,000 +140.6% --
05/17/2019 05/17/19 Sold $249,000 0.0% $187 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $249,000 -- $187 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $249,000 Title Exprets Llc
Deed $200,000 --
Deed $117,000 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Closed $100,000 New Conventional
Previous Owner $75,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $260,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $26,000 Unknown
Previous Owner $17,000 Unknown
Previous Owner $223,000 New Conventional
Previous Owner $196,910 No Value Available
Previous Owner $113,000 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3972710

Garden State MLS

APN: 19-02109-0000-00030