Seller's Agent in 2022
DARRELL BAILEY
EXP REALTY, LLC
(866) 201-6210
9 in this area
160 Total Sales
229 N Center St Orange, NJ 07050
4
Beds
1
Bath
1,533
Sq Ft
4,356
Sq Ft Lot
Highlights
- Colonial Architecture
- Formal Dining Room
- Eat-In Kitchen
- Fireplace in Kitchen
- Porch
- Living Room
About This Home
As of January 2022POTENTIAL 2 FAMILY ! This is a 3/4 bedroom single family home spread over 3 floors located on the large rectangular zoned for 2 family lot located in the City of Orange. This home requires a full renovation and is currently zoned for a 2 family. There is an option to extend the home at the rear due to the large back garden. The home currently has a shared driveway. A great opportunity to demolish the existing building and construct a new construction single or multifamily property. FHA 203K Loan, Cash, Hard Money, Private Lending or Renovation Loan will be required. After repair value $375K - $425K renovations approximately a $100K plus depending on your scope of work. The seller finalized signed as seal architectural drawings and survey that will only be provided once an offer has been presented. The home is located in a quiet one way street in the City of Orange in one of the most sought after areas of New Jersey. Walking distance to Park Ave and Washington St. Local train station and bus transportation to New York. Close to I-280 and Garden State Parkway. Please be careful when entering the building and only attend during daylight hours as there is no electricity or lights on site.Highest & Best will take place on 11/08/2021 @ 5pm
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,805
Year Built
- Built in 1926
Lot Details
- 4,356 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Colonial Architecture
- Fixer Upper
- Wood Shingle Roof
Interior Spaces
- Living Room
- Formal Dining Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Parking
- 1 Parking Space
- Shared Driveway
Outdoor Features
- Porch
Listing and Financial Details
- Assessor Parcel Number 1617-01006-0000-00040-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2022
Sold by
Brite-Life Llc
Bought by
Strange Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.66%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 25, 2021
Closed on
Dec 10, 2021
Sold by
Kleos Ventures Llc
Bought by
Brite Life Llc
Seller's Agent
DARRELL BAILEY
EXP REALTY, LLC
Buyer's Agent
RAEEMAH REDD
KELLER WILLIAMS - NJ METRO GROUP
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.67%
Original Mortgage
$282,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Elite Title | |
| Deed | $170,000 | Elite Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $501,000 | Construction | |
| Closed | $406,000 | Construction | |
| Previous Owner | $282,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $170,000 | +6.3% | $111 / Sq Ft |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $160,000 | -- | $104 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $6,921 | $505,500 | $83,200 | $422,300 |
| 2024 | $6,921 | $559,600 | $83,200 | $476,400 |
| 2022 | $6,436 | $185,700 | $83,200 | $102,500 |
| 2021 | $4,953 | $85,700 | $50,200 | $35,500 |
| 2020 | $4,805 | $85,700 | $50,200 | $35,500 |
| 2019 | $4,555 | $85,700 | $50,200 | $35,500 |
| 2018 | $4,482 | $85,700 | $50,200 | $35,500 |
| 2017 | $4,174 | $85,700 | $50,200 | $35,500 |
| 2016 | $4,095 | $85,700 | $50,200 | $35,500 |
| 2015 | $3,988 | $85,700 | $50,200 | $35,500 |
| 2014 | $3,813 | $85,700 | $50,200 | $35,500 |
Source: Public Records
Agents Affiliated with this Home
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-
R
Buyer's Agent in 2022
RAEEMAH REDD
KELLER WILLIAMS - NJ METRO GROUP
(973) 441-6350
7 in this area
47 Total Sales
Map
Source: Garden State MLS
MLS Number: 3748462
APN: 17-01006-0000-00040
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