NOT LISTED FOR SALE

255 Rhode Island Ave Unit B East Orange, NJ 07018

Estimated Value: $741,000 - $834,095

2 Beds
2 Baths
-- Sq Ft
4,095 Sq Ft Lot

About This Home

This home is located at 255 Rhode Island Ave Unit B, East Orange, NJ 07018 and is currently estimated at $784,524. 255 Rhode Island Ave Unit B is a home located in Essex County with nearby schools including Benjamin Banneker Academy, John L Costley Middle School, and Patrick F Healy Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
255 Rhode Island Ave Llc
Bought by
12 Montrose Llc
Current Estimated Value
$784,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$628,172
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$156,352

Purchase Details

Closed on
Jun 22, 2021
Sold by
Farkas Larry and Farkas Feige M
Bought by
225 Rhode Island Ave Llc

Purchase Details

Closed on
Aug 12, 2020
Sold by
Clitus Neila
Bought by
Farkas Larry and Farkas Feige M

Purchase Details

Closed on
Nov 30, 2007
Sold by
Us Bank Na
Bought by
Clitus Neila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2007
Sold by
George Donnahue
Bought by
U S Bank Na

Purchase Details

Closed on
Feb 27, 2003
Sold by
Jones Norma Jean
Bought by
George Donnahue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.94%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Lexis Realty Management Inc
Bought by
Jones Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.39%

Purchase Details

Closed on
Aug 16, 1997
Sold by
Fraser Winston
Bought by
Daniels Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.42%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
12 Montrose Llc $800,000 None Listed On Document
225 Rhode Island Ave Llc -- Madison Title Agency Llc
Farkas Larry $330,000 Madison Title Agency Llc
Clitus Neila $254,900 First American Title Ins Co
U S Bank Na -- None Available
George Donnahue $155,000 --
Jones Norma $135,000 --
Daniels Kevin $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 Montrose Llc $640,000
Previous Owner Clitus Neila $203,920
Previous Owner George Donnahue $124,000
Previous Owner Jones Norma $108,000
Previous Owner Daniels Kevin $130,000
Source: Public Records

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 $13,268 $729,600 $80,200 $649,400
2024 $13,268 $418,800 $80,200 $338,600
2022 $12,170 $418,800 $80,200 $338,600
2021 $12,273 $221,500 $44,100 $177,400
2020 $12,116 $221,500 $44,100 $177,400
2019 $11,961 $221,500 $44,100 $177,400
2018 $11,813 $221,500 $44,100 $177,400
2017 $11,483 $221,500 $44,100 $177,400
2016 $11,303 $221,500 $44,100 $177,400
2015 $11,026 $221,500 $44,100 $177,400
2014 $10,871 $221,500 $44,100 $177,400
Source: Public Records

Map