NOT LISTED FOR SALE

263 Amherst St East Orange, NJ 07018

Estimated Value: $541,000 - $624,094

8 Beds
3 Baths
-- Sq Ft
2,596 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $575,000

Est. 3% increase in value since last sale

Current estimated payment $4,083/month

122 Days on Market

About This Home

As of April 2024

This fully updated two family home is an incredible opportunity to owner occupy or purchase as investment property. The first unit consists of three bedrooms and one bathroom with a large eat in kitchen. The second unit features a four bedroom one bathroom apartment which consists of a living room and a dining room with beautiful wood coffered ceilings. This property also has a large partially finished basement with a full bathroom for some additional living and entertainment space with separate utilities.

Last Agent to Sell the Property

Alberto Wells

UBIREAL LLC Listed on: 12/08/2023

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,494

Lot Details

  • 2,596 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00012 / 00492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,494

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (646) 285-2456
  • MLS Status: Sold - Sold
  • Directions: Elmwood Ave to Amherst
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Remarks: Bedroom, Bathroom, Rec-Room

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2596.0

Tax Info

  • Tax Annual Amount: 9494.0
  • Tax Block: 00492
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Apr 16, 2024
Sold by
Acro Investments Llc
Bought by
Wengel Montero and Wengel Lisbeth Contreras
Seller's Agent
Alberto Wells
UBIREAL LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
147
Current Estimated Value
$591,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,024
Avg. Annual Appreciation
2.10%
Original Mortgage
$555,809
Outstanding Balance
$548,524
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$42,500

Purchase Details

Listed on
Jul 24, 2022
Closed on
Oct 20, 2022
Sold by
Legacies Unlimited Llc
Bought by
Acro Investments Llc
Seller's Agent
Kimya Nilsen
West of Hudson Real Estate
Buyer's Agent
Kimya Nilsen
West of Hudson Real Estate
List Price
$279,000
Sold Price
$330,000
Premium/Discount to List
$51,000
18.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.16%
Original Mortgage
$485,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 10, 2021
Sold by
Lennon Shirley A
Bought by
Legacies Unlimited Llc

Purchase Details

Closed on
Jun 11, 2003
Sold by
Mccadden Mary
Bought by
Lennon Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.28%
Source: Public Records

Range of Values:

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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
Wengel Montero $575,000 Elite Title
Acro Investments Llc $330,000 --
Legacies Unlimited Llc -- None Available
Lennon Shirley $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wengel Montero $31,133
Open Wengel Montero $555,809
Previous Owner Acro Investments Llc $485,000
Previous Owner Lennon Shirley A $187,500
Previous Owner Lennon Shirley $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $575,000 -2.5% --
04/08/2024 04/08/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $589,900 -1.7% --
12/08/2023 12/08/23 For Sale $599,900 +81.8% --
10/21/2022 10/21/22 Sold $330,000 +18.3% --
10/14/2022 10/14/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $279,000 0.0% --
08/04/2022 08/04/22 Pending -- -- --
07/24/2022 07/24/22 For Sale $279,000 -- --
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 $10,350 $554,600 $77,100 $477,500
2024 $10,350 $554,600 $77,100 $477,500
2023 $9,494 $326,700 $77,100 $249,600
2022 $9,494 $326,700 $77,100 $249,600
2021 $9,242 $166,800 $42,600 $124,200
2020 $9,124 $166,800 $42,600 $124,200
2019 $9,007 $166,800 $42,600 $124,200
2018 $8,895 $166,800 $42,600 $124,200
2017 $8,647 $166,800 $42,600 $124,200
2016 $8,512 $166,800 $42,600 $124,200
2015 $8,303 $166,800 $42,600 $124,200
2014 $8,187 $166,800 $42,600 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23037074

New Jersey MLS

APN: 05-00492-0000-00012