$96,000
SOLD JUL 8, 2024

Prospect Towers 275 Prospect St Unit 11G East Orange, NJ 07017

1 Bed
1 Bath
798 Sq Ft
235 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

7% Above List Price

30 Days on Market

Highlights

  • Property is near public transit
  • Galley Kitchen
  • Ceiling Fan
  • L-Shaped Dining Room
  • Ceramic Tile Flooring
  • Radiator

About This Home

As of July 2024

Spacious Living Area: Step into the bright and open living room, where large windows flood the space with natural light and offer stunning views of the surrounding area. It's the perfect spot for relaxing or entertaining guests. Updated Kitchen: The kitchen has been thoughtfully updated with modern appliances, sleek countertops, and ample cabinet space.Comfortable Bedroom: The large bedroom features plenty of closet space and is a serene retreat at the end of the day. You'll love the peaceful ambiance and tranquil views from your window. Stylish Bathroom: The bathroom is elegantly designed with contemporary fixtures, providing a clean and refreshing experience. Building Amenities: Enjoy the convenience of a 24-hour doorman, secure entry, on-site laundry facilities, . Great Location:Condo is close to public transportation, shopping, dining, and entertainment options. Commuting to Manhattan is a breeze with easy access to the train station and major highways. Parking and Storage: The building offers secure parking options and additional storage space for your convenience. Whether you're a first-time homebuyer, downsizer, or investor, this 1-bedroom condo at 275 Prospect St, Unit 11G, is a fantastic opportunity. Don't miss outschedule your private tour today!

Last Listed By

Celadawn Reid

KELLER WILLIAMS ELITE REALTORS Listed on: 05/01/2024

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1963

Parking

  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 798 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • L-Shaped Dining Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Underground Utilities
  • Private Water Source
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, maintenance structure
  • Prospect Towers Subdivision
  • 11-Story Property

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $471

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,244

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0054
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Prospect Towers
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Highrise
  • Property Attached Yn: No
  • Building Stories: 11
  • Structure Type: Highrise
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 11

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L, Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Galley Type
  • Appliances: Dishwasher, Gas Range/Oven, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Parquet
  • Interior Amenities: Blinds, 1 Bedroom, Kitchen, Bath Full, Dining Room, None
  • Living Area: 798
  • Stories: 11
  • Window Features: Blinds

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Exterior Features: Curbs, Sidewalk
  • Roof: Flat

Garage/Parking

  • Parking Features: None, See Remarks, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure

Lot Info

  • Lot Size Sq Ft: 235

Multi Family

  • Maintenance Expense: 471

Tax Info

  • Tax Annual Amount: 3244
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 3, 2024
Sold by
Goldstein Mark
Bought by
Prospect Maazel Llc
Seller's Agent
Celadawn Reid
KELLER WILLIAMS ELITE REALTORS
List Price
$90,000
Sold Price
$96,000
Premium/Discount to List
$6,000
6.67%
Total Days on Market
30
Views
202
Current Estimated Value
$106,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,843
Avg. Annual Appreciation
12.63%
Original Mortgage
$1,040,400
Outstanding Balance
$1,033,998
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$927,155

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 25, 2024
Sold by
Stone Tracey A and Stone William Kevin
Bought by
Goldstein Mark
Seller's Agent
Celadawn Reid
KELLER WILLIAMS ELITE REALTORS
List Price
$90,000
Sold Price
$96,000
Premium/Discount to List
$6,000
6.67%
Views
202

Purchase Details

Closed on
Dec 12, 2005
Sold by
Muhammad Emin
Bought by
Stone Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,260
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Deed $96,000 Wfg National Title
Deed $81,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,040,400 New Conventional
Closed $1,040,400 Credit Line Revolving
Previous Owner $14,600,000 Commercial
Previous Owner $84,500 Unknown
Previous Owner $16,260 Credit Line Revolving
Previous Owner $65,040 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $96,000 +6.7% $120 / Sq Ft
05/01/2024 05/01/24 For Sale $90,000 -- $113 / Sq Ft
Source: All 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
2024 $3,244 $102,400 $22,000 $80,400
2023 $2,976 $102,400 $22,000 $80,400
2022 $2,976 $102,400 $22,000 $80,400
2021 $1,817 $32,800 $20,000 $12,800
2020 $1,794 $32,800 $20,000 $12,800
2019 $1,771 $32,800 $20,000 $12,800
2018 $1,749 $32,800 $20,000 $12,800
2017 $3,401 $65,600 $20,000 $45,600
2016 $3,348 $65,600 $20,000 $45,600
2015 $3,266 $65,600 $20,000 $45,600
2014 $3,220 $65,600 $20,000 $45,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2411424R

All Jersey MLS

APN: 05-00642-0000-00004-0000-C127