NOT LISTED FOR SALE

340 Amherst St East Orange, NJ 07018

Estimated Value: $613,288 - $652,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold February 22, 2016

Last sale price $48,000

Est. 1,206% increase in value since last sale

Current estimated payment $4,486/month

48 Days on Market

About This Home

As of February 2016

This home is located at 340 Amherst St, East Orange, NJ 07018 since 31 October 2015 and is currently estimated at $627,072. 340 Amherst St is a home located in Essex County with nearby schools including Langston Hughes School, Sojourner Truth Middle School, and John L Costley Middle School.

Last Agent to Sell the Property

Emilio Baldino

C-21 GEMINI, LLC. Brokerage Phone: 973-696-1111 Listed on: 10/31/2015

Last Buyer's Agent

Emilio Baldino

C-21 GEMINI, LLC. Brokerage Phone: 973-696-1111 Listed on: 10/31/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,843

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,843

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 340
  • I D: 4579398
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-696-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Evergreen Real Estate Investments Llc
Bought by
Frank Franklyn D
Current Estimated Value
$627,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,728
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2020
Sold by
Cabinet Outlet Nj Llc
Bought by
Evergreen Real Estate Investments Llc

Purchase Details

Closed on
Mar 6, 2020
Sold by
Asher Solutions Llc
Bought by
Cabinet Outlet Nj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2019
Sold by
340 Amherst Hldg Llc
Bought by
Asher Solutions Llc

Purchase Details

Listed on
Oct 31, 2015
Closed on
Jan 13, 2016
Sold by
Fontoura Armando B
Bought by
Fannie Mae
Seller's Agent
Emilio Baldino
C-21 GEMINI, LLC.
Buyer's Agent
Emilio Baldino
C-21 GEMINI, LLC.
List Price
$40,900
Sold Price
$48,000
Premium/Discount to List
$7,100
17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.33%
Original Mortgage
$50,000
Interest Rate
3.65%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Fontoura Armando B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 5, 2007
Sold by
Tactical Investments Llc
Bought by
Simmons Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
Smith Jennifer
Bought by
Tactical Investments Llc

Purchase Details

Closed on
Sep 25, 2001
Sold by
Liberty State Inv
Bought by
Smith Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,250
Interest Rate
7.15%
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
Frank Franklyn D $389,030 Integra Title & Abstract
Evergreen Real Estate Investments Llc -- Integra Title & Abstract
Cabinet Outlet Nj Llc $300,000 Integra Title & Abstract Llc
Asher Solutions Llc $140,000 Allied Title
Fannie Mae $48,000 None Listed On Document
Federal National Mortgage Association $563,826 None Available
Simmons Shawn $325,000 None Available
Tactical Investments Llc -- None Available
Smith Jennifer $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Franklyn D $500,728
Previous Owner Cabinet Outlet Nj Llc $300,000
Previous Owner 340 Amherst Holding Llc $135,000
Previous Owner 662 Grove St Llc $50,000
Previous Owner Simmons Shawn $292,500
Previous Owner Smith Jennifer $256,000
Previous Owner Smith Jennifer $226,000
Previous Owner Smith Jennifer $156,250
Closed Federal National Mortgage Association --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $48,000 +17.4% --
12/18/2015 12/18/15 Pending -- -- --
10/31/2015 10/31/15 For Sale $40,900 -- --
Source: Garden State 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 $12,843 $405,400 $82,000 $323,400
2024 $12,843 $405,400 $82,000 $323,400
2022 $11,781 $405,400 $82,000 $323,400
2021 $10,716 $193,400 $45,000 $148,400
2020 $10,579 $193,400 $45,000 $148,400
2019 $10,444 $193,400 $45,000 $148,400
2018 $10,314 $193,400 $45,000 $148,400
2017 $10,026 $193,400 $45,000 $148,400
2016 $9,869 $193,400 $45,000 $148,400
2015 $9,627 $193,400 $45,000 $148,400
2014 $9,492 $193,400 $45,000 $148,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3263738

Garden State MLS

APN: 05-00481-0000-00028-01