NOT LISTED FOR SALE

362 S Orange Ave South Orange, NJ 07079

Estimated Value: $867,000 - $1,009,000

-- Bed
-- Bath
2,569 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $575,000 $224 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,108/month

175 Days on Market

About This Home

As of April 2020

This home is located at 362 S Orange Ave, South Orange, NJ 07079 since 06 September 2019 and is currently estimated at $952,445, approximately $370 per square foot. This property was built in 1900. 362 S Orange Ave is a home located in Essex County with nearby schools including Marshall Elementary School, South Orange Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

RIA MAHABIR

WEICHERT REALTORS Brokerage Phone: 201-339-8282 Listed on: 09/06/2019

Last Buyer's Agent

Michele Chiles-Hickman

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,180

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,180

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • I D: 4928424
  • Attribution Contact: 201-339-8282
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .268 AC
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Myrleine Elveus
Bought by
Seton Hall University
Current Estimated Value
$952,445

Purchase Details

Listed on
Sep 6, 2019
Closed on
Apr 14, 2020
Sold by
Rampersad Prakash and Rampersad Bissundai
Bought by
Elveus Myrleine
Seller's Agent
RIA MAHABIR
WEICHERT REALTORS
Buyer's Agent
Michele Chiles-Hickman
BHHS FOX & ROACH
List Price
$799,000
Sold Price
$575,000
Premium/Discount to List
-$224,000
-28.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$460,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 1995
Sold by
Mauriello Joseph
Bought by
Rampersad Prakash and Rampersad Bissundai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
9.16%
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
Seton Hall University $800,000 Main Street Title & Settlement
Elveus Myrleine $575,000 Catic Title Insurance Co
Rampersad Prakash $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elveus Myrleine $460,000
Previous Owner Rampersad Prakash $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $575,000 -11.4% $224 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/05/2020 01/05/20 Price Changed $649,000 -7.2% $253 / Sq Ft
12/02/2019 12/02/19 Price Changed $699,000 -12.5% $272 / Sq Ft
09/06/2019 09/06/19 For Sale $799,000 -- $311 / Sq Ft
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 $13,180 $658,800 $226,700 $432,100
2024 $13,180 $658,800 $226,700 $432,100
2022 $12,709 $362,400 $168,600 $193,800
2021 $12,267 $362,400 $168,600 $193,800
2020 $11,887 $362,400 $168,600 $193,800
2019 $11,590 $362,400 $168,600 $193,800
2018 $11,416 $362,400 $168,600 $193,800
2017 $11,133 $362,400 $168,600 $193,800
2016 $11,453 $299,200 $114,400 $184,800
2015 $11,187 $299,200 $114,400 $184,800
2014 $10,954 $299,200 $114,400 $184,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    RIA MAHABIR

    WEICHERT REALTORS

  • Michele Chiles-Hickman

    Buyer's Agent in 2020

    Michele Chiles-Hickman

    BHHS FOX & ROACH

    (201) 463-0958

    4 in this area

    158 Total Sales

    Michele Chiles-Hickman
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Map

Source: Garden State MLS

MLS Number: 3585578

Garden State MLS

APN: 19-02108-0000-00015

New Jersey Essex County South Orange 07079

362 S Orange Ave, South Orange, NJ

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