NOT LISTED FOR SALE

394 Berwick St Orange, NJ 07050

Estimated Value: $559,000 - $644,000

6 Beds
2 Baths
2,665 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $470,000 $176 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,376/month

25 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Patio
  • Screened Porch
  • Air Conditioning
  • Handicap Accessible

About This Home

As of May 2024

Introducing 394 Berwick St, Orange, NJ, a promising opportunity for investors or those with a keen eye for renovation. Situated in Orange, just blocks to from South Orange. Nestled in a desirable neighborhood, 394 Berwick St enjoys proximity to local amenities, schools, parks, and transportation hubs, enhancing convenience and accessibility for residents. This 2-family residence presents abundant potential for renovation and restoration. This property boasts a full unfinished basement, driveway with a 2-car garage, providing ample space for storage and parking convenience. A notable feature includes an elevator providing easy access to the second floor apartment. Total of 6 spacious bedrooms and two full baths, providing ample room for comfortable living or rental opportunities. Both units offer hardwood floors under the carpet. 4 Bedrooms, 1 Bath for 2nd Floor Unit and 2 Bedrooms, 1 Bath for First floor unit. With its 2-family configuration, the home offers flexibility for various living arrangements. Whether you're seeking a multi-generational residence or an income-generating property, this layout accommodates diverse needs. The property is being sold as-is condition, offering buyers the chance to tailor renovations according to their preferences and budget.

Last Agent to Sell the Property

Anthony Marchigiano

Coldwell Banker Realty Brokerage Phone: 732-832-5052 License #1224144 Listed on: 02/05/2024

Coldwell Banker Realty

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,098

Lot Details

  • 4,400

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Awning
  • Window Screens
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Storm Doors
  • Stove

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Heating System Uses Steam
  • Natural Gas Water Heater

Additional Features

  • Handicap Accessible
  • Patio
  • Lot Dimensions are 35 x 125

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 17-05802-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,098

Lot Details

4,400 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-832-5052
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, See Remarks
  • Reso Interior Features: Attic - Walk Up
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 35 x 125
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Exterior Storm Door(s): Yes
  • Exterior Porch - Screened: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Awnings2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Slab
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 3
  • Full Basement: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio, Porch - Screened, Storm Door(s), Awnings, Screens

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, See Remarks, On Street, Detached
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 35 x 125
  • Parcel #: 17-05802-0000-00009

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13098.0
  • Tax Other Annual Assessment Amount: 377900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 25, 2024
Sold by
Weldon Colleen D
Bought by
Esperance Management Llc
Seller's Agent
Anthony Marchigiano
Coldwell Banker Realty
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$399,999
Sold Price
$470,000
Premium/Discount to List
$70,001
17.5%
Views
230
Current Estimated Value
$588,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,534
Avg. Annual Appreciation
12.57%
Original Mortgage
$376,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2014
Sold by
Cicenia Francis
Bought by
Cicenia Francis and Weldon Colleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Esperance Management Llc $470,000 Nu World Title
Cicenia Francis -- --
Cicenia Francis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esperance Management Llc $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $470,000 +17.5% $176 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $399,999 -- $150 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,776 $377,900 $102,700 $275,200
2024 $14,084 $377,900 $102,700 $275,200
2023 $13,098 $377,900 $102,700 $275,200
2022 $13,098 $377,900 $102,700 $275,200
2021 $11,710 $202,600 $74,400 $128,200
2020 $11,360 $202,600 $74,400 $128,200
2019 $10,768 $202,600 $74,400 $128,200
2018 $10,596 $202,600 $74,400 $128,200
2017 $9,867 $202,600 $74,400 $128,200
2016 $9,680 $202,600 $74,400 $128,200
2015 $9,427 $202,600 $74,400 $128,200
2014 $9,014 $202,600 $74,400 $128,200
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403217

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 17-05802-0000-00009

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