NOT LISTED FOR SALE

45 N 17th St East Orange, NJ 07017

Estimated Value: $617,000 - $676,000

7 Beds
3 Baths
2,651 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $520,000 $196 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,579/month

126 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • Radiator
  • 2 Car Garage

About This Home

As of June 2023

This legal 3 family property has lots to offer and is a great opportunity for both investors and buyers looking for a home to occupy! Spacious home includes a 2-car garage along with ample parking for additional cars. Conveniently located at the intersection of the Garden State Parkway and Interstate 280, just several miles from Newark Liberty International Airport and less than 30 minutes from New York City. Blocks to Central Avenue where you can catch a bus to Newark Penn Station, Places of Worship, Blocks to Elmwood Park, Restaurants and More. Great income producer! Being sold As-Is. Buyer assumes responsibility for any and all governmental inspections and certifications. This home is the investment you've been waiting for. Easy to close. Come take a look today!

Last Listed By

Ashley Young

REDFIN CORPORATION Listed on: 01/29/2023

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,261

Year Built

  • Built in 1925

Lot Details

  • 3,302 Sq Ft Lot
  • Lot Dimensions are 33x100
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,651 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,261

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0758
  • Lot Size: 33X100
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1925
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Interior Amenities: Unit 1(1 Bath,3 Bedrooms,Kitchen,Living Room), Unit 2(1 Bath,3 Bedrooms,Kitchen,Living Room), Unit 3(1 Bath,1 Bedroom,Kitchen)
  • Living Area: 2651
  • Stories: 3

Exterior Features

  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3302

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 10261
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
May 17, 2023
Sold by
Wall Christopher Robert
Bought by
Afolabi Abodunrin
Seller's Agent
Ashley Young
REDFIN CORPORATION
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Total Days on Market
126
Views
234
Current Estimated Value
$649,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,700
Avg. Annual Appreciation
11.78%
Original Mortgage
$10,000
Outstanding Balance
$9,795
Interest Rate
6.39%
Estimated Equity
$639,905

Purchase Details

Listed on
Feb 5, 2020
Closed on
May 19, 2020
Sold by
Milliner Tammie D and Estate Of Claretha Barnes
Bought by
Wall Christopher Robert
Seller's Agent
Brenda Harris
RE/MAX Solutions
Buyer's Agent
Naeem Boucher
EXP Realty, LLC
List Price
$325,000
Sold Price
$279,000
Premium/Discount to List
-$46,000
-14.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%
Original Mortgage
$285,417
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2011
Sold by
Delurand Lucien E
Bought by
Barnes Claretha and Barnes Claretha N
Source: Public Records

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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
Afolabi Abodunrin $520,000 Two Rivers Title
Wall Christopher Robert $279,000 Stewart Title Guaranty Co
Barnes Claretha $73,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afolabi Abodunrin $10,000
Open Afolabi Abodunrin $468,000
Previous Owner Wall Christopher $389,428
Previous Owner Wall Christopher Robert $285,417
Previous Owner Delurand Lucien E $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $520,000 +4.2% $196 / Sq Ft
01/29/2023 01/29/23 For Sale $499,000 +78.9% $188 / Sq Ft
05/20/2020 05/20/20 Sold $279,000 -14.2% --
02/27/2020 02/27/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $325,000 -- --
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 $11,186 $478,600 $63,700 $414,900
2022 $10,261 $353,100 $63,700 $289,400
2021 $10,966 $197,900 $43,300 $154,600
2020 $10,825 $197,900 $43,300 $154,600
2019 $10,687 $197,900 $43,300 $154,600
2018 $10,554 $197,900 $43,300 $154,600
2017 $10,259 $197,900 $43,300 $154,600
2016 $10,099 $197,900 $43,300 $154,600
2015 $9,851 $197,900 $43,300 $154,600
2014 $9,713 $197,900 $43,300 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2350738M

All Jersey MLS

APN: 05-00055-0000-00015