NOT LISTED FOR SALE

48 Morse Ave East Orange, NJ 07017

Estimated Value: $602,578 - $719,000

5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $450,000

Est. 44% increase in value since last sale

Current estimated payment $4,431/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed Patio or Porch
  • Private Driveway
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of October 2021

Experience a slice of paradise! Welcome to the beautiful city of East Orange. Just a blocks away from Watsessing Park, near the Bloomfield and Glen Ridge border, and 8 minutes from downtown Montclair. A 15-minute walk to the train station that connects you to NY Penn Station. This home has 5 bedrooms, 2 full bathrooms, exclusive parking, also located in a quiet neighborhood. What more could you ask for?

Last Agent to Sell the Property

QUEENELLA GIBSON-DELPHIN

WEICHERT REALTORS Listed on: 07/13/2021

WEICHERT REALTORS

Last Buyer's Agent

ERICK BRICE

BRICE HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,012

Year Built

  • Built in 1925

Lot Details

  • 4,792

Parking

  • 2 Car Detached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Clapboard

Interior Spaces

  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Enclosed Patio or Porch
  • 4,792 Sq Ft Lot
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 1605-00872-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,012

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Blinds, stairway window frame, crystal doorknobs, main bathroom mirror
  • Directions: Colonial Terrace to Morse Avenue
  • I D: 5088183
  • First Name: QUEENELLA
  • First Name3: ERICK
  • Last Name: GIBSON DELPHIN
  • Last Name3: BRICE
  • Office Phone: 973-378-8300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas
  • Bedrooms: 5
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 973-378-8300

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Enclosed Porch(es), Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12012
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1605-00872-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.470
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 13, 2021
Sold by
Graham Beverly
Bought by
Michael Nicole and Fenelon Joseph
Seller's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
Buyer's Agent
ERICK BRICE
BRICE HOMES
List Price
$399,999
Sold Price
$450,000
Premium/Discount to List
$50,001
12.5%
Current Estimated Value
$647,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,895
Avg. Annual Appreciation
9.30%
Original Mortgage
$413,250
Outstanding Balance
$376,845
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$271,050

Purchase Details

Closed on
Apr 2, 2004

Purchase Details

Closed on
Jul 26, 1999
Sold by
Urban Rehab
Bought by
Banks Hamilton and Graham Beverley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,750
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1993
Sold by
National State Bank
Bought by
Lewis Aubrey

Purchase Details

Closed on
Mar 2, 1993
Sold by
Fontoura Armando B Sheriff
Bought by
National State Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael Nicole $450,000 Stewart Title
-- -- --
Banks Hamilton $144,000 --
Lewis Aubrey $50,000 --
National State Bank $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Nicole $413,250
Previous Owner Banks Hamilton $142,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $450,000 +12.5% --
07/23/2021 07/23/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $399,999 -- --
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 $12,222 $385,800 $93,000 $292,800
2024 $12,222 $385,800 $93,000 $292,800
2022 $11,211 $385,800 $93,000 $292,800
2021 $12,168 $219,600 $75,000 $144,600
2020 $12,012 $219,600 $75,000 $144,600
2019 $11,858 $219,600 $75,000 $144,600
2018 $11,711 $219,600 $75,000 $144,600
2017 $11,384 $219,600 $75,000 $144,600
2016 $11,206 $219,600 $75,000 $144,600
2015 $10,932 $219,600 $75,000 $144,600
2014 $10,778 $219,600 $75,000 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3727172

Garden State MLS

APN: 05-00872-0000-00007