NOT LISTED FOR SALE

49 Melrose Ave East Orange, NJ 07018

Estimated Value: $409,000 - $573,347

5 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $407,000

Est. 29% increase in value since last sale

Current estimated payment $3,893/month

52 Days on Market

Highlights

  • Colonial Architecture
  • Home Office
  • 1 Car Attached Garage
  • Deck
  • Formal Dining Room
  • 4-minute walk to Monte Irvin Orange Park

About This Home

As of December 2022

BACK ON THE MARKET!!!! Welcome home to this beautiful and spacious colonial home with lots of updates. This property has an open concept space featuring 5 bedrooms, 3 Full baths, eat-in kitchen with granite counter tops and stainless-steel appliances, formal dining room and living room with a fireplace. It also offers a home office surrounded by lots of windows that can be also converted as a playroom. The basement is huge and ready to be finished and used as another living space with a walkout door, perfect for guests or just an entertainment area. The deck is another feature that this cozy home offers to the future homeOwners, it is ready to be called yours!

Last Agent to Sell the Property

Fernanda Silva

NEW AND MODERN GROUP Brokerage Phone: 908-416-2523 Listed on: 09/13/2022

Last Buyer's Agent

RONALD RICHARDSON

ERA QUEEN CITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,913

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Utility Room
  • Laminate Flooring
  • Unfinished Basement
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • J Costley Middle School
  • E Orange High School

Utilities

  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1605-00753-0000-00037-0001-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,913

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Essex
  • Exclusions: Washer and Dryer
  • Directions: GPS
  • I D: 5178431
  • First Name: FERNANDA GABRI
  • First Name3: RONALD
  • Last Name: SILVA
  • Last Name3: RICHARDSON
  • Office Phone: 973-921-1111
  • Office Phone3: 908-490-2037
  • Attribution Contact: 908-416-2523
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Bedrooms: 5
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room, Walkout
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Level 1 Rooms: 3 Bedrooms, Bath Main
  • Level 2 Rooms: 1 Bedroom, Bath(s) Other
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Kitchen, Living Room, Office
  • Phone: 973-921-1111

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Metal Fence, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Schools

  • High School: E ORANGE
  • Middle Jr High School: J COSTLEY

Lot Info

  • Lot Size: 75X99
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11913
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1605-00753-0000-00037-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.541
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Dec 22, 2022
Sold by
Walker Romeo and Walker Patrice
Bought by
Redacted Upon Request
Seller's Agent
Fernanda Silva
NEW AND MODERN GROUP
Buyer's Agent
RONALD RICHARDSON
ERA QUEEN CITY REALTY
List Price
$399,000
Sold Price
$407,000
Premium/Discount to List
$8,000
2.01%
Views
89
Current Estimated Value
$524,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,087
Avg. Annual Appreciation
9.08%
Original Mortgage
$386,000
Outstanding Balance
$373,676
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$150,411

Purchase Details

Listed on
Apr 3, 2016
Closed on
Jul 29, 2016
Sold by
Renovations R Us Usa Llc
Bought by
Walker Romeo
Seller's Agent
Keith Gilliard
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
DANIEL CUCO
CORNERSTONE REALTY ASSOCIATES
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$230,743
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2015
Sold by
Ace Sec Corp Hm Eqity Ln Tr and Hsbc Bank Usa Na
Bought by
Renovations R Us Usa Limited Liability Compan

Purchase Details

Closed on
May 30, 2014
Sold by
Fontoura Armando B
Bought by
Hsbc Bank Usa Na and Tunit Alan

Purchase Details

Closed on
May 10, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Parker Randy
Bought by
Dosumu Olufemi

Purchase Details

Closed on
Dec 14, 1998
Sold by
Edley Janice L
Bought by
Parker Randy and Parker Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,800
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Redacted Upon Request $407,000 Attorney Title Services
Walker Romeo $235,000 None Available
Renovations R Us Usa Limited Liability Compan $72,000 None Listed On Document
Hsbc Bank Usa Na $337,973 None Available
-- $100 --
Dosumu Olufemi $135,000 --
Parker Randy $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $386,000
Previous Owner Walker Romeo $230,743
Previous Owner -- $211,500
Previous Owner Parker Randy $119,800
Closed Hsbc Bank Usa Na --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $407,000 +2.0% --
11/04/2022 11/04/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $399,000 0.0% --
09/21/2022 09/21/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $399,000 +69.8% --
07/07/2016 07/07/16 Sold $235,000 +4.4% -- View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $225,000 +212.5% --
09/24/2015 09/24/15 Sold $72,000 -- -- View Prior Sale
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 $13,569 $428,300 $86,300 $342,000
2024 $13,569 $428,300 $86,300 $342,000
2022 $12,446 $428,300 $86,300 $342,000
2021 $11,913 $215,000 $65,100 $149,900
2020 $11,761 $215,000 $65,100 $149,900
2019 $11,610 $215,000 $65,100 $149,900
2018 $11,466 $215,000 $65,100 $149,900
2017 $9,062 $174,800 $65,100 $109,700
2016 $8,920 $174,800 $65,100 $109,700
2015 $8,702 $174,800 $65,100 $109,700
2014 $8,579 $174,800 $65,100 $109,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3807027

Garden State MLS

APN: 05-00753-0000-00037-01