NOT LISTED FOR SALE

492 Park Ave Orange, NJ 07050

Estimated Value: $430,000 - $620,000

4 Beds
2.5 Baths
1,580 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $315,000 $199 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,842/month

13 Days on Market

About This Home

As of June 2023

VERY Nicely sized colonial READY for your ideas and personal touch to restore and give it the 21st century vision. This wonderful 4 bed 2 full and 1 half bath sweetheart is being offered AS-IS sale, Owner will not fix nor provide any concession. Younger roof. Hardwood floors throughout. No known issues with fireplace. Suitable for 203K, construction loan or investor. Younger roof. Hardwood floors throughout. No known issues with fireplace. Fireplace & detached garage as - is. 1st floor - living room, dining room, kitchen, sunroom, powder room. 2nd Floor - 3 bedrooms, full bath. 3rd floor - 1 bedroom and 2 under eave storage areas. Lovely yard. Walkable area. Near West Orange border, parks, houses of worship, shopping, public transportation to NYC. Nice, solid house with excellent potential.

Last Agent to Sell the Property

Kelly King

Keller Williams Towne Square Realty Listed on: 05/09/2023

Keller Williams Towne Square Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,191

Lot Details

  • 6,874 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 01403

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,191

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Bank
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: West
  • Co List Office Phone: (908) 766-0085
  • MLS Status: Sold - Sold
  • Directions: Main st to Park Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Manor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: Full Bath, Laundry Room, Utility Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 6874.0

Tax Info

  • Tax Annual Amount: 11191.0
  • Tax Block: 01403
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 16, 2023
Sold by
Johnson Leola M
Bought by
492 Park Ave Orange Llc
Seller's Agent
Kelly King
Keller Williams Towne Square Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$252,000
Sold Price
$315,000
Premium/Discount to List
$63,000
25%
Views
268
Current Estimated Value
$540,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,877
Avg. Annual Appreciation
23.72%

Purchase Details

Closed on
Jun 2, 2009
Sold by
Johnson Leola M and Hammond Jo Ann
Bought by
Johnson Leola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,747
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1997
Sold by
Dumont Gesner
Bought by
Johnson Leola and Hammond Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.08%
Mortgage Type
FHA
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
492 Park Ave Orange Llc $315,000 First American Title
Johnson Leola M -- Advanced Title Agency
Johnson Leola $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Leola M $159,747
Previous Owner Johnson Leola $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $315,000 +25.0% $199 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $252,000 -20.0% $159 / Sq Ft
05/19/2023 05/19/23 Off Market $315,000 -- --
05/09/2023 05/09/23 For Sale $252,000 -- $159 / Sq Ft
Source: New 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
2025 $12,206 $327,500 $113,100 $214,400
2024 $12,206 $327,500 $113,100 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23015034

New Jersey MLS

APN: 17-01403-0000-00005