NOT LISTED FOR SALE

497 Tremont Ave Orange, NJ 07050

Orange Area

Estimated Value: $603,000 - $877,000

Studio
-- Baths
2,482 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2022

Last sale price $410,000 $165 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,137 / mo

42 Days on Market

Highlights

  • Property is near public transit and shops
  • 2 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of March 2022

This home is located at 497 Tremont Ave, Orange, NJ 07050 since 24 January 2022 and is currently estimated at $700,144, approximately $282 per square foot. This property was built in 1906. 497 Tremont Ave is a home located in Essex County.

Last Agent to Sell the Property

Terri Gilliard Lane

KELLER WILLIAMS ELITE REALTORS Listed on: 01/24/2022

KELLER WILLIAMS ELITE REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 3,354

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Home Design

  • Asphalt Roof

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • No Cooling
  • Underground Utilities
  • Water Heater

Additional Features

  • 3-Story Property
  • Enclosed Patio or Porch
  • Lot Dimensions are 25.00 x 134.00
  • Property is near public transit and shops

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

3,354 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size: 25.00 x 134.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1906
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Fuel,Water), Unit 2 Owner Pays(Fuel,Water)
  • Has Basement: Full, Exterior Entry, Storage Space, Interior Entry
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,4 Bedrooms,Kitchen,Living Room,2+ Baths,Den/Family Room)
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Porch(es) - Enclosed, Sidewalk
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 1-2 Car Parking, Covered, Assigned

Utilities

  • Gas Company: Oil
  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Tax Info

  • Tax Annual Amount: 1249600

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 1, 2022
Sold by
Helena Mcpherson
Bought by
Seller's Agent
Terri Gilliard Lane
KELLER WILLIAMS ELITE REALTORS
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$700,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,144
Avg. Annual Appreciation
12.63%
Original Mortgage
$348,500
Outstanding Balance
$319,684
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$380,460

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 24, 2019
Sold by
Brown Dennis R and Brown Claudette D
Bought by
Mcpherson Helena
Seller's Agent
CHARLIE SMITH JR
C-21 CEDARCREST REALTY
Buyer's Agent
TERESA A. GILLIARD LANE
KELLER WILLIAMS ELITE REALTORS
List Price
$265,999
Sold Price
$265,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Apr 11, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shirley Claudette
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Orange, NJ

  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,395 Total Sales

    2 in Orange

    $780,000 Price Range

    Jack Yao
     Section Image
  • Raquel Collaguazo Real Estate Agent - Weichert Realtors-Manalapan

    Raquel Collaguazo

    Responds Quickly

    Weichert Realtors-Manalapan

    (833) 766-4675

    54 Total Sales

    2 in Orange

    $700,000 Price Range

    Raquel Collaguazo
     Section Image
  • David Gossett Real Estate Agent - Hi-Level Real Estate LLC

    David Gossett

    Hi-Level Real Estate LLC

    (888) 568-6502

    11 Total Sales

    1 in Orange

    $399,000 Price

    David Gossett
     Section Image
  • Angelly Quiroz Real Estate Agent - Highview Realty 1 Inc

    Angelly Quiroz

    Highview Realty 1 Inc

    (551) 301-6250

    13 Total Sales

    1 in Orange

    $239,000 Price

    Angelly Quiroz
     Section Image
  • Edward Perez Real Estate Agent - COMPASS NEW JERSEY, LLC

    Edward Perez

    COMPASS NEW JERSEY, LLC

    (973) 566-5374

    111 Total Sales

    1 in Orange

    $560,000 Price

    Edward Perez
     Section Image
  • Caroline Mescia Real Estate Agent - Compass New Jersey, LLC-Montclair

    Caroline Mescia

    Compass New Jersey, LLC-Montclair

    (908) 808-5268

    46 Total Sales

    2 in Orange

    $405,000 Price Range

    Caroline Mescia
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Fidelity National Title
Mcpherson Helena $266,000 --
Shirley Claudette $87,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $348,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Off Market $410,000 -- --
03/07/2022 03/07/22 Sold $410,000 0.0% $165 / Sq Ft
01/24/2022 01/24/22 For Sale $410,000 +54.1% $165 / Sq Ft
04/30/2019 04/30/19 Sold $265,999 0.0% $107 / Sq Ft View Prior Sale
03/03/2019 03/03/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $265,999 -- $107 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,520 $385,100 $92,500 $292,600
2025 $15,520 $385,100 $92,500 $292,600
2024 $14,353 $385,100 $92,500 $292,600
2022 $13,348 $385,100 $92,500 $292,600
2021 $12,496 $216,200 $56,400 $159,800
2020 $12,122 $216,200 $56,400 $159,800
2019 $11,491 $216,200 $56,400 $159,800
2018 $11,307 $216,200 $56,400 $159,800
2017 $10,529 $216,200 $56,400 $159,800
2016 $10,330 $216,200 $56,400 $159,800
2015 $10,060 $216,200 $56,400 $159,800
2014 $9,619 $216,200 $56,400 $159,800
Source: Public Records

Agents Affiliated with this Home

  • Terri Gilliard Lane Real Estate Agent - KELLER WILLIAMS ELITE REALTORS

    Seller's Agent in 2022

    Terri Gilliard Lane

    KELLER WILLIAMS ELITE REALTORS

    (973) 960-8882

    30 Total Sales

    Terri Gilliard Lane
    Section Image

  • CS

    Seller's Agent in 2019

    CHARLIE SMITH JR

    C-21 CEDARCREST REALTY

  • TG

    Buyer's Agent in 2019

    TERESA A. GILLIARD LANE

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2208818R

All Jersey MLS

APN: 17-05901-0000-00033

New Jersey Essex County Orange 07050

497 Tremont Ave, Orange, NJ

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