$560,000
SOLD JAN 13, 2025

500 Burnside St Orange, NJ 07050

-- Bed
-- Bath
2,112 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

12% Above List Price

46 Days on Market

About This Home

As of January 2025

This home is located at 500 Burnside St, Orange, NJ 07050 and is currently priced at $560,000, approximately $265 per square foot. This property was built in 1891. 500 Burnside St is a home located in Essex County with nearby schools including East Orange Community Charter School.

Last Agent to Sell the Property

HAORUI DONG

C-21 JOHN ANTHONY Brokerage Phone: 732-906-2300 Listed on: 10/09/2024

Last Buyer's Agent

MERCEDES CRESCIMBENI

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1891

Lot Details

  • 6,500 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,114

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Year Built: 1891
  • County Name: Essex
  • Street Number Display: 500
  • I D: 5316673
  • Modified: 2025-01-14
  • Number Images: 15
  • Attribution Contact: 732-906-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 6500 SF
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Jan 8, 2025
Sold by
Zhu Lin and Wang Tianzhen
Bought by
Borrero Juan S and Borrero Javier
Seller's Agent
HAORUI DONG
C-21 JOHN ANTHONY
Buyer's Agent
MERCEDES CRESCIMBENI
SIGNATURE REALTY NJ
List Price
$499,990
Sold Price
$560,000
Premium/Discount to List
$60,010
12%
Views
79
Current Estimated Value
$554,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,081
Avg. Annual Appreciation
8.82%
Original Mortgage
$549,857
Outstanding Balance
$547,010
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$39,135

Purchase Details

Closed on
Jul 17, 2009
Sold by
Green Kim
Bought by
First Nlc Financial Services Llc

Purchase Details

Closed on
Oct 31, 2002
Sold by
Green Viola
Bought by
Green Viola
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $560,000 Fidelity National Title
Sheriffs Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,857 FHA
Previous Owner $120,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $252,000 Balloon
Previous Owner $204,000 Adjustable Rate Mortgage/ARM
Previous Owner $120,000 Adjustable Rate Mortgage/ARM
Previous Owner $72,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $560,000 +12.0% $265 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $499,990 +1011.1% $237 / Sq Ft
01/30/2014 01/30/14 Sold $45,000 -- $21 / Sq Ft
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 $8,114 $217,700 $116,500 $101,200
2024 $8,114 $217,700 $116,500 $101,200
2022 $7,545 $217,700 $116,500 $101,200
2021 $6,497 $112,400 $52,600 $59,800
2020 $6,302 $112,400 $52,600 $59,800
2019 $5,974 $112,400 $52,600 $59,800
2018 $5,879 $112,400 $52,600 $59,800
2017 $5,474 $112,400 $52,600 $59,800
2016 $5,370 $112,400 $52,600 $59,800
2015 $5,230 $112,400 $52,600 $59,800
2014 $5,001 $112,400 $52,600 $59,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3928639

Garden State MLS

APN: 17-00401-0000-00028