NOT LISTED FOR SALE

502 Monroe St Orange, NJ 07050

Estimated Value: $571,000 - $606,000

Studio
-- Bath
1,873 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2025

Last sale price $565,000 $302 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,418 / mo

45 Days on Market

About This Home

As of June 2025

This home is located at 502 Monroe St, Orange, NJ 07050 since 11 March 2025 and is currently estimated at $586,064, approximately $312 per square foot. This property was built in 1881. 502 Monroe St is a home located in Essex County.

Last Agent to Sell the Property

April DeLucca

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 03/11/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

OMAR ELABED

PRESTIGE PROPERTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1881

Lot Details

  • 2,418 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1881

Lot Details

2,418 Sq Ft Lot

Listing Details

  • Year Built: 1881
  • County Name: Essex
  • I D: 5343376
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2418 SF
  • Total Acres: 0.06

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
Mar 11, 2025
Closed on
May 22, 2025
Sold by
Bought by
Seller's Agent
April DeLucca
COLDWELL BANKER REALTY
Buyer's Agent
OMAR ELABED
PRESTIGE PROPERTY GROUP LLC
List Price
$525,000
Sold Price
$565,000
Premium/Discount to List
$40,000
7.62%
Views
69
Current Estimated Value
$586,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,064
Avg. Annual Appreciation
3.77%
Original Mortgage
$517,398
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,006
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jun 21, 2016
Sold by
Bought by
Seller's Agent
Justin Kiliszek
EXP REALTY, LLC
Buyer's Agent
BRIELLE DAHAN
EXP REALTY, LLC
List Price
$89,900
Sold Price
$45,000
Premium/Discount to List
-$44,900
-49.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.63%
Original Mortgage
$45,000
Interest Rate
3.41%

Purchase Details

Closed on
May 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1993
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$565,000 Simplicity Title
$358,500 First American Title
$45,000 Coastal Title Agency Inc
$100 --
-- --
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
Previous Owner $517,398
Previous Owner $352,006
Previous Owner $45,000
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
06/23/2025 06/23/25 Sold $565,000 +13.2% $302 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $499,000 -5.0% $266 / Sq Ft
03/15/2025 03/15/25 For Sale $525,000 +1066.7% $280 / Sq Ft
08/01/2016 08/01/16 Sold $45,000 -49.9% $24 / Sq Ft View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $89,900 -- $48 / Sq Ft
Source: Garden State 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
2025 $15,112 $386,500 $76,500 $310,000
2024 $14,405 $386,500 $76,500 $310,000
2022 $13,396 $386,500 $76,500 $310,000
2021 $13,011 $225,100 $52,500 $172,600
2020 $10,143 $180,900 $52,500 $128,400
2019 $9,615 $180,900 $52,500 $128,400
2018 $9,461 $180,900 $52,500 $128,400
2017 $8,810 $180,900 $52,500 $128,400
2016 $8,643 $180,900 $52,500 $128,400
2015 $8,417 $180,900 $52,500 $128,400
2014 $8,048 $180,900 $52,500 $128,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3950232

Garden State MLS

APN: 17-02504-0000-00012

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