NOT LISTED FOR SALE

505 Berkeley Ave Orange, NJ 07050

Estimated Value: $762,000 - $1,238,000

6 Beds
4 Baths
3,312 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $745,000 $225 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,040/month

29 Days on Market

About This Home

As of February 2023

This home is located at 505 Berkeley Ave, Orange, NJ 07050 since 05 December 2022 and is currently estimated at $952,829, approximately $287 per square foot. This property was built in 1949. 505 Berkeley Ave is a home located in Essex County.

Last Agent to Sell the Property

MATTHEW MCCOLLOUGH

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 12/05/2022

Last Buyer's Agent

HEATHER GILHEANY

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,103

Year Built

  • Built in 1949

Lot Details

  • 9,445 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,103

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Essex
  • I D: 5193360
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 9445 SF
  • Total Acres: 0.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Feb 15, 2023
Sold by
Johnson Lennox
Bought by
Zafar Sadla and Delic Vadad
Seller's Agent
MATTHEW MCCOLLOUGH
KELLER WILLIAMS REALTY
Buyer's Agent
HEATHER GILHEANY
WEICHERT REALTORS
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%
Views
191
Current Estimated Value
$952,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,829
Avg. Annual Appreciation
9.32%
Original Mortgage
$596,000
Outstanding Balance
$577,300
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$375,529

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 11, 2019
Sold by
Amber Creek Properties
Bought by
Johnson Lennox and Johnson Olive
Seller's Agent
CHRISTOPH A. SCHLUENDER
CHRISTOPH SCHLUENDER REALTY
Buyer's Agent
Dimitri Dascy
EXP REALTY, LLC
List Price
$639,000
Sold Price
$580,000
Premium/Discount to List
-$59,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 20, 2018
Sold by
Johnson Benjamin C and Johnson Mary
Bought by
Amber Creek Properties
Seller's Agent
CORRADO GIANCASPRO
LIBERTY REALTY, LLC.
Buyer's Agent
CHRISTOPH A. SCHLUENDER
CHRISTOPH SCHLUENDER REALTY
List Price
$415,000
Sold Price
$325,000
Premium/Discount to List
-$90,000
-21.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.71%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Aug 22, 2013
Sold by
Marshall Pertania A and Tolliver Ann C
Bought by
Johnson Benjamin C
Seller's Agent
Marsha Bowen-washington
COLDWELL BANKER REALTY
Sold Price
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Interest Rate
4.58%
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

Date Buyer Sale Price Title Company
Zafar Sadla $745,000 Fidelity National Title
Johnson Lennox $580,000 None Available
Amber Creek Properties $325,000 --
Johnson Benjamin C $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zafar Sadla $596,000
Previous Owner Johnson Benjamin C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Sold $745,000 -6.8% $225 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $799,000 +37.8% $241 / Sq Ft
12/13/2019 12/13/19 Sold $580,000 -3.2% $175 / Sq Ft View Prior Sale
10/14/2019 10/14/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $599,000 -2.6% $181 / Sq Ft
10/02/2019 10/02/19 Price Changed $614,900 -3.8% $186 / Sq Ft
08/09/2019 08/09/19 For Sale $639,000 +96.6% $193 / Sq Ft
02/22/2018 02/22/18 Sold $325,000 -21.7% $98 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $415,000 +92.1% $125 / Sq Ft
08/15/2013 08/15/13 Sold $216,000 -- $65 / Sq Ft 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 $24,103 $646,700 $131,500 $515,200
2024 $24,103 $646,700 $131,500 $515,200
2022 $22,415 $646,700 $131,500 $515,200
2021 $24,692 $427,200 $79,400 $347,800
2020 $18,139 $323,500 $79,400 $244,100
2019 $17,194 $323,500 $79,400 $244,100
2018 $16,919 $323,500 $79,400 $244,100
2017 $15,754 $323,500 $79,400 $244,100
2016 $15,457 $323,500 $79,400 $244,100
2015 $15,052 $323,500 $79,400 $244,100
2014 $14,393 $323,500 $79,400 $244,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MATTHEW MCCOLLOUGH

    KELLER WILLIAMS REALTY

  • H

    Buyer's Agent in 2023

    HEATHER GILHEANY

    WEICHERT REALTORS

  • S

    Buyer Co-Listing Agent in 2023

    SUE MARSH SHIKIAR

    WEICHERT REALTORS

  • C

    Seller's Agent in 2019

    CHRISTOPH A. SCHLUENDER

    CHRISTOPH SCHLUENDER REALTY

  • D

    Buyer's Agent in 2019

    Dimitri Dascy

    EXP REALTY, LLC

    (866) 201-6210

    3 in this area

    91 Total Sales

    Dimitri Dascy
    Section Image

  • C

    Seller's Agent in 2018

    CORRADO GIANCASPRO

    LIBERTY REALTY, LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3820235

Garden State MLS

APN: 17-05201-0000-00014

New Jersey Essex County Orange 07050

505 Berkeley Ave, Orange, NJ

Not Listed for Sale

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