NOT LISTED FOR SALE

505 S Clinton St East Orange, NJ 07018

Estimated Value: $581,000 - $649,000

7 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $530,000

Est. 15% increase in value since last sale

Current estimated payment $4,272/month

14 Days on Market

About This Home

As of August 2023

This home is located at 505 S Clinton St, East Orange, NJ 07018 since 15 June 2023 and is currently estimated at $611,952. 505 S Clinton St is a home located in Essex County with nearby schools including Benjamin Banneker Academy, Sojourner Truth Middle School, and John L Costley Middle School.

Last Agent to Sell the Property

Alen Esendir

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300 Listed on: 06/15/2023

KELLER WILLIAMS VILLAGE SQUARE

Co-Listed By

Haig Vartivarian

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300

Last Buyer's Agent

Frank Madrid

REALTY ONE GROUP PARAMOUNT

REALTY ONE GROUP PARAMOUNT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,259

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,259

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 505
  • I D: 5227502
  • Modified: 2024-08-29
  • Number Images: 1
  • Attribution Contact: 201-445-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 8, 2023
Sold by
Thompson Ressie
Bought by
Victor Homes Llc
Seller's Agent
Alen Esendir
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Frank Madrid
REALTY ONE GROUP PARAMOUNT
List Price
$478,000
Sold Price
$530,000
Premium/Discount to List
$52,000
10.88%
Views
84
Current Estimated Value
$611,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,952
Avg. Annual Appreciation
11.14%
Original Mortgage
$397,500
Outstanding Balance
$389,168
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$264,779

Purchase Details

Listed on
Apr 12, 2018
Closed on
Aug 31, 2018
Sold by
Troncal Investor Group
Bought by
Thompson Ressie
Seller's Agent
Carl Mohan
RE/MAX SOLUTIONS
Buyer's Agent
Alen Esendir
KELLER WILLIAMS VILLAGE SQUARE
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$260,988
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 15, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Troncal Investor Group Llc
Seller's Agent
Chrissy Bacia
BACIA REALTY
Buyer's Agent
LEON BROWN
CENTURY 21 PREFERRED REALTY, INC
List Price
$99,900
Sold Price
$96,000
Premium/Discount to List
-$3,900
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.22%

Purchase Details

Closed on
Dec 28, 2015
Sold by
Omwega Tom and Kiage Bitengo
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 2, 2008
Sold by
Omwega Tom and Kiage Bitengo
Bought by
Omwega Tom and Kiage Bitengo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,308
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2006
Sold by
Basic Investment Corp
Bought by
Omwega Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
8.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 3, 2005
Sold by
Benjamin Gerda
Bought by
Momanyi Bartholomew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2005
Sold by
Green Eunis
Bought by
Benjamin Gerda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2002
Sold by
Gordon Neville
Bought by
Green Ennis

Purchase Details

Closed on
Sep 15, 2000
Sold by
Moody Bennie
Bought by
Green Eunis I and Gordon Neville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
8%
Source: Public Records

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 Buyer Sale Price Title Company
Victor Homes Llc $530,000 Old Republic National Title
Thompson Ressie $270,000 Guaranty Title Agency
Troncal Investor Group Llc $96,000 None Available
Bayview Loan Servicing Llc -- None Listed On Document
Omwega Tom -- Chicago Title
Omwega Tom $345,000 --
Momanyi Bartholomew $275,000 --
Benjamin Gerda $140,000 --
Green Ennis -- --
Green Eunis I $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Homes Llc $397,500
Previous Owner Thompson Ressie $317,572
Previous Owner Thompson Ressie $258,775
Previous Owner Thompson Ressie $261,503
Previous Owner Thompson Ressie $260,988
Previous Owner Troncal Investor Group $10,000
Previous Owner Troncal Investor Group Llc $54,000
Previous Owner Omwega Tom $347,442
Previous Owner Omwega Tom $342,308
Previous Owner Omwega Tom $310,500
Previous Owner Momanyi Bartholomew $220,000
Previous Owner Benjamin Gerda $112,000
Previous Owner Green Eunis I $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $530,000 +10.9% --
06/29/2023 06/29/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $478,000 +77.0% --
08/31/2018 08/31/18 Sold $270,000 -3.2% --
06/27/2018 06/27/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $279,000 +190.6% --
02/03/2017 02/03/17 Sold $96,000 -3.9% --
12/19/2016 12/19/16 Pending -- -- --
11/05/2016 11/05/16 For Sale $99,900 -- --
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 $11,259 $479,400 $78,900 $400,500
2024 $11,259 $479,400 $78,900 $400,500
2022 $10,328 $355,400 $78,900 $276,500
2021 $10,644 $192,100 $43,400 $148,700
2020 $10,508 $192,100 $43,400 $148,700
2019 $9,023 $167,100 $43,400 $123,700
2018 $8,911 $167,100 $43,400 $123,700
2017 $8,662 $167,100 $43,400 $123,700
2016 $8,527 $167,100 $43,400 $123,700
2015 $8,318 $167,100 $43,400 $123,700
2014 $8,201 $167,100 $43,400 $123,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alen Esendir

    KELLER WILLIAMS VILLAGE SQUARE

    (201) 914-1100

    1 in this area

    13 Total Sales

    Alen Esendir
    Section Image
  • Haig Vartivarian

    Seller Co-Listing Agent in 2023

    Haig Vartivarian

    KELLER WILLIAMS VILLAGE SQUARE

    (201) 303-2999

    1 in this area

    26 Total Sales

    Haig Vartivarian
    Section Image

  • F

    Buyer's Agent in 2023

    Frank Madrid

    REALTY ONE GROUP PARAMOUNT

    (201) 347-3255

    1 in this area

    6 Total Sales

    Frank Madrid
    Section Image
  • Carl Mohan

    Seller's Agent in 2018

    Carl Mohan

    RE/MAX

    (973) 280-7705

    1 in this area

    4 Total Sales

    Carl Mohan
    Section Image
  • David Mohan

    Seller Co-Listing Agent in 2018

    David Mohan

    RE/MAX

    (973) 517-2278

    13 in this area

    38 Total Sales

    David Mohan
    Section Image
  • Chrissy Bacia

    Seller's Agent in 2017

    Chrissy Bacia

    BACIA REALTY

    (201) 888-6737

    12 Total Sales

    Chrissy Bacia
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3849506

Garden State MLS

APN: 05-00461-0000-00032

New Jersey Essex County East Orange 07018

505 S Clinton St, East Orange, NJ

This home is located at 505 S Clinton St, East Orange, NJ 07018 since 15 June 2023 and is currently estimated at $611,952. 505 S Clinton St is a home located in Essex County with nearby schools including Benjamin Banneker Academy, Sojourner Truth Middle School, and John L Costley Middle School.

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