NOT LISTED FOR SALE

509 Madison St Orange, NJ 07050

Estimated Value: $401,000 - $503,000

3 Beds
1.5 Baths
946 Sq Ft
$486/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $323,000 $341 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,360/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Laundry Room
  • Deck
  • Breakfast Bar
  • Storage Room

About This Home

As of September 2021

Your white picket-fenced home awaits you. Walk into your front garden leading to an open porch that doubles as a mudroom in the winter. Gleaming hardwood floors greet you as you enter your beautifully decorated first floor. The galley-style kitchen, which sits off an adjoining, charming dining room, has a breakfast nook where you start off every morning right. Your kitchen leads to an oasis of a backyard, complete with a deck perfect for outdoor entertaining and to enjoy at your leisure. Go for a stroll. You re within walking distance of shopping, banks, and public transportation. This home is a pleasure to behold and will not last.

Last Agent to Sell the Property

NICHOLAS GARCIA

BHHS JORDAN BARIS REALTY Listed on: 04/22/2021

Co-Listed By

RICHARD W MAIR

BHHS JORDAN BARIS REALTY

Last Buyer's Agent

NICHOLAS GARCIA

BHHS JORDAN BARIS REALTY Listed on: 04/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,249

Year Built

  • Built in 1891 | Remodeled

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Storage Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Additional Features

  • Deck
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1617-02504-0000-00028-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,249

Year Built

Built in 1891 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1891
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Renovated Year: 2008
  • Street Number Display: 509
  • Directions: Take S Jefferson St and Monroe St to Madison St in City of Orange
  • I D: 5065313
  • Modified: 2022-09-17
  • Number Images: 21
  • First Name: NICHOLAS
  • First Name2: RICHARD W
  • First Name3: NICHOLAS
  • First Name4: RICHARD W
  • Last Name: GARCIA
  • Last Name2: MAIR
  • Last Name3: GARCIA
  • Last Name4: MAIR
  • Office Phone: 9737361600
  • Office Phone2: 973-736-1600
  • Office Phone3: 9737361600
  • Office Phone4: 973-736-1600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar, Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-736-1600

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X107
  • Assessed Improvement Value: 76600
  • Assessed Land Value: 52700
  • Assessment: 129300
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7249
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1617-02504-0000-00028-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.607
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Sep 16, 2021
Sold by
Jones Chavonne
Bought by
Marrow Hanee Bakeer and Jones Victoria Denise
Seller's Agent
NICHOLAS GARCIA
BHHS JORDAN BARIS REALTY
Buyer's Agent
NICHOLAS GARCIA
BHHS JORDAN BARIS REALTY
List Price
$299,900
Sold Price
$323,000
Premium/Discount to List
$23,100
7.7%
Current Estimated Value
$460,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,171
Avg. Annual Appreciation
9.53%
Original Mortgage
$317,149
Outstanding Balance
$289,837
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$170,334

Purchase Details

Closed on
Aug 31, 2006
Sold by
Lewis Ruth
Bought by
Jones Chavonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,700
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Marrow Hanee Bakeer $323,000 Abco Of Northampton Llc
Jones Chavonne $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrow Hanee Bakeer $317,149
Closed Marrow Hanee Bakeer $10,000
Previous Owner Jones Chavonne $28,000
Previous Owner Jones Chavonne $20,000
Previous Owner Jones Chavonne $175,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $323,000 0.0% $341 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/13/2021 05/13/21 Off Market $323,000 -- --
04/22/2021 04/22/21 For Sale $299,900 -- $317 / 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 $10,089 $270,700 $79,600 $191,100
2024 $10,089 $270,700 $79,600 $191,100
2022 $9,382 $270,700 $79,600 $191,100
2021 $7,474 $129,300 $52,700 $76,600
2020 $7,250 $129,300 $52,700 $76,600
2019 $6,872 $129,300 $52,700 $76,600
2018 $6,762 $129,300 $52,700 $76,600
2017 $6,297 $129,300 $52,700 $76,600
2016 $6,178 $129,300 $52,700 $76,600
2015 $6,016 $129,300 $52,700 $76,600
2014 $5,753 $129,300 $52,700 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3706812

Garden State MLS

APN: 17-02504-0000-00028