NOT LISTED FOR SALE

53 Olympic Terrace Irvington, NJ 07111

Estimated Value: $267,000 - $425,845

2 Beds
1 Bath
992 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $125,000 $126 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,307/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Level Lot

About This Home

As of July 2021

This home is located at 53 Olympic Terrace, Irvington, NJ 07111 since 03 June 2021 and is currently estimated at $364,711, approximately $367 per square foot. This property was built in 1913. 53 Olympic Terrace is a home located in Essex County with nearby schools including Irvington High School and St. John the Baptist Ukraini.

Last Agent to Sell the Property

Megan Scarborough

RE/MAX FIRST REALTY II Listed on: 06/03/2021

RE/MAX FIRST REALTY II

Last Buyer's Agent

Megan Scarborough

RE/MAX FIRST REALTY II Listed on: 06/03/2021

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,288

Year Built

  • Built in 1913

Lot Details

  • 25 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Standard Electricity
  • Water Tap or Transfer Fee

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1609-00351-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,288

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1913
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 53
  • Directions: 40th St to Olympic Ter
  • I D: 5081265
  • Modified: 2022-07-27
  • Number Images: 1
  • First Name: MEGAN
  • First Name3: MEGAN
  • First Name4: DOMINIQUE
  • Last Name: SCARBOROUGH
  • Last Name3: SCARBOROUGH
  • Last Name4: PRESTON
  • Office Phone: 908-664-1500
  • Office Phone3: 908-664-1500
  • Office Phone4: 908-527-1711
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Third
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra

Lot Info

  • Lot Size: 25 X 91
  • Assessed Improvement Value: 68900
  • Assessed Land Value: 19600
  • Assessment: 88500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.05
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5288
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1609-00351-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.976
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
53 Olympic Terrace Llc
Bought by
Ojo Adekunle O
Current Estimated Value
$364,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 26, 2021
Sold by
Moroney Mary V and Moroney Mary V
Bought by
53 Olympic Ter Llc
Seller's Agent
Megan Scarborough
RE/MAX FIRST REALTY II
Buyer's Agent
Megan Scarborough
RE/MAX FIRST REALTY II
List Price
$1,500,001
Sold Price
$125,000
Premium/Discount to List
-$1,375,001
-91.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.04%
Original Mortgage
$170,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
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
Ojo Adekunle O $335,000 New Era Title & Settlement
53 Olympic Ter Llc $125,000 Integra Title & Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ojo Adekunle O $328,932
Previous Owner 53 Olympic Ter Llc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $125,000 -16.7% $126 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/17/2021 06/17/21 Price Changed $150,000 -90.0% $151 / Sq Ft
06/03/2021 06/03/21 For Sale $1,500,001 -- $1,512 / 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 $12,189 $468,000 $159,100 $308,900
2024 $12,189 $200,700 $19,600 $181,100
2022 $5,275 $88,500 $19,600 $68,900
2021 $5,291 $88,500 $19,600 $68,900
2020 $5,289 $88,500 $19,600 $68,900
2019 $5,145 $88,500 $19,600 $68,900
2018 $5,045 $88,500 $19,600 $68,900
2017 $5,022 $88,500 $19,600 $68,900
2016 $4,914 $88,500 $19,600 $68,900
2015 $4,799 $88,500 $19,600 $68,900
2014 $4,829 $88,500 $19,600 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Megan Scarborough

    Seller's Agent in 2021

    Megan Scarborough

    RE/MAX

    (973) 855-6715

    5 in this area

    25 Total Sales

    Megan Scarborough
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3720950

Garden State MLS

APN: 09-00351-0000-00008

New Jersey Essex County Irvington 07111

53 Olympic Terrace, Irvington, NJ

This home is located at 53 Olympic Terrace, Irvington, NJ 07111 since 03 June 2021 and is currently estimated at $364,711, approximately $367 per square foot. This property was built in 1913. 53 Olympic Terrace is a home located in Essex County with nearby schools including Irvington High School and St. John the Baptist Ukraini.

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