NOT LISTED FOR SALE

540 Berkeley Ave Orange, NJ 07050

Estimated Value: $616,000 - $1,029,000

5 Beds
3.5 Baths
3,601 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2018

Last sale price $300,000 $83 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,428 / mo

107 Days on Market

Highlights

  • Custom Home
  • 2 Car Detached Garage
  • Laundry Room
  • Attic
  • Porch
  • Entrance Foyer

About This Home

As of October 2018

Great investment opportunity in the Seven Oaks Section! Amazing Fixer-Upper with huge amount of character and LOTS Of Potential. The interior has been gutted, while maintaining the style of the home. All electrical and plumbing has been recently updated. Home being sold "AS IS" with buyer responsible for CO and All Closing Requirements. With the right TLC, this house can be the Perfect Dream Home! Backyard has lots of space for entertaining with the large porch.

Last Agent to Sell the Property

CHIQUITA RAY

WEICHERT REALTORS Listed on: 05/09/2018

Last Buyer's Agent

CHIQUITA RAY

WEICHERT REALTORS Listed on: 05/09/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,968

Year Built

  • Built in 1900

Lot Details

  • 16,117 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Shingled Roof
  • Wood Siding
  • Clapboard

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Front Basement Entry
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1617-05701-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,968

Year Built

Built in 1900

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: Driveway
  • Directions: Scotland Rd. to Tremont Ave. to Berkeley Ave. or Heywood Ave. to Berkeley Ave.
  • I D: 4802107
  • Section Subdiv Development: Seven Oaks
  • First Name: CHIQUITA
  • First Name3: CHIQUITA
  • Last Name: RAY
  • Last Name3: RAY
  • Office Phone: (973)731-6064
  • Office Phone3: (973)731-6064
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Toilet
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Third
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Entrance Vestibule, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Attic, Storage Room, Bath(s) Other
  • Phone: 973-731-6064

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Metal Fence, Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 80X200
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8968
  • Assessor Parcel Number: 1617-05701-0000-00012-0000-
  • Tax Rate Amount: 4.870
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

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

Closed on
Aug 23, 2019
Sold by
Bought by
Current Estimated Value
$831,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Outstanding Balance
$339,378
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$492,507

Purchase Details

Listed on
May 9, 2018
Closed on
Oct 11, 2018
Sold by
Bought by
Seller's Agent
CHIQUITA RAY
WEICHERT REALTORS
Buyer's Agent
CHIQUITA RAY
WEICHERT REALTORS
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$374,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2010
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
$328,652
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
-- Surety Title
$300,000 --
$310,000 Legend Title
$135,000 None Available
-- First American Title Ins Co
$340,000 First American Title Ins Co
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
Open $387,500
Previous Owner $374,500
Previous Owner $328,652
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
10/12/2018 10/12/18 Sold $300,000 -9.1% $83 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $330,000 -- $92 / 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 $23,069 $590,000 $183,300 $406,700
2024 $23,107 $590,000 $183,300 $406,700
2022 $21,489 $620,000 $183,300 $436,700
2021 $10,849 $187,700 $86,100 $101,600
2020 $10,524 $187,700 $86,100 $101,600
2019 $9,976 $187,700 $86,100 $101,600
2018 $9,817 $187,700 $86,100 $101,600
2017 $9,141 $187,700 $86,100 $101,600
2016 $8,968 $187,700 $86,100 $101,600
2015 $8,734 $187,700 $86,100 $101,600
2014 $13,085 $294,100 $86,100 $208,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CHIQUITA RAY

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3468861

Garden State MLS

APN: 17-05701-0000-00012

New Jersey Essex County Orange 07050

540 Berkeley Ave, Orange, NJ

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