NOT LISTED FOR SALE

549 N Grove St East Orange, NJ 07017

Estimated Value: $413,000 - $528,000

5 Beds
2 Baths
-- Sq Ft
4,382 Sq Ft Lot

Last Sold June 20, 2024

Last sale price $400,000

Est. 16% increase in value since last sale

Current estimated payment $3,247/month

31 Days on Market

About This Home

As of June 2024

Wonderful opportunity for first time buyer with vision or investor. 5 bedroom, 2 bath two family with large unfinished basement. Home has lots of potential for the price. Just a few minutes away from Branch Brook Park. Won't last! Strictly sold in as is condition. Cars will be removed from the property. Tenants are vacating property prior to closing. There is also an active underground oil tank on property. CO inspections are the responsibility of the buyer.

Last Agent to Sell the Property

Travis Waller

eRealty Advisors, Inc. Listed on: 11/06/2023

eRealty Advisors, Inc.

Last Buyer's Agent

Jonathan Velasquez Ramirez

Keller Williams Park Views

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,813

Lot Details

  • 4,382 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00011 / 00121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,813

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (201) 932-2005
  • MLS Status: Sold - Sold
  • Directions: Hoffman or Springdale to N Grove
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 4382.0

Tax Info

  • Tax Annual Amount: 9813.0
  • Tax Block: 00121
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jun 20, 2024
Sold by
Davis Melvin and Davis Marvin
Bought by
Garcia Luis Arturo
Seller's Agent
Travis Waller
eRealty Advisors, Inc.
Buyer's Agent
Jonathan Velasquez Ramirez
Keller Williams Park Views
List Price
$369,900
Sold Price
$400,000
Premium/Discount to List
$30,100
8.14%
Views
72
Current Estimated Value
$462,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,983
Avg. Annual Appreciation
12.73%
Original Mortgage
$340,000
Outstanding Balance
$335,970
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$127,013

Purchase Details

Closed on
Aug 2, 1985
Bought by
Davis Melvin and Willie Mae
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
Garcia Luis Arturo $400,000 First American Title
Davis Melvin $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Luis Arturo $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $400,000 +8.1% --
12/07/2023 12/07/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $369,900 -- --
Source: New Jersey 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 $8,931 $271,900 $68,400 $203,500
2024 $8,931 $281,900 $68,400 $213,500
2023 $8,192 $281,900 $68,400 $213,500
2022 $8,192 $281,900 $68,400 $213,500
2021 $9,813 $177,100 $58,200 $118,900
2020 $9,687 $177,100 $58,200 $118,900
2019 $9,563 $177,100 $58,200 $118,900
2018 $9,445 $177,100 $58,200 $118,900
2017 $9,181 $177,100 $58,200 $118,900
2016 $9,037 $177,100 $58,200 $118,900
2015 $8,816 $177,100 $58,200 $118,900
2014 $8,692 $177,100 $58,200 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23034184

New Jersey MLS

APN: 05-00121-0000-00011-01