NOT LISTED FOR SALE

557 Mcchesney St Unit 2 Orange, NJ 07050

Estimated Value: $622,617 - $721,000

-- Bed
2 Baths
-- Sq Ft
3,279 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $500,000

Est. 34% increase in value since last sale

Current estimated payment $4,965/month

99 Days on Market

About This Home

As of October 2022

This home is located at 557 Mcchesney St Unit 2, Orange, NJ 07050 since 15 May 2022 and is currently estimated at $670,154. This property was built in 2003. 557 Mcchesney St Unit 2 is a home located in Essex County.

Last Agent to Sell the Property

ABUBAKAR HABIB

DIAS & ASSOCIATES REALTY Brokerage Phone: 973-751-1552 Listed on: 05/15/2022

Last Buyer's Agent

JOHN KESSIE

ERA QUEEN CITY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,750

Year Built

  • Built in 2003

Lot Details

  • 3,279 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,750

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Essex
  • Street Number Display: 557
  • I D: 5150934
  • Modified: 2023-10-15
  • Number Images: 1
  • Attribution Contact: 973-751-1552
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3279 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Gyimah Vera
Bought by
Ampiaw Nicholas K
Current Estimated Value
$670,154

Purchase Details

Listed on
May 15, 2022
Closed on
Oct 14, 2022
Sold by
Opaleye Olatunde G and Opaleye Olufunke
Bought by
Ampiaw Nicholas K and Gymiah Vera
Seller's Agent
ABUBAKAR HABIB
DIAS & ASSOCIATES REALTY
Buyer's Agent
JOHN KESSIE
ERA QUEEN CITY REALTY
List Price
$549,999
Sold Price
$500,000
Premium/Discount to List
-$49,999
-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
11.83%
Original Mortgage
$393,600
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2003
Sold by
Alessi Antonio
Bought by
Opaleye Olatunde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.98%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ampiaw Nicholas K -- American Land Title
Ampiaw Nicholas K $500,000 Foundation Title
Opaleye Olatunde $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ampiaw Nicholas K $393,600
Previous Owner Opaleye Olatunde $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $500,000 -4.8% --
08/22/2022 08/22/22 Pending -- -- --
06/17/2022 06/17/22 Price Changed $524,999 -4.5% --
05/15/2022 05/15/22 For Sale $549,999 -- --
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 $15,750 $422,600 $84,300 $338,300
2024 $15,750 $422,600 $84,300 $338,300
2022 $13,947 $402,400 $84,300 $318,100
2021 $13,005 $225,000 $43,200 $181,800
2020 $12,616 $225,000 $43,200 $181,800
2019 $13,458 $253,200 $43,200 $210,000
2018 $13,242 $253,200 $43,200 $210,000
2017 $12,974 $266,400 $43,200 $223,200
2016 $12,729 $266,400 $43,200 $223,200
2015 $12,396 $266,400 $43,200 $223,200
2014 $11,852 $266,400 $43,200 $223,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ABUBAKAR HABIB

    DIAS & ASSOCIATES REALTY

  • J

    Buyer's Agent in 2022

    JOHN KESSIE

    ERA QUEEN CITY REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3782332

Garden State MLS

APN: 17-06003-0000-00032

New Jersey Essex County Orange 07050

557 Mcchesney St Unit 2, Orange, NJ

This home is located at 557 Mcchesney St Unit 2, Orange, NJ 07050 since 15 May 2022 and is currently estimated at $670,154. This property was built in 2003. 557 Mcchesney St Unit 2 is a home located in Essex County.

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