NOT LISTED FOR SALE

561 Morris St Unit 2 Orange, NJ 07050

Estimated Value: $532,000 - $603,000

-- Bed
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $311,000

Est. 84% increase in value since last sale

Current estimated payment $4,100/month

30 Days on Market

About This Home

As of October 2020

This home is located at 561 Morris St Unit 2, Orange, NJ 07050 since 08 July 2020 and is currently estimated at $572,829. 561 Morris St Unit 2 is a home located in Essex County with nearby schools including Weekday School.

Last Agent to Sell the Property

HENRI DESIR

CENTRAL 2000'S MANAGEMENT REALTY Listed on: 07/08/2020

Last Buyer's Agent

Gladys Gabriel

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,761

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,761

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 561
  • I D: 4995968
  • Modified: 2021-10-21
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X120
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 19, 2020
Sold by
Antoine Vergerol
Bought by
Therlonge Nerlande
Seller's Agent
HENRI DESIR
CENTRAL 2000'S MANAGEMENT REALTY
Buyer's Agent
Gladys Gabriel
WEICHERT REALTORS
List Price
$329,900
Sold Price
$311,000
Premium/Discount to List
-$18,900
-5.73%
Current Estimated Value
$572,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,829
Avg. Annual Appreciation
13.10%
Original Mortgage
$305,367
Outstanding Balance
$271,113
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$301,716

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 10, 2020
Sold by
Antoine Vergerol
Bought by
Therlonge Nerlande
Seller's Agent
HENRI DESIR
CENTRAL 2000'S MANAGEMENT REALTY
Buyer's Agent
Gladys Gabriel
WEICHERT REALTORS
List Price
$329,900
Sold Price
$311,000
Premium/Discount to List
-$18,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,367
Outstanding Balance
$271,113
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$301,716

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jul 8, 2013
Bought by
Antoine Vergerol
Seller's Agent
ANTHONY COLAS
CENTRAL 2000'S MANAGEMENT REALTY
Buyer's Agent
ANTHONY COLAS
CENTRAL 2000'S MANAGEMENT REALTY
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.84%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Lawrence Ephraim and Lawrence Teselyn
Bought by
Deutsche Bank National Trus Tcompany

Purchase Details

Closed on
Mar 27, 2006
Sold by
Telford Dennis
Bought by
Lawrence Ephraim and Lawrence Teselyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 1999
Sold by
Hud
Bought by
Telford Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,096
Interest Rate
7.09%
Mortgage Type
FHA
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
Therlonge Nerlande $311,000 Title Experts
Therlonge Nerlande $311,000 Title Experts Nj
Antoine Vergerol $65,000 --
Deutsche Bank National Trus Tcompany -- None Available
Lawrence Ephraim $315,000 --
Telford Dennis $73,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Therlonge Nerlande $305,367
Closed Therlonge Nerlande $305,367
Previous Owner Lawrence Ephraim $283,500
Previous Owner Telford Dennis $119,096
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2020 10/20/20 Sold $311,000 -5.7% --
08/07/2020 08/07/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $329,900 +407.5% --
06/28/2013 06/28/13 Sold $65,000 -- -- View Prior Sale
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 $12,761 $342,400 $132,000 $210,400
2024 $12,761 $342,400 $132,000 $210,400
2022 $11,868 $342,400 $132,000 $210,400
2021 $11,069 $191,500 $48,000 $143,500
2020 $9,448 $168,500 $48,000 $120,500
2019 $8,956 $168,500 $48,000 $120,500
2018 $8,813 $168,500 $48,000 $120,500
2017 $8,206 $168,500 $48,000 $120,500
2016 $8,051 $168,500 $48,000 $120,500
2015 $7,840 $168,500 $48,000 $120,500
2014 $7,497 $168,500 $48,000 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3646709

Garden State MLS

APN: 17-06209-0000-00012