NOT LISTED FOR SALE

Estimated Value: $812,000 - $890,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $670,000

Est. 25% increase in value since last sale

Current estimated payment $6,303/month

21 Days on Market

About This Home

As of June 2022

This home is located at 58 New St, East Orange, NJ 07017 since 18 April 2022 and is currently estimated at $839,368. This property was built in 1925. 58 New St is a home located in Essex County with nearby schools including Mildred B. Garvin School, John L Costley Middle School, and Patrick F Healy Middle School.

Last Agent to Sell the Property

RONALD FOWLIN

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 04/18/2022

Last Buyer's Agent

CAASI L. COFER

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,852

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,852

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 58
  • I D: 5143823
  • Modified: 2023-06-25
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 29X146
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 8, 2022
Sold by
Danielle Forbes
Bought by
Osuwah Chisom
Seller's Agent
RONALD FOWLIN
COLDWELL BANKER REALTY
Buyer's Agent
CAASI L. COFER
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Current Estimated Value
$839,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,368
Avg. Annual Appreciation
7.30%
Original Mortgage
$648,045
Outstanding Balance
$617,489
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$221,879

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 22, 2021
Sold by
Kearny Jameel H and Kearney Jameel H
Bought by
Forbes Danielle
Seller's Agent
Michelle Cooper
COMPASS NEW JERSEY LLC
Buyer's Agent
Irving Cham
COLDWELL BANKER REALTY
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.38%
Original Mortgage
$20,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2012
Sold by
Kings Investments Ll
Bought by
58 New Street Holdings Llc

Purchase Details

Listed on
Mar 23, 2012
Closed on
Feb 24, 2012
Sold by
Royal Tax Lien Services Llc
Bought by
Kings Investments Llc
Seller's Agent
Rudolph Daunno
DAUNNO REALTY SERVICES LLC
Buyer's Agent
ERICA CAMPBELL
EXIT PLATINUM REALTY
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%
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
Osuwah Chisom $670,000 Carnegie Title
Forbes Danielle $500,000 Foundation Title Llc
58 New Street Holdings Llc $62,000 --
Kings Investments Llc $39,900 East Coast Title & Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osuwah Chisom $648,045
Previous Owner Forbes Danielle $20,000
Previous Owner Forbes Danielle $20,000
Previous Owner Forbes Danielle $480,164
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $670,000 +3.1% --
05/09/2022 05/09/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $650,000 +30.0% --
03/23/2021 03/23/21 Sold $500,000 +2.2% --
12/17/2020 12/17/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $489,000 +1125.6% --
03/23/2012 03/23/12 Sold $39,900 -- --
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 $20,852 $658,200 $67,900 $590,300
2024 $20,852 $658,200 $67,900 $590,300
2022 $15,411 $530,300 $67,900 $462,400
2021 $12,584 $227,100 $57,900 $169,200
2020 $6,438 $117,700 $57,900 $59,800
2019 $6,356 $117,700 $57,900 $59,800
2018 $6,288 $117,900 $57,900 $60,000
2017 $9,410 $117,900 $57,900 $60,000
2016 $9,410 $184,400 $57,900 $126,500
2015 $9,179 $184,400 $57,900 $126,500
2014 $9,050 $184,400 $57,900 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3775946

Garden State MLS

APN: 05-00254-0000-00005