Seller's Agent in 2025
Raquel Collaguazo
Weichert Realtors-Manalapan
(917) 670-7429
1 in this area
60 Total Sales
585 Valley St Orange, NJ 07050
5
Beds
4
Baths
2,405
Sq Ft
4,356
Sq Ft Lot
About This Home
As of April 2025Welcome Home to 585 Valley St! This fantastic, updated multi-family home offers the perfect opportunity to live in one unit while renting out the other, or make it your next great investment! The first-floor unit features a spacious layout with a cozy living room, one bedroom, an updated eat-in kitchen, hardwood flooring throughout,and a bonus room. The second unit boasts 3-4 bedrooms, a large, updated eat-in kitchen, and two bathrooms. Additionally, the home includes a finished basement with endless potential. Enjoy the convenience of driveway parking for easy access. Ideally located near schools, restaurants, boutique shops, places of worship, and just minutes from the highway.
Last Agent to Sell the Property
Weichert Realtors-Manalapan License #1644309 Listed on: 02/12/2025
Last Buyer's Agent
NON MEMBER MORR
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,303
Year Built
- Built in 1909
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 50 x 107
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: tenant belongings
- Assessor Parcel Number 17-06101-0000-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
Apr 23, 2025
Sold by
Rodriguez Rosa and Fajardo Rosa
Bought by
Merritt Lamarr and Merritt Tanzania
Seller's Agent
Raquel Collaguazo
Weichert Realtors-Manalapan
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,603
Avg. Annual Appreciation
7.60%
Original Mortgage
$687,321
Outstanding Balance
$685,501
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$31,102
Purchase Details
Listed on
Apr 3, 2016
Closed on
May 5, 2016
Sold by
Fannie Mae
Bought by
Cajamarca Segundo
Seller's Agent
Paul Anyanwu
GLOBAL REALTY RESOURCE
Buyer's Agent
Paul Anyanwu
GLOBAL REALTY RESOURCE
List Price
$122,500
Sold Price
$125,000
Premium/Discount to List
$2,500
2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%
Purchase Details
Closed on
Mar 23, 2011
Sold by
Murillo Santos
Bought by
Gallagher Janet M
Purchase Details
Closed on
Dec 14, 2004
Sold by
Cisneros David
Bought by
Murillo Santos and Gallagher Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 2002
Sold by
Johnson Cavell
Bought by
Cisneros David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
6.11%
Purchase Details
Closed on
Mar 17, 1998
Sold by
Urban Asset Mgmt Llc
Bought by
Johnson Cavell G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.11%
Purchase Details
Closed on
Feb 26, 1998
Sold by
Wmfc 1997 4 Prop
Bought by
Urban Asset Mgt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.11%
Purchase Details
Closed on
Jul 28, 1995
Sold by
Presina Carlos
Bought by
Resina C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | None Listed On Document | |
| Deed | $125,000 | Scott Title Services Llc | |
| Deed | -- | None Available | |
| Deed | $270,000 | -- | |
| Deed | $158,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | $59,000 | -- | |
| Deed | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $687,321 | FHA | |
| Previous Owner | $243,000 | Purchase Money Mortgage | |
| Previous Owner | $150,100 | No Value Available | |
| Previous Owner | $115,000 | No Value Available | |
| Closed | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $700,000 | +0.1% | $291 / Sq Ft |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $699,000 | +459.2% | $291 / Sq Ft |
| 05/31/2016 05/31/16 | Sold | $125,000 | +2.0% | $52 / Sq Ft |
| 04/19/2016 04/19/16 | Pending | -- | -- | -- |
| 04/03/2016 04/03/16 | For Sale | $122,500 | -- | $51 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,633 | $365,800 | $93,200 | $272,600 |
| 2024 | $13,633 | $365,800 | $93,200 | $272,600 |
| 2022 | $12,679 | $365,800 | $93,200 | $272,600 |
| 2021 | $12,306 | $212,900 | $47,300 | $165,600 |
| 2020 | $11,937 | $212,900 | $47,300 | $165,600 |
| 2019 | $11,316 | $212,900 | $47,300 | $165,600 |
| 2018 | $11,135 | $212,900 | $47,300 | $165,600 |
| 2017 | $10,368 | $212,900 | $47,300 | $165,600 |
| 2016 | $10,172 | $212,900 | $47,300 | $165,600 |
| 2015 | $9,906 | $212,900 | $47,300 | $165,600 |
| 2014 | $9,472 | $212,900 | $47,300 | $165,600 |
Source: Public Records
Agents Affiliated with this Home
-
Raquel Collaguazo
-
N
Buyer's Agent in 2025
NON MEMBER MORR
NON MEMBER
-
Paul Anyanwu
Seller's Agent in 2016
Paul Anyanwu
GLOBAL REALTY RESOURCE
(973) 985-4013
6 in this area
33 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22503328
APN: 17-06101-0000-00014
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