NOT LISTED FOR SALE

624 S Orange Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $666,000 - $800,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $700,000

Est. 7% increase in value since last sale

Current estimated payment $4,999/month

36 Days on Market

About This Home

As of July 2023

This home is located at 624 S Orange Ave, Newark, NJ 07106 since 04 April 2023 and is currently estimated at $745,637. This property was built in 2008. 624 S Orange Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Last Agent to Sell the Property

ANTHONY TORRES

RE/MAX SELECT Brokerage Phone: 201-559-5770 Listed on: 04/04/2023

Last Buyer's Agent

ANTHONY TORRES

RE/MAX SELECT Brokerage Phone: 201-559-5770 Listed on: 04/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,613

Year Built

  • Built in 2008

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,613

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Essex
  • Street Number Display: 624
  • I D: 5212811
  • Modified: 2024-07-08
  • Number Images: 1
  • Attribution Contact: 201-559-5770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 28, 2023
Sold by
Prince Luxury Real Estate Llc
Bought by
Adeleke Taiwo O and Oyedeji Mufutau A
Seller's Agent
ANTHONY TORRES
RE/MAX SELECT
Buyer's Agent
ANTHONY TORRES
RE/MAX SELECT
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Views
538
Current Estimated Value
$745,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,637
Avg. Annual Appreciation
6.62%
Original Mortgage
$687,321
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2022
Sold by
Okata Gift I
Bought by
Prince Luxury Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.11%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2022
Sold by
D & P Llc
Bought by
Okata Gift I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.11%
Mortgage Type
Balloon

Purchase Details

Closed on
May 24, 2005
Sold by
Jackson Gerald
Bought by
D&P Llc

Purchase Details

Closed on
Mar 5, 1999
Sold by
Howard Maurice
Bought by
Jackson Gerald

Purchase Details

Closed on
May 15, 1995
Sold by
Newark
Bought by
Howard Maurice

Purchase Details

Closed on
Apr 29, 1990
Sold by
Allen William H and Allen Ardelia L
Bought by
Mathis Henry
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
Adeleke Taiwo O $700,000 American Land Title
Prince Luxury Real Estate Llc $510,000 Ats Title
Okata Gift I $510,000 Ats Title
D&P Llc $90,000 --
Jackson Gerald $6,000 --
Howard Maurice $1,250 --
Mathis Henry $255,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adeleke Taiwo O $687,321
Previous Owner Okata Gift I $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $700,000 0.0% --
05/10/2023 05/10/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $700,000 +7.7% --
04/04/2023 04/04/23 For Sale $650,000 -- --
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 $11,613 $311,500 $17,200 $294,300
2024 $11,613 $311,500 $17,200 $294,300
2022 $8,283 $221,700 $17,200 $204,500
2021 $8,278 $221,700 $17,200 $204,500
2020 $8,425 $221,700 $17,200 $204,500
2019 $8,338 $221,700 $17,200 $204,500
2018 $8,187 $221,700 $17,200 $204,500
2017 $7,893 $221,700 $17,200 $204,500
2016 $7,626 $221,700 $17,200 $204,500
2015 $7,336 $221,700 $17,200 $204,500
2014 $6,875 $221,700 $17,200 $204,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ANTHONY TORRES

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3836488

Garden State MLS

APN: 14-04004-0000-00007

New Jersey Essex County Newark 07106 Lower Vailsburg

624 S Orange Ave, Newark, NJ

This home is located at 624 S Orange Ave, Newark, NJ 07106 since 04 April 2023 and is currently estimated at $745,637. This property was built in 2008. 624 S Orange Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

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