NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,756,000

-- Bed
-- Bath
2,675 Sq Ft
$535/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $245,000 $92 Per Sq Ft

Est. 484% increase in value since last sale

Current estimated payment $9,679/month

About This Home

As of January 2014

RARE opportunity for the newest luxury developer to bring a collection of eight, 4 bedroom/4.5 bath city-chic brownstones to life. The side by side highly desirable lots of 70-74 2nd St are located just two blocks from the heart of downtown South Orange Village, top rated restaurants, local shopping, entertainment, and trains to NYC & Hoboken. The proposed architectural plans were completed by R&D Design Group LLC and are available upon request. The buyer must go through their own due diligence and appropriate zoning approvals with the municipality. Proof of Funds and/or Prequalification required prior to in person showing approval. Both 70 and 74 2nd street are to be sold as a bundle. Buyer will inherit current property as is and current tenants. Dimensions for combined lots are 160 x 125. Photos are virtual renders of the proposed plans. MLS identifier for bundle property at 74 2nd Street is

Last Agent to Sell the Property

Paul Anyanwu

GLOBAL REALTY RESOURCE Brokerage Phone: 973-731-1200 Listed on: 01/15/2014

Last Buyer's Agent

Paul Anyanwu

GLOBAL REALTY RESOURCE Brokerage Phone: 973-731-1200 Listed on: 01/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,346

Lot Details

  • 10,454 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,346

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 70
  • I D: 4360906
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-731-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .244 AC
  • Total Acres: 0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Hmt Group Llc
Bought by
Melaku Yayine and Taddese Menassie
Current Estimated Value
$1,430,401

Purchase Details

Closed on
Mar 7, 2019
Sold by
Vreeland 5 Llc
Bought by
Kwok Veronica

Purchase Details

Closed on
Dec 31, 2014
Sold by
V5 70 2Nd Llc
Bought by
70 2Nd Street Llc

Purchase Details

Listed on
Jan 15, 2014
Closed on
Jan 15, 2014
Sold by
Malone Cheryl
Bought by
V5 70 2Nd Llc
Seller's Agent
Paul Anyanwu
GLOBAL REALTY RESOURCE
Buyer's Agent
Paul Anyanwu
GLOBAL REALTY RESOURCE
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
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
Melaku Yayine -- None Available
Kwok Veronica $400,000 --
70 2Nd Street Llc -- --
70 2Nd Street Llc -- --
V5 70 2Nd Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melaku Yayine $455,000
Closed Melaku Yayine $455,000
Previous Owner Malone Cheryl $25,000
Closed V5 70 2Nd Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $1,450,000 +491.8% --
01/15/2014 01/15/14 Sold $245,000 -- $92 / Sq Ft
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
2024 $21,346 $748,300 $281,300 $467,000
2022 $20,583 $586,900 $244,300 $342,600
2021 $19,867 $586,900 $244,300 $342,600
2020 $16,554 $504,700 $244,300 $260,400
2019 $16,140 $504,700 $244,300 $260,400
2018 $15,898 $504,700 $244,300 $260,400
2017 $15,504 $504,700 $244,300 $260,400
2016 $14,336 $374,500 $185,600 $188,900
2015 $14,003 $374,500 $185,600 $188,900
2014 $13,710 $374,500 $185,600 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3060923

Garden State MLS

APN: 19-02004-0000-00007