NOT LISTED FOR SALE

85 Franklin Terrace Unit 87 Irvington, NJ 07111

Estimated Value: $628,000 - $697,000

6 Beds
4 Baths
2,520 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $592,000 $235 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,582/month

14 Days on Market

About This Home

As of December 2023

Spacious 3 Family home with finished basement near the Maplewood border of Irvington. Huge lot with detached garage/storage room and lots of parking space. This is an investor's delight or owner occupant. Come see and be surprised at what you get! Property is being sold AS IS with buyer responsible for all requirements for town certification. Green card is available. Hurry! This will NOT last!

Last Agent to Sell the Property

Audrey Porter Plummer

RE/MAX SELECT - Morristown Listed on: 10/12/2023

RE/MAX SELECT - Morristown

Last Buyer's Agent

Julia Segal

Compass New Jersey, LLC-Montclair

Compass New Jersey, LLC-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,219

Lot Details

  • 6,247

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 6,247 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00002 / 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,219

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 539-6300
  • MLS Status: Sold - Sold
  • Directions: Between Elmwood & Tiffany Pl
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 6247.0

Tax Info

  • Tax Annual Amount: 12219.0
  • Tax Block: 00001
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 18, 2023
Sold by
Bell Leon and Ford Kadyann
Bought by
Dieudonne Windia
Seller's Agent
Audrey Porter Plummer
RE/MAX SELECT - Morristown
Buyer's Agent
Julia Segal
Compass New Jersey, LLC-Montclair
List Price
$499,900
Sold Price
$592,000
Premium/Discount to List
$92,100
18.42%
Views
30
Current Estimated Value
$678,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,375
Avg. Annual Appreciation
6.71%
Original Mortgage
$562,400
Outstanding Balance
$552,957
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$120,329

Purchase Details

Closed on
Jun 10, 2004
Sold by
Olmedo Alfredo
Bought by
Bell Leon and Ford Kadyann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,805
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1991
Sold by
Weiss Bozena Bilas
Bought by
Olmedo Olmedo A and Olmedo M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dieudonne Windia $592,000 States Title
Bell Leon $280,000 --
Olmedo Olmedo A $180,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dieudonne Windia $562,400
Previous Owner Bell Leon $277,805
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $592,000 +18.4% $235 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $499,900 -15.6% $198 / Sq Ft
10/19/2023 10/19/23 Off Market $592,000 -- --
10/12/2023 10/12/23 For Sale $499,900 -- $198 / Sq Ft
Source: New Jersey 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 $12,219 $566,800 $202,500 $364,300
2024 $12,219 $263,100 $36,300 $226,800
2022 $11,994 $201,200 $36,300 $164,900
2021 $12,030 $201,200 $36,300 $164,900
2020 $12,024 $201,200 $36,300 $164,900
2019 $11,698 $201,200 $36,300 $164,900
2018 $11,470 $201,200 $36,300 $164,900
2017 $11,418 $201,200 $36,300 $164,900
2016 $11,171 $201,200 $36,300 $164,900
2015 $10,911 $201,200 $36,300 $164,900
2014 $10,977 $201,200 $36,300 $164,900
Source: Public Records

Agents Affiliated with this Home

  • Audrey Porter Plummer

    Seller's Agent in 2023

    Audrey Porter Plummer

    RE/MAX

    (973) 204-5256

    6 in this area

    27 Total Sales

    Audrey Porter Plummer
    Section Image
  • Julia Segal

    Buyer's Agent in 2023

    Julia Segal

    Compass New Jersey, LLC-Montclair

    (201) 306-5088

    1 in this area

    5 Total Sales

    Julia Segal
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23031618

New Jersey MLS

APN: 09-00001-0000-00002

New Jersey Essex County Irvington 07040

85 Franklin Terrace Unit 87, Irvington, NJ

Not Listed for Sale

MultiFamily

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