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262 Amherst Street

262 Amherst Street, East Orange, NJ 07018
Property in Essex
1 Units For Sale
Unit for sale at 262 Amherst St, East Orange City, NJ 07018-2507

$489,000

  • 9 Beds
  • 6 Baths
262 Amherst St, East Orange City, NJ 07018-2507 Listing by Daniel Yanofski

Local assessors in East Orange, NJ have categorized 262 Amherst Street as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 2,601 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 260 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 262 Amherst Street has a total of 3,138 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 262 Amherst Street was last sold in Dec 20, 2022 for $475,000. According to our calculations, that's $151.37 per sqft. Prior to that sales transaction, the property was sold for $210,000 in May 12, 2011. Current property owners are expected to pay $10,784 in taxes per year. The property on 262 Amherst Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $371,100. To break that down further, the land itself was valued at $77,200. While improvements to the property were assessed at a total of $293,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220803
08/03/2022
7 Bed
3 Bath
-
$489,000
bedrooms
7 Bed
bathrooms
3 Bath
-
-
-
SAMIYAH JACKSON
ELITE REALTORS OF NEW JERSEY

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,601
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 260
  • Total Building Area: 3,138
  • Building Area: 3,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VALACE KEISHAWN A
  • Previous Owner : SPENCE NATASHA
  • Owner Before Previous Owner: ZELLE ENTERPRISES LLCC

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 011600

Geography

  • Assessors Map Reference: TAX MAP 3-4
  • Account Number: 00458970
  • District: 05
  • Parcel: 05 00491-0000-00066
  • Block: 491
  • Lot: 66
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.7562
  • Longitude: -74.2224

    Address

  • Full Address: 262 Amherst St
  • Address - House Number: 262
  • Address - Street Name: Amherst
  • Address - Suffix Type: St
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C010
  • 4-Digit Zip Code: 2566
  • Zip Code: 07018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,784

    Appraisal Valuation

  • Standard Deviation: 0.1068
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 89
  • Final Value: 501,573
  • High Value: 555,144
  • Low Value: 448,002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 10, 2023
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $371,100
  • Market Land Value: $77,200
  • Market Improvement Value: $293,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $371,100
  • Assessed Land Value: $77,200
  • Assessed Improvements Value: $293,900

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Jan 10, 2023
  • Current Sale Transaction ID: 11901266527
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1925
  • Previous Sale Recording Date: Jul 26, 2011
  • Previous Sale Contract Date: May 12, 2011
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jan 10, 2023
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 26, 2011
  • Previous Mortgage Loan Amount: $204,676
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About East Orange



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 262 Amherst Street located in?
The 262 Amherst Street is a located in the neighborhood of Essex in East Orange, East Orange.
How many listings are currently for sale in 262 Amherst Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 262 Amherst Street?
The average sales price for units in 262 Amherst Street is $489,000 currently.

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