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294 Orange Street

294 Orange Street, Newark, NJ 07103
Commercial in University Heights
This has been categorized as a commercial property type. There are a total of 3 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 294 Orange Street was last sold in Dec 8, 2021 for $325,000. Prior to that sales transaction, the property was sold for $130,000 in Apr 10, 2017. Current property owners are expected to pay $9,803 in taxes per year. The property on 294 Orange Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $262,400. To break that down further, the land itself was valued at $42,500. While improvements to the property were assessed at a total of $219,900. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210202
02/02/2021
Loft
-
-
$439,000
bedrooms
Loft
bathrooms
-
$325,000 -25.97%
12/17/2021
-
CESAR GONZALEZ
20191027
10/27/2019
Studio
-
-
$375,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.057
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : CE 294 ORANGE LLC
  • Previous Owner : VELEZ TOWING LLC
  • Owner Before Previous Owner: COLON ADA
  • Owner Before Previous Owner 2: SUAREZ ARISTIDES
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 001000

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 14
  • Parcel: 14 02851-0000-00004
  • Block: 2851
  • Lot: 4
  • Municipality: NEWARK CITY
  • Latitude: 40.749
  • Longitude: -74.1815

    Address

  • Full Address: 294 Orange St
  • Address - House Number: 294
  • Address - Street Name: Orange
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C040
  • 4-Digit Zip Code: 3222
  • Zip Code: 07103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,750
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $243,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $262,400
  • Market Land Value: $42,500
  • Market Improvement Value: $219,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $262,400
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $219,900

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11876100292
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021148939
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Apr 10, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $243,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About University Heights



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Frequently Asked Questions

What neighborhood is 294 Orange Street located in?
The 294 Orange Street is a commercial located in the neighborhood of University Heights in University Heights, Newark.
What is the average sales price for listings in 294 Orange Street?
The average sales price for units in 294 Orange Street is $439,000 currently.

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