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533 Main Street

533 Main Street, East Orange, NJ 07018
Property in Essex
This has been categorized as a commercial property type. In total, the area measurement of the land is 368,779 square feet.

Learn more about the property and building on this page. The property was last sold in Nov 9, 2022 for $5,200,000. Prior to that sales transaction, the property was also sold in Feb 15, 2017 for $35,750,000. 533 Main Street was last assessed in 2022. The total value of the property was assessed at $35,674,000. Specifically, the land the property is located on was valued at $33,190,100. While improvements on the property were assessed at a total of $2,483,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,036,686. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 368,779
  • 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: 8.466
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : BRICK CHURCH URBAN RENEWAL VII LLC
  • Previous Owner : 533 MAIN STREET HOLDINGS LLC
  • Owner Before Previous Owner: LC E ORANGE SHOPPING CENTER LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 011300

Geography

  • Assessors Map Reference: TAX MAP 2-7
  • Account Number: 00609455
  • District: 05
  • Parcel: 05 00683-0000-00001
  • Block: 683
  • Lot: 1
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.7663
  • Longitude: -74.2188

    Address

  • Full Address: 533 Main St
  • Address - House Number: 533
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C023
  • 4-Digit Zip Code: 2215
  • Zip Code: 07018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,036,686

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $90,706,971
  • First Open Lien Mortgage Lender: FIRST-CITIZENSBANK & TRUST COM
  • First Open Lien Mortgage Recording Date: Nov 14, 2022
  • First Open Lien Mortgage Loan Amount: $20,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Nov 14, 2022
  • Second Open Lien Mortgage Loan Amount: $63,883,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Third Open Lien Mortgage Lender: BRICK CHURCH HOLDINGS I LLC
  • Third Open Lien Mortgage Recording Date: Nov 14, 2022
  • Third Open Lien Mortgage Loan Amount: $4,823,971
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Fourth Open Lien Mortgage Lender: CITY OF EAST ORANGE
  • Fourth Open Lien Mortgage Recording Date: Nov 14, 2022
  • Fourth Open Lien Mortgage Loan Amount: $2,000,000
  • Fourth Open Lien Mortgage Term: 360
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $35,674,000
  • Market Land Value: $33,190,100
  • Market Improvement Value: $2,483,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,674,000
  • Assessed Land Value: $33,190,100
  • Assessed Improvements Value: $2,483,900

    Sales

  • Current Sale Contract Date: Nov 09, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Transaction ID: 11899397547
  • Current Sale Price: $5,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 99502
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Feb 15, 2017
  • Previous Sale Amount: $35,750,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: GSUIG REAL ESTATE MEMBER LLC
  • Previous Mortgage Transaction Date: Mar 01, 2017
  • Previous Mortgage Loan Amount: $23,500,000
  • Previous Mortgage Loan Type: Commercial

About East Orange



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Frequently Asked Questions

What neighborhood is 533 Main Street located in?
The 533 Main Street is a located in the neighborhood of Essex in East Orange, East Orange.
What is the average sales price for listings in 533 Main Street?
The average sales price for units in 533 Main Street is $0 currently.

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