See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

261 Park Avenue, Orange, NJ, 07050

7beds
2baths
0sqft
$625,000
--price/sqft
$4,720/moest. monthly cost
$188,800/yrincome needed

About This Home

Recently Renovated - Two Family Home - Located near Park Avenue Elementary School - near Garden State Parkway & Orange Train Station - Features Hardwood Floors, Granit Kitchen & much more

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

5/10
2/10
Orange High SchoolGrades 9-121.0 mi
6/10

Construction

Condition

  • Year built: 1899

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding,Metal Siding,Vinyl Siding

Notable Dates

  • Major remodel year: 2020

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Kitchen,Living Room,Dining Room
  • Window features: Blinds
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1617009010000000010000

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Exterior features: Sidewalk
  • Fencing: Metal Fence

Lot

  • Lot size: 2,178 sqft
  • Features: Level
  • Lot size dimensions: 25 x 95

Parking

  • Parking features: See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$274$3,288
Property Taxes $1,093$13,116
Electricity $193$2,318
Total$4,720$56,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,828/yr
40% on housing$141,600/yr
45% on housing$125,866/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07050$278
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07050$346
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$625,000
2026-04-02Price change$650,000
2026-03-19Price change$675,000
2026-02-05Listed for sale$700,000
2017-02-28Sold$135,000
2012-03-29Sold$138,000
2012-01-12Pending sale$159,500
2011-08-04Listed for sale$159,500
2011-04-13Sold$80,000
2011-01-05Price change$89,900
2010-12-12Listed for sale$99,900
2005-04-06Sold$232,000
2004-05-06Sold$160,000
1998-08-12Sold$75,000

For Sale by Agent

AgentJoaquim Ferreira
BrokerageCornerstone Realty Associates

Similar Homes