246 Wallace Street, Orange, NJ 07050

Essex
Building in Essex
2 Stories
Built in 1889
246 Wallace St - Photo 1
$2,200
|
2 Bed
|
2 Bath
By TEDROS NEGASI
Welcome to 246 Wallace Street, a building located in Essex in Orange, NJ. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1889. There are a total of 2 floors. Finally, 246 Wallace Street was most recently sold on Aug 17, 2018 for $82,000. The market value for the land that the building sits on has been listed at $75,000. In addition, improvements upon the building have an added value of $158,900. In total, the total market value of the property as a whole is $233,900. According to local assessors, the total value of the building is currently valued at $233,900. Specifically, the value of the land that the property sits on has been assessed at $75,000. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1889
Effective Year Built
1889
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
Frame
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
0.057
Standard Land Use Code
Single family residential
County Land Use Code
unknown
Ownership
Current Owner
NYEOR TEE
Current Owner's Name
NYEOR TEE
Previous Owner
ORANGE INVESTMENT GROUP
Previous Owner's Name
BIO SALVATORE
Previous Owner 2's Name
BIO MICHAEL
Owner Address - City
NEWARK
Owner Address - State
NJ
Owner Address - ZIP Code
07103
Owner First Name
TEE
Owner Last Name
NYEOR
Neighborhood
School District Name
Orange City Township School District
Census Tract
018300
Census Block Code
1004
Census Group
1
Census Year
2023
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
34013
Census - Full FIPS
340130183001004
Census - Metropolitan Division - Area Code
35084
Census - Metropolitan Division - Area Name
Newark, NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census Source
US Census Bureau
Census State FIPS
34
Census Tract Code
018300
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
3412270
School District - Unified - Name
Orange City Township School District
Zoning
Geography
Account Number
00001434
District
17
Parcel
17 01904-0000-00003
Block
1904
Lot
3
Lot Code
unknown
Municipality
ORANGE CITY TWP
Latitude
40.774
Longitude
-74.2261
FIPS
34013
Mailing Carrier Code
C074
Mailing Street Direction
S
Mailing Full Street Address
514 S 20TH ST APT 2R
Mailing House Number
514
Mailing Street Mode
ST
Mailing Street
20TH
Mailing Unit Number
2R
Mailing Unit Type
APT
Mailing 4-Digit Zip Code
1173
Geo Status Code
unknown
Valuation
Timestamp
2023-11-20 21:30:27
UCID Flag
C
More About The Building
In total, the building area is listed as 1,260 square feet. The depth of the property lot was measured at 1,000 square feet and the front at 250 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 246 Wallace Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Essex area have a median price of $2,825. Those in the 25th percentile, have a price around $2,300. While those in the 75th percentile, have a price around $4,213. As a breakdown, we've included the following stats:

  • There are currently a total of 6 studio listings. The median price for these types of listings is $2,075.
  • There are currently a total of 42 one bedroom listings. The median price for these types of listings is $2,100.
  • There are currently a total of 72 two bedroom listings. The median price for these types of listings is $2,600.
  • There are currently a total of 73 three bedroom listings. The median price for these types of listings is $3,150.
  • There are currently a total of 43 four bedroom listings. The median price for these types of listings is $5,250.
About The Area
246 Wallace Street is located in New York - Newark, NY - NJ - CT Urban Area. There are 18,812,161 people living here. There are 6,707,347 households. Most of these households have an average family size of 3.42 people. According to the census, 50% are currently renting while 50% own their homes. The median age of this population is around 37.8 years old. On average, most folks in the urban area are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $68,319. Most folks will commute by car for around 36.0 minutes. Finally, we know that 25% of residents in the area have graduated with their high school degree. Additionally, 22% and 16% have their Bachelor's and Master's degree, respectfully.



$2,075
Studio Median Rent
$2,100
1BR Median Rent
$2,600
2BR Median Rent
$3,150
3BR Median Rent

Nearby Schools

(within attendance boundary)
231 Park Ave, Orange, NJ 07050
Public  •  Elementary  •  Grades PK to 8
Orange City Township School District
123 Cleveland Street, Orange, NJ 07050
Public  •  High School  •  Grades 9 to 12
Orange City Township School District
400 Central Ave, Orange, NJ 07050
Public  •  Secondary School  •  Grades 8 to 9
Orange City Township School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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