NOT LISTED FOR SALE

1008 Madison Ave Unit 1010 Elizabeth, NJ 07201

North End Neighborhood

Estimated Value: $593,000 - $793,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 20, 2022

Last sale price $650,000

Est. 11% increase in value since last sale

Current estimated payment $4,769/month

23 Days on Market

About This Home

As of December 2022

This home is located at 1008 Madison Ave Unit 1010, Elizabeth, NJ 07201 since 04 August 2022 and is currently estimated at $722,708. 1008 Madison Ave Unit 1010 is a home located in Union County with nearby schools including Madison-Monroe School No. 16, Elizabeth High School, and Bruriah High School For Girls.

Last Agent to Sell the Property

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 08/04/2022

Last Buyer's Agent

Michael Rosa

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 08/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,421

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,421

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5170693
  • Attribution Contact: 973-589-7550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X145
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Dec 12, 2022
Sold by
Maia Benjamin and Maia Paula
Bought by
Marmolfjo Josefina J and Marmolejo-Collantes Maria
Seller's Agent
Michael Rosa
ROSA AGENCY
Buyer's Agent
Michael Rosa
ROSA AGENCY
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Views
54
Current Estimated Value
$722,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,708
Avg. Annual Appreciation
3.70%
Original Mortgage
$628,306
Outstanding Balance
$609,452
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$113,256

Purchase Details

Closed on
Feb 27, 1995
Sold by
Pereira Amaro and Pereira Ana
Bought by
Maia Benjamin and Maia Paula

Purchase Details

Closed on
Mar 21, 1994
Sold by
Pereira Amaro and Pereira Ana
Bought by
Pereira Amaro and Pereira Ana

Purchase Details

Closed on
Aug 11, 1993
Sold by
Citicorp Mortgage
Bought by
Amaro Perura and Perura Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marmolfjo Josefina J $650,000 Old Republic Title
Marmolfjo Josefina J $650,000 Old Republic Title
Maia Benjamin $155,000 --
Pereira Amaro -- --
Amaro Perura $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marmolfjo Josefina J $628,306
Closed Marmolfjo Josefina J $628,306
Previous Owner Amaro Perura $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $650,000 +3.3% --
09/06/2022 09/06/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $629,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,421 $593,600 $226,200 $367,400
2024 $13,546 $593,600 $226,200 $367,400
2023 $13,546 $43,100 $12,400 $30,700
2022 $10,122 $33,100 $12,400 $20,700
2021 $9,913 $33,100 $12,400 $20,700
2020 $9,689 $33,100 $12,400 $20,700
2019 $9,541 $33,100 $12,400 $20,700
2018 $9,448 $33,100 $12,400 $20,700
2017 $9,184 $33,100 $12,400 $20,700
2016 $9,185 $33,100 $12,400 $20,700
2015 $8,639 $33,100 $12,400 $20,700
2014 -- $33,100 $12,400 $20,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3800406

Garden State MLS

APN: 04-00012-0000-00703