NOT LISTED FOR SALE

1016 Grove St Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $784,000 - $913,421

-- Bed
-- Bath
-- Sq Ft
83 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $750,000

Est. 12% increase in value since last sale

Current estimated payment $6,148/month

59 Days on Market

About This Home

As of May 2022

This home is located at 1016 Grove St, Elizabeth, NJ 07202 since 01 February 2022 and is currently estimated at $868,855. 1016 Grove St is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

ROBERT H KOLAR

COLDWELL BANKER REALTY Brokerage Phone: 732-494-7700 Listed on: 02/01/2022

Last Buyer's Agent

Spero Kalyoussef

KELLER WILLIAMS TEAM REALTY

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,512

Lot Details

  • 83 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,512

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1016
  • I D: 5126847
  • Modified: 2023-05-27
  • Number Images: 0
  • Attribution Contact: 732-494-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X105.83
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 24, 2022
Sold by
Salem Ahmad H and Salem Lama
Bought by
Brodt Hersh Moshe and Brodt Chaya E
Seller's Agent
ROBERT H KOLAR
COLDWELL BANKER REALTY
Buyer's Agent
Spero Kalyoussef
KELLER WILLIAMS TEAM REALTY
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Current Estimated Value
$841,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,159
Avg. Annual Appreciation
4.23%
Original Mortgage
$562,500
Outstanding Balance
$533,373
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$323,275

Purchase Details

Listed on
Apr 23, 2017
Closed on
Jul 31, 2017
Sold by
Valencia Fabio and Valencia Aura M
Bought by
Salem Ahmad H and Salem Ahmad H
Seller's Agent
Viviana Zapata
KELLER WILLIAMS REALTY
Buyer's Agent
ROBERT H KOLAR
COLDWELL BANKER REALTY
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$412,087
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2005
Sold by
Valencia Aura M
Bought by
Valencia Aura M and Valencia Fabio
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Brodt Hersh Moshe $750,000 Old Republic Title
Salem Ahmad H $450,000 Suburban Title
Valencia Aura M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brodt Hersh Moshe $562,500
Previous Owner Salem Ahmad H $412,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $750,000 -6.2% --
04/01/2022 04/01/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $799,900 -5.9% --
02/01/2022 02/01/22 For Sale $850,000 +88.9% --
08/04/2017 08/04/17 Sold $450,000 0.0% --
06/01/2017 06/01/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $449,900 -- --
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
2024 $18,512 $666,800 $183,600 $483,200
2023 $18,512 $58,900 $13,500 $45,400
2022 $18,011 $58,900 $13,500 $45,400
2021 $17,639 $58,900 $13,500 $45,400
2020 $17,241 $58,900 $13,500 $45,400
2019 $16,977 $58,900 $13,500 $45,400
2018 $16,812 $58,900 $13,500 $45,400
2017 $16,343 $58,900 $13,500 $45,400
2016 $16,344 $58,900 $13,500 $45,400
2015 $15,372 $58,900 $13,500 $45,400
2014 $14,911 $58,900 $13,500 $45,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    ROBERT H KOLAR

    COLDWELL BANKER REALTY

  • Spero Kalyoussef

    Buyer's Agent in 2022

    Spero Kalyoussef

    KELLER WILLIAMS TEAM REALTY

    (973) 907-4692

    1 in this area

    49 Total Sales

    Section Image
  • Viviana Zapata

    Seller's Agent in 2017

    Viviana Zapata

    KELLER WILLIAMS REALTY

    (908) 217-7477

    23 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3761542

Garden State MLS

APN: 04-00006-0000-00469-B

New Jersey Union County Elizabeth 07202 Bayway

1016 Grove St, Elizabeth, NJ

This home is located at 1016 Grove St, Elizabeth, NJ 07202 since 01 February 2022 and is currently estimated at $868,855. 1016 Grove St is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Jewish Educational Center Lower School.

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