$485,000
SOLD APR 3, 2023

1022 Bond St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood
-- Bed
-- Bath
2,335 Sq Ft
2,749 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

6% Above List Price

418 Days on Market

Highlights

  • Accessibility Features
  • Level Lot
  • Hot Water Baseboard Heater
  • Elizabeth High School Rated A

About This Home

As of April 2023

Location ! Location ! Location ! Great investment 2 family home near major roads with access to downtown Elizabeth, NYC and minutes to Newark Airport. Turn this 4 Bed/1 Bath over 3 bed /1 Bath in to a AirBnB cash cow

Last Listed By

Paulo (Paul) Quintela

ALIGN RIGHT REALTY HOMEKEYS Listed on: 02/09/2022

ALIGN RIGHT REALTY HOMEKEYS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,960

Year Built

  • Built in 1900

Lot Details

  • 2,749 Sq Ft Lot
  • Lot Dimensions are 110.00 x 25.00
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Accessibility Features

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,960

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0631
  • Lot Size: 110.00 x 25.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Accessibility Features: Unit 2 Accessibility Features
  • Has Basement: Full, None
  • Interior Amenities: Unit 1(3 Bedrooms,1 Bath), Unit 2(4 Bedrooms,1 Bath)
  • Living Area: 2335
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2749

Tax Info

  • Tax Annual Amount: 5960
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2004
Sold by
Mcclinton Michael
Bought by
Soares Carlos
Total Days on Market
418
Current Estimated Value
$552,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,018
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1998
Sold by
Meagher Kevin R and Meagher Deborah
Bought by
Rodriguez Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,828
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1994
Sold by
Daniel Patricia and Mitchell Patricia
Bought by
Mcclinton Michael
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $196,000 --
Deed $115,000 --
Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,098 FHA
Closed $340,000 Adjustable Rate Mortgage/ARM
Closed $251,018 FHA
Previous Owner $105,828 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $485,000 0.0% --
04/03/2023 04/03/23 Sold $485,000 0.0% $208 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $484,900 -0.2% $208 / Sq Ft
12/11/2022 12/11/22 Price Changed $485,900 -0.8% --
10/21/2022 10/21/22 Price Changed $489,900 0.0% $210 / Sq Ft
10/02/2022 10/02/22 Price Changed $489,900 +1.0% --
09/30/2022 09/30/22 Price Changed $485,000 0.0% $208 / Sq Ft
09/30/2022 09/30/22 For Sale $485,000 +6.4% --
06/26/2022 06/26/22 Off Market $455,900 -- --
06/06/2022 06/06/22 For Sale $455,900 0.0% $195 / Sq Ft
06/06/2022 06/06/22 Price Changed $455,900 -4.2% $195 / Sq Ft
05/02/2022 05/02/22 Price Changed $475,900 -1.9% $204 / Sq Ft
02/09/2022 02/09/22 For Sale $485,000 -- $208 / Sq Ft
Source: All Jersey 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 $6,255 $385,100 $163,800 $221,300
2023 $6,255 $19,900 $4,900 $15,000
2022 $6,085 $19,900 $4,900 $15,000
2021 $5,960 $19,900 $4,900 $15,000
2020 $5,825 $19,900 $4,900 $15,000
2019 $5,736 $19,900 $4,900 $15,000
2018 $5,680 $19,900 $4,900 $15,000
2017 $5,522 $19,900 $4,900 $15,000
2016 $5,522 $19,900 $4,900 $15,000
2015 $5,194 $19,900 $4,900 $15,000
2014 $5,038 $19,900 $4,900 $15,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    PAULO QUINTELA

    ALIGN RIGHT REALTY HOMEKEY

  • Paulo (Paul) Quintela

    Seller's Agent in 2023

    Paulo (Paul) Quintela

    ALIGN RIGHT REALTY HOMEKEYS

    (908) 962-8047

    1 in this area

    37 Total Sales

    Paulo (Paul) Quintela
    Section Image
  • Michael Rosa

    Buyer's Agent in 2023

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    4 in this area

    133 Total Sales

    Michael Rosa
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2209503R

All Jersey MLS

APN: 04-00008-0000-00285

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1022 Bond St, Elizabeth, NJ

This home is located at 1022 Bond St, Elizabeth, NJ 07201 and is currently priced at $485,000, approximately $207 per square foot. This property was built in 1900. 1022 Bond St is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

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