NOT LISTED FOR SALE

Estimated Value: $809,887 - $1,046,000

-- Bed
-- Bath
2,990 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $820,000 $274 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,691/month

65 Days on Market

Highlights

  • Solar Power System
  • 0.9 Acre Lot
  • Private Yard
  • Elizabeth High School Rated A
  • Property is near public transit
  • 1 Car Attached Garage

About This Home

As of April 2023

Beautiful two family home with 3 bedrooms and 2 bathrooms on each floor, a kitchen and spacious living room and dining room, plus a finished basement with a family room, a bonus room, a full bathroom, laundry area and exit to the backyard. This house has a garage with shelves and space for 1 car, plus parking space for up to 4 cars. Located in a very convenient area close to major highways, Newark international airport and Elizabeth train station. Don't miss this opportunity!

Last Listed By

Josiane Gouvea

KELLER WILLIAMS ELITE REALTORS Listed on: 02/19/2023

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,871

Year Built

  • Built in 2001

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100.00 x 39.00
  • Level Lot
  • Private Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Finished Basement

  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Solar Power System
  • Shed
  • Property is near public transit

Community Details

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

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,871

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.895
  • Lot Size: 100.00 x 39.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Green Power: Solar
  • Building Stories: 2
  • Year Built: 2001
  • Power Production Type: Photovoltaics
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water)
  • Has Basement: Finished, Bath Full, Bedroom, Recreation Room, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths,See Remarks)
  • Living Area: 2990
  • Stories: 2

Exterior Features

  • Lot Features: Near Train, Level, Near Public Transit
  • Exterior Features: Storage Shed, Yard
  • Other Structures: Shed(s)
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Attached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 38986

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 15871
  • Tax Year: 2022

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
Apr 21, 2023
Sold by
Deoliveira Joarez A and Deoliveira Nubia
Bought by
Adebajo Babajide A and Adebajo Uchenna J
Seller's Agent
Josiane Gouvea
KELLER WILLIAMS ELITE REALTORS
List Price
$749,900
Sold Price
$820,000
Premium/Discount to List
$70,100
9.35%
Total Days on Market
65
Views
27
Current Estimated Value
$952,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,722
Avg. Annual Appreciation
7.44%
Original Mortgage
$792,632
Outstanding Balance
$774,540
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$178,182

Purchase Details

Closed on
Aug 16, 2001
Sold by
Clark Place Associates Llc
Bought by
Deoliveira Joarez A and Tavares Nubia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
7.06%

Purchase Details

Closed on
Dec 15, 2000
Sold by
City Of Elizabeth
Bought by
Clark Place Associates Llc

Range of Values:

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Average Value
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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
Adebajo Babajide A $820,000 Prestige Title
Deoliveira Joarez A $255,000 --
Clark Place Associates Llc $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adebajo Babajide A $792,632
Previous Owner Deoliveira Joarez A $430,000
Previous Owner Deoliveira Joarez $150,000
Previous Owner Oliveira Jorez A $149,900
Previous Owner Deoliveira Joarez A $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $820,000 +9.3% $274 / Sq Ft
02/19/2023 02/19/23 For Sale $749,900 -- $251 / 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 $16,312 $716,900 $178,500 $538,400
2023 $16,312 $51,900 $12,900 $39,000
2022 $15,871 $51,900 $12,900 $39,000
2021 $15,543 $51,900 $12,900 $39,000
2020 $15,192 $51,900 $12,900 $39,000
2019 $14,960 $51,900 $12,900 $39,000
2018 $14,814 $51,900 $12,900 $39,000
2017 $14,401 $51,900 $12,900 $39,000
2016 $14,402 $51,900 $12,900 $39,000
2015 $13,545 $51,900 $12,900 $39,000
2014 $13,139 $51,900 $12,900 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308519R

All Jersey MLS

APN: 04-00008-0000-00456