NOT LISTED FOR SALE

1035 Magnolia Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $804,351 - $897,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $785,000

Est. 8% increase in value since last sale

Current estimated payment $5,092/month

21 Days on Market

About This Home

As of April 2024

This home is located at 1035 Magnolia Ave, Elizabeth, NJ 07201 since 22 January 2024 and is currently estimated at $850,676. This property was built in 2003. 1035 Magnolia Ave is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

Last Listed By

ALEXANDER POSSO

SIGNATURE REALTY NJ Brokerage Phone: 973-921-1111 Listed on: 01/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,960

Year Built

  • 2003

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,960

Year Built

2003

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1035
  • I D: 5265332
  • Modified: 2025-04-02
  • Number Images: 1
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2003

Lot Info

  • Lot Size: 25X114
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 18, 2024
Sold by
Duka Alma and Duka Adzi
Bought by
Rodriguez Francisco A
Seller's Agent
ALEXANDER POSSO
SIGNATURE REALTY NJ
Buyer's Agent
Tatiana Galvan
REAL
List Price
$779,000
Sold Price
$785,000
Premium/Discount to List
$6,000
0.77%
Total Days on Market
21
Views
34
Current Estimated Value
$850,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,676
Avg. Annual Appreciation
4.13%
Original Mortgage
$745,750
Outstanding Balance
$738,027
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$84,393

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jan 21, 2020
Sold by
O V Builders Llc
Bought by
Duka Artzi and Duka Bejtule
Seller's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
Edward McCall
EXP REALTY, LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$412,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2019
Sold by
Mas Capital Llc
Bought by
Ov Builders Llc

Purchase Details

Closed on
Apr 11, 2003
Sold by
Melsy Builders Llc
Bought by
Brito Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,269
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2002
Sold by
Coimbra Silvino
Bought by
Coimbra Silvino

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
Rodriguez Francisco A $785,000 Main Street Title
Duka Artzi $515,000 Westcor Land Title Ins Co
Ov Builders Llc $140,000 None Available
Brito Abel $360,000 --
Coimbra Silvino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Francisco A $745,750
Previous Owner Duka Adzi $417,000
Previous Owner Duka Artzi $412,000
Previous Owner Brito Abel $430,000
Previous Owner Brito Abel $15,000
Previous Owner Brito Abel $354,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $785,000 +0.8% --
02/19/2024 02/19/24 Pending -- -- --
01/28/2024 01/28/24 For Sale $779,000 +51.3% --
02/04/2020 02/04/20 Sold $515,000 -1.9% --
12/20/2019 12/20/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $525,000 -- --
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
2024 $3,960 $153,400 $153,400 $537,300
2023 $3,853 $12,600 $0 $0
2022 $3,853 $12,600 $0 $0
2021 $3,773 $12,600 $0 $0
2020 $3,688 $12,600 $12,600 $0
2019 $3,632 $12,600 $12,600 $0
2018 $3,596 $12,600 $12,600 $0
2017 $3,496 $12,600 $12,600 $0
2016 $3,496 $12,600 $12,600 $0
2015 $11,640 $44,600 $12,600 $32,000
2014 $11,291 $44,600 $12,600 $32,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ALEXANDER POSSO

    SIGNATURE REALTY NJ

  • T

    Buyer's Agent in 2024

    Tatiana Galvan

    REAL

    (201) 988-0840

    1 in this area

    10 Total Sales

    Tatiana Galvan
    Section Image

  • A

    Seller's Agent in 2020

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

  • E

    Buyer's Agent in 2020

    Edward McCall

    EXP REALTY, LLC

    (646) 320-9670

    23 Total Sales

    Edward McCall
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3882465

Garden State MLS

APN: 04-00008-0000-01248-A

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1035 Magnolia Ave, Elizabeth, NJ

Homes for Sale in Elizabeth, NJ

This home is located at 1035 Magnolia Ave, Elizabeth, NJ 07201 since 22 January 2024 and is currently estimated at $850,676. This property was built in 2003. 1035 Magnolia Ave 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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