This 2 family features 2 bedrooms,1 bath, LR & EIK on the first floor that leads to a full open Porch ready for all season relaxation. Upstairs you will find the 2nd unit that has 3 bedrooms, 1 bath LR & EIK. This home is in need of repair and updating but is a true Diamond in the rough and has the potential to be an excellent investment. With the right eye this home can keep up with all the new construction homes that surround it. Home is being sold in "AS IS" condition. WHAT ARE YOU WAITING FOR, SEE IT, BUY IT & MAKE IT YOURS!
Last Listed By
Malik Crichlow
Good Buy Homes NJListed on: 04/08/2022
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,254
Year Built
1900
Lot Details
2,522 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
5 Bedrooms
2 Full Bathrooms
Community Details
No Laundry Facilities
Listing and Financial Details
Legal Lot and Block 00884 / 00009
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,254
Year Built
1900
Lot Details
0
Listing Details
Property Type: 2-4 Family
Su Prop: 2-4 Family
ResoLaundryFeatures: None
Co List Office Phone: (973) 843-9804
MLS Status: Sold - Sold
Directions: Catherine St to Lafayette St OR East Jersey St. to Madison Ave to Lafayette St
Architectural Style: 2 Family
Year Built Details: 1900-1939,Build Prior to 1978
Special Features: None
Property Sub Type: MultiFamily
Year Built (Public Record): 1900
Interior Features
Full Bathrooms: 2
Total Bedrooms: 5
Exterior Features
Disclosures: Seller's Agent, Seller Disclosure - No
Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sep Heat
Lot Info
Lot Size Sq Ft: 2522.0
Tax Info
Tax Annual Amount: 8254.0
Tax Block: 00009
Tax Lot: 00884
Ownership History
DateNameOwned ForOwner Type
May 2022 - PresentTrc Property Management Llc3 Years
Company
Purchase Details
Listed on
Apr 8, 2022
Closed on
May 27, 2022
Sold by
1047 Lafayette Llc
Bought by
Trc Property Management Llc
Seller's Agent
Malik Crichlow
Good Buy Homes NJ
Buyer's Agent
Malik Crichlow
Good Buy Homes NJ
List Price
$319,000
Sold Price
$313,000
Premium/Discount to List
-$6,000
-1.88%
Total Days on Market
27
Current Estimated Value
$624,214
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,214
Avg. Annual Appreciation
25.78%
Original Mortgage
$328,280
Interest Rate
5.27%
Mortgage Type
New Conventional
Feb 2016 - May 20221047 Lafayette Llc6 Years and 3 Months
Company
Purchase Details
Closed on
Feb 26, 2016
Sold by
Union County Sheriff
Bought by
1047 Lafayette Llc
Oct 2008 - Feb 2016Lewis Lennox7 Years and 4 Months
Private Individual
Purchase Details
Closed on
Oct 21, 2008
Sold by
New Jersey Investment Associates Inc
Bought by
Lewis Lennox
Oct 2002 - Oct 2008Lewis Lennox6 Years
Private Individual
Purchase Details
Closed on
Oct 10, 2002
Sold by
Nj Affordable Homes Corp
Bought by
Lewis Lennox
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,910
Interest Rate
6.2%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 1047 Lafayette St, Elizabeth, NJ 07201 since 08 April 2022 and is currently estimated at $624,214. This property was built in 1900. 1047 Lafayette 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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