NOT LISTED FOR SALE

1056 North Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $695,642 - $830,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $600,000

Est. 28% increase in value since last sale

Current estimated payment $4,988/month

141 Days on Market

About This Home

As of August 2022

This home is located at 1056 North Ave, Elizabeth, NJ 07201 since 15 February 2022 and is currently estimated at $769,161. 1056 North Ave is a home located in Union County with nearby schools including Madison-Monroe School No. 16, Elizabeth High School, and Bruriah High School For Girls.

Last Agent to Sell the Property

Juan Guzman

BREWSTER REALTY Brokerage Phone: 908-820-8888 Listed on: 02/15/2022

Last Buyer's Agent

Juan Guzman

BREWSTER REALTY Brokerage Phone: 908-820-8888 Listed on: 02/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,674

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,674

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1056
  • I D: 5129142
  • Modified: 2023-08-26
  • Number Images: 1
  • Attribution Contact: 908-820-8888
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Aug 3, 2022
Sold by
Meneses Maximo J and Meneses Blanca
Bought by
Molina Delmy Lizeth Lopez
Seller's Agent
Juan Guzman
BREWSTER REALTY
Buyer's Agent
Juan Guzman
BREWSTER REALTY
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%
Current Estimated Value
$769,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,161
Avg. Annual Appreciation
8.46%
Original Mortgage
$589,132
Outstanding Balance
$562,287
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$206,874

Purchase Details

Listed on
Feb 13, 2018
Closed on
Apr 2, 2018
Sold by
Mtglq Investors Lp
Bought by
Meneses Maximo J and Estrada Blanca
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
ALMA KARAMUS
KELLER WILLIAMS ELITE REALTORS
List Price
$274,900
Sold Price
$285,000
Premium/Discount to List
$10,100
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Feb 7, 2017
Sold by
Silva Mario and Lascano Gloria
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rodriguez Emilio
Bought by
Silva Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.17%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Molina Delmy Lizeth Lopez $600,000 American Land Title
Meneses Maximo J $285,000 Property Title Group Llc
Mtglq Investors Lp $1,000 None Available
Silva Mario $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Delmy Lizeth Lopez $29,354
Open Molina Delmy Lizeth Lopez $589,132
Previous Owner Silva Mario $359,650
Previous Owner Rodriguez Emilio $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $600,000 -4.6% --
07/06/2022 07/06/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $629,000 +120.7% --
04/16/2018 04/16/18 Sold $285,000 +3.7% --
03/26/2018 03/26/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $274,900 -- --
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
2025 $10,674 $554,800 $181,000 $373,800
2024 $11,912 $554,800 $181,000 $373,800
2023 $11,912 $37,900 $8,200 $29,700
2022 $11,589 $37,900 $8,200 $29,700
2021 $11,350 $37,900 $8,200 $29,700
2020 $11,094 $37,900 $8,200 $29,700
2019 $10,924 $37,900 $8,200 $29,700
2018 $10,818 $37,900 $8,200 $29,700
2017 $10,516 $37,900 $8,200 $29,700
2016 $10,517 $37,900 $8,200 $29,700
2015 $9,892 $37,900 $8,200 $29,700
2014 $9,595 $37,900 $8,200 $29,700
Source: Public Records

Agents Affiliated with this Home

  • Juan Guzman

    Seller's Agent in 2022

    Juan Guzman

    BREWSTER REALTY

    (908) 966-6338

    8 in this area

    76 Total Sales

    Juan Guzman
    Section Image

  • L

    Seller's Agent in 2018

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

  • A

    Buyer's Agent in 2018

    ALMA KARAMUS

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3764027

Garden State MLS

APN: 04-00008-0000-01337

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1056 North Ave, Elizabeth, NJ

This home is located at 1056 North Ave, Elizabeth, NJ 07201 since 15 February 2022 and is currently estimated at $769,161. 1056 North Ave is a home located in Union County with nearby schools including Madison-Monroe School No. 16, Elizabeth High School, and Bruriah High School For Girls.

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