NOT LISTED FOR SALE

1080 Lafayette St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $576,996 - $744,000

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

Sale Details

Date Sold: August 1, 2018

Last sale price $329,000

Est. 99% increase in value since last sale

Current estimated payment $4,300 / mo

8 Days on Market

About This Home

As of August 2018

This home is located at 1080 Lafayette St, Elizabeth, NJ 07201 since 04 June 2018 and is currently estimated at $653,499. 1080 Lafayette St is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

Last Agent to Sell the Property

WILSON MERCHAN

MERCHAN TEAM REALTY LLC. Brokerage Phone: 973-344-8880 Listed on: 06/04/2018

Last Buyer's Agent

Eduardo Viegas

SKY REALTY ASSOCIATES

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,049 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4810324
  • Attribution Contact: 973-344-8880
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X125
  • Total Acres: 0.07

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Bought by
Current Estimated Value
$653,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,766
Outstanding Balance
$483,419
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$170,080

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 20, 2018
Sold by
Bought by
Seller's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
Buyer's Agent
Eduardo Viegas
SKY REALTY ASSOCIATES
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$1,500
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 2, 2017
Closed on
Apr 12, 2018
Sold by
Bought by
Seller's Agent
BEATRICE WANCEL
SKY REALTY ASSOCIATES
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
List Price
$260,000
Sold Price
$180,000
Premium/Discount to List
-$80,000
-30.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
646.58%
Original Mortgage
$170,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2003
Sold by
Bought by

Purchase Details

Closed on
May 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Elizabeth, NJ

  • Laura Allen Real Estate Agent - CENTURY 21 JR GOLD TEAM REALTY

    Laura Allen

    CENTURY 21 JR GOLD TEAM REALTY

    (862) 256-5657

    14 Total Sales

    1 in Downtown Elizabeth

    $540,000 Price

    Laura Allen
     Section Image
  • Tina Torres Real Estate Agent - RE/MAX LIFETIME REALTORS

    Tina Torres

    Responds Quickly

    RE/MAX LIFETIME REALTORS

    (862) 298-4450

    194 Total Sales

    1 in Downtown Elizabeth

    $315,000 Price

    Tina Torres
     Section Image
  • Ana Deborah Ofsievich Real Estate Agent - KELLER WILLIAMS REALTY

    Ana Deborah Ofsievich

    KELLER WILLIAMS REALTY

    (908) 332-0919

    48 Total Sales

    2 in Downtown Elizabeth

    $290K - $540K Price Range

    Ana Deborah Ofsievich
     Section Image
  • Kerwin Lynch Real Estate Agent - RE/MAX FIRST REALTY II

    Kerwin Lynch

    RE/MAX FIRST REALTY II

    (973) 382-9939

    46 Total Sales

    2 in Downtown Elizabeth

    $300,000 Price Range

    Kerwin Lynch
     Section Image
  • Victoria Bravo Real Estate Agent - RE/MAX NEW MILLENNIUM GROUP

    Victoria Bravo

    RE/MAX NEW MILLENNIUM GROUP

    (908) 460-7995

    21 Total Sales

    1 in Downtown Elizabeth

    $615,000 Price

    Victoria Bravo
     Section Image
  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,413 Total Sales

    1 in Downtown Elizabeth

    $460,000 Price

    Jack Yao
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 Old Republic Title
$329,000 Multiple
$180,000 Prestige Title Agency Inc
$105,000 --
-- --
$123,000 --
$64,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $554,766
Previous Owner $1,500
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2018 08/01/18 Sold $329,000 0.0% --
06/12/2018 06/12/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $329,000 +82.8% --
04/13/2018 04/13/18 Sold $180,000 -30.8% -- View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
04/02/2017 04/02/17 For Sale $260,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,407 $416,800 $176,600 $240,200
2025 $8,407 $416,800 $176,600 $240,200
2024 $8,015 $416,800 $176,600 $240,200
2023 $8,015 $25,500 $7,200 $18,300
2022 $7,798 $25,500 $7,200 $18,300
2021 $7,637 $25,500 $7,200 $18,300
2020 $7,464 $25,500 $7,200 $18,300
2019 $7,350 $25,500 $7,200 $18,300
2018 $7,278 $25,500 $7,200 $18,300
2017 $7,075 $25,500 $7,200 $18,300
2016 $7,076 $25,500 $7,200 $18,300
2015 $6,655 $25,500 $7,200 $18,300
2014 $6,456 $25,500 $7,200 $18,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    WILSON MERCHAN

    MERCHAN TEAM REALTY LLC.

  • B

    Seller's Agent in 2018

    BEATRICE WANCEL

    SKY REALTY ASSOCIATES

  • E

    Buyer's Agent in 2018

    Eduardo Viegas

    SKY REALTY ASSOCIATES

    (973) 477-0377

    43 Total Sales

    Eduardo Viegas
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Map

Source: Garden State MLS

MLS Number: 3476378

Garden State MLS

APN: 04-00009-0000-00930

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1080 Lafayette St, Elizabeth, NJ

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Information deemed reliable but not guaranteed.
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