NOT LISTED FOR SALE

1089 Lafayette St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $480,000 - $709,000

-- Bed
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 19, 2022

Last sale price $470,000

Est. 29% increase in value since last sale

Current estimated payment $3,797/month

212 Days on Market

About This Home

As of October 2022

This home is located at 1089 Lafayette St, Elizabeth, NJ 07201 since 09 March 2022 and is currently estimated at $604,098. 1089 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

Mario Aristizabal

COLDWELL BANKER LIBERTY Brokerage Phone: 908-527-1711 Listed on: 03/09/2022

COLDWELL BANKER LIBERTY

Last Buyer's Agent

Suselle Salermo

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,066

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,066

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1089
  • I D: 5134714
  • Modified: 2023-10-20
  • Number Images: 1
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X105
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Oct 7, 2022
Sold by
Creative Property Management Of Nj Inc
Bought by
Arcentales Manuel Tixsi
Seller's Agent
Mario Aristizabal
COLDWELL BANKER LIBERTY
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Current Estimated Value
$604,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,098
Avg. Annual Appreciation
11.89%
Original Mortgage
$399,500
Outstanding Balance
$384,989
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$263,101

Purchase Details

Closed on
Dec 29, 2016
Sold by
Fannie Mae
Bought by
Areillas Walter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,906
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 1993
Bought by
Creative Prop Mgmt Of Nj, Inc
Source: Public Records

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
Arcentales Manuel Tixsi $470,000 First Team Title
Areillas Walter L $258,000 Ats Title Agency Inc
Creative Prop Mgmt Of Nj, Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcentales Manuel Tixsi $399,500
Previous Owner Areillas Walter L $270,906
Previous Owner Ferreira Luis Apulo $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $470,000 -5.1% --
10/07/2022 10/07/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $495,000 0.0% --
04/04/2022 04/04/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $495,000 +30.3% --
03/09/2022 03/09/22 For Sale $380,000 -- --
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 $6,066 $458,700 $160,700 $298,000
2023 $6,066 $19,300 $6,700 $12,600
2022 -- $19,300 $6,700 $12,600
2021 $0 $19,300 $6,700 $12,600
2020 $0 $19,300 $6,700 $12,600
2019 $0 $19,300 $6,700 $12,600
2018 $0 $19,300 $6,700 $12,600
2017 $0 $19,300 $6,700 $12,600
2016 $0 $19,300 $6,700 $12,600
2015 -- $19,300 $6,700 $12,600
2014 -- $19,300 $6,700 $12,600
Source: Public Records

Agents Affiliated with this Home

  • Mario Aristizabal

    Seller's Agent in 2022

    Mario Aristizabal

    COLDWELL BANKER LIBERTY

    (908) 917-9551

    3 in this area

    41 Total Sales

    Mario Aristizabal
    Section Image
  • Suselle Salermo

    Buyer's Agent in 2022

    Suselle Salermo

    RE/MAX

    (908) 418-0577

    7 in this area

    261 Total Sales

    Suselle Salermo
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3768173

Garden State MLS

APN: 04-00009-0000-00904

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1089 Lafayette St, Elizabeth, NJ

This home is located at 1089 Lafayette St, Elizabeth, NJ 07201 since 09 March 2022 and is currently estimated at $604,098. 1089 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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