NOT LISTED FOR SALE

109 Madison Ave Unit 2 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $559,401 - $747,000

-- Bed
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $359,000

Est. 86% increase in value since last sale

Current estimated payment $4,391/month

10 Days on Market

About This Home

As of March 2019

This home is located at 109 Madison Ave Unit 2, Elizabeth, NJ 07201 since 04 January 2019 and is currently estimated at $667,100. This property was built in 1890. 109 Madison Ave Unit 2 is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School, Elizabeth High School, and JVJ STEM Academy - School No. 92.

Last Agent to Sell the Property

JILL GUZMAN

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 01/04/2019

Last Buyer's Agent

Rogeria Pereira

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,215

Year Built

  • 1890

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,215

Year Built

1890

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 109
  • I D: 4860961
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-353-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1890

Lot Info

  • Lot Size: 45X106
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 29, 2019
Sold by
Sader Milagrosa
Bought by
Vargas Ordonez William P
Seller's Agent
JILL GUZMAN
JILL GUZMAN REALTY
Buyer's Agent
Rogeria Pereira
RE/MAX NEW MILLENNIUM GROUP
List Price
$349,000
Sold Price
$359,000
Premium/Discount to List
$10,000
2.87%
Total Days on Market
10
Current Estimated Value
$667,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,100
Avg. Annual Appreciation
10.55%
Original Mortgage
$255,000
Outstanding Balance
$226,008
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$441,092

Purchase Details

Closed on
Aug 4, 2003
Sold by
Sader Milagrosa
Bought by
Sader Milagrosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.52%
Source: Public Records

Range of Values:

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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
Vargas Ordonez William P $340,000 Amtrust Title Insurance Co
Sader Milagrosa $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Ordonez William P $255,000
Previous Owner Sader Milagrosa $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $359,000 +2.9% --
01/14/2019 01/14/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $349,000 -- --
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 $10,215 $508,100 $196,400 $311,700
2023 $10,215 $32,500 $10,300 $22,200
2022 $9,938 $32,500 $10,300 $22,200
2021 $9,733 $32,500 $10,300 $22,200
2020 $9,513 $32,500 $10,300 $22,200
2019 $9,368 $32,500 $10,300 $22,200
2018 $9,276 $32,500 $10,300 $22,200
2017 $9,018 $32,500 $10,300 $22,200
2016 $9,018 $32,500 $10,300 $22,200
2015 $8,482 $32,500 $10,300 $22,200
2014 $8,228 $32,500 $10,300 $22,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JILL GUZMAN

    JILL GUZMAN REALTY

  • Rogeria Pereira

    Buyer's Agent in 2019

    Rogeria Pereira

    RE/MAX

    (908) 347-2776

    4 in this area

    81 Total Sales

    Rogeria Pereira
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3523348

Garden State MLS

APN: 04-00009-0000-00932

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

109 Madison Ave Unit 2, Elizabeth, NJ

This home is located at 109 Madison Ave Unit 2, Elizabeth, NJ 07201 since 04 January 2019 and is currently estimated at $667,100. This property was built in 1890. 109 Madison Ave Unit 2 is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School, Elizabeth High School, and JVJ STEM Academy - School No. 92.

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