NOT LISTED FOR SALE

1118 North Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $585,788 - $753,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $575,000

Est. 20% increase in value since last sale

Current estimated payment $4,972/month

63 Days on Market

About This Home

As of September 2023

This home is located at 1118 North Ave, Elizabeth, NJ 07201 since 01 May 2023 and is currently estimated at $688,447. This property was built in 1920. 1118 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 Listed By

James Rembish

REO PREMIER PROPERTIES Brokerage Phone: 908-595-2178 Listed on: 05/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,421

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,421

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 1118
  • I D: 5113382
  • Modified: 2024-09-30
  • Number Images: 31
  • Attribution Contact: 908-595-2178
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X123
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Sep 27, 2023
Sold by
Individually Camellia Valero
Bought by
Abuhamoud Ehab
Seller's Agent
James Rembish
REO PREMIER PROPERTIES
Buyer's Agent
James Rembish
REO PREMIER PROPERTIES
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%
Total Days on Market
63
Views
429
Current Estimated Value
$688,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,447
Avg. Annual Appreciation
8.38%
Original Mortgage
$402,500
Outstanding Balance
$397,222
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$259,926

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
Abuhamoud Ehab $575,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abuhamoud Ehab $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $575,000 -4.2% --
07/10/2023 07/10/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $599,900 +9.1% --
05/08/2023 05/08/23 For Sale $549,900 -- --
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
2024 $13,421 $475,500 $205,200 $270,300
2023 $13,421 $42,700 $10,000 $32,700
2022 $13,057 $42,700 $10,000 $32,700
2021 $12,788 $42,700 $10,000 $32,700
2020 $12,499 $42,700 $10,000 $32,700
2019 $12,308 $42,700 $10,000 $32,700
2018 $12,188 $42,700 $10,000 $32,700
2017 $11,848 $42,700 $10,000 $32,700
2016 $11,849 $42,700 $10,000 $32,700
2015 $11,144 $42,700 $10,000 $32,700
2014 $10,810 $42,700 $10,000 $32,700
Source: Public Records

Agents Affiliated with this Home

  • James Rembish

    Seller's Agent in 2023

    James Rembish

    REO PREMIER PROPERTIES

    (908) 462-4802

    1 in this area

    3 Total Sales

    James Rembish
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Map

Source: Garden State MLS

MLS Number: 3841193

Garden State MLS

APN: 04-00012-0000-01249

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1118 North Ave, Elizabeth, NJ

Homes for Sale in Elizabeth, NJ

This home is located at 1118 North Ave, Elizabeth, NJ 07201 since 01 May 2023 and is currently estimated at $688,447. This property was built in 1920. 1118 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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