$950,000
SOLD JUN 20, 2025
-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

1 Day on Market

About This Home

As of June 2025

This home is located at 118 Burnett St, Elizabeth, NJ 07202 and is currently priced at $950,000. This property was built in 1999. 118 Burnett St is a home located in Union County with nearby schools including Elizabeth High School and JVJ STEM Academy - School No. 92.

Last Agent to Sell the Property

George Castro

PREMIER HOMES Brokerage Phone: 908-245-6767 Listed on: 05/14/2025

Last Buyer's Agent

George Castro

PREMIER HOMES Brokerage Phone: 908-245-6767 Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,935

Year Built

  • Built in 1999

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,935

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • County Name: Union
  • Street Number Display: 118
  • I D: 5357927
  • Modified: 2025-07-08
  • Number Images: 1
  • Attribution Contact: 908-245-6767
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 1999
Sold by
F & G Construction Llc
Bought by
Martinez Carlos A and Martinez Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
7.73%

Purchase Details

Closed on
Feb 7, 1999
Sold by
Schlenger Richard J
Bought by
F & G Construction Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $256,000 First American Title Ins Co
Bargain Sale Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,241 Unknown
Closed $46,000 Credit Line Revolving
Open $340,000 New Conventional
Closed $315,000 New Conventional
Closed $282,000 Adjustable Rate Mortgage/ARM
Closed $20,000 Credit Line Revolving
Previous Owner $241,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Rent $3,200 0.0% --
06/20/2025 06/20/25 Sold $950,000 0.0% --
05/15/2025 05/15/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $950,000 -- --
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 $15,935 $694,000 $192,600 $501,400
2023 $15,935 $50,700 $18,800 $31,900
2022 $15,504 $50,700 $18,800 $31,900
2021 $15,184 $50,700 $18,800 $31,900
2020 $14,840 $50,700 $18,800 $31,900
2019 $14,614 $50,700 $18,800 $31,900
2018 $14,471 $50,700 $18,800 $31,900
2017 $14,068 $50,700 $18,800 $31,900
2016 $14,069 $50,700 $18,800 $31,900
2015 $13,232 $50,700 $18,800 $31,900
2014 $12,835 $50,700 $18,800 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3962863

Garden State MLS

APN: 04-00006-0000-00079