NOT LISTED FOR SALE

118 Race St Unit 2 Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $854,000 - $957,945

6 Beds
5 Baths
2,361 Sq Ft
$392/Sq Ft Est. Value

About This Home

This home is located at 118 Race St Unit 2, Elizabeth, NJ 07202 and is currently estimated at $925,736, approximately $392 per square foot. 118 Race St Unit 2 is a home located in Union County with nearby schools including Elizabeth High School and JVJ STEM Academy - School No. 92.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Rivera Wilson Alejandro Rios
Bought by
Ojeda Luis C Naranjo and Trujillo Marina Arita
Current Estimated Value
$925,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$898,427
Outstanding Balance
$893,109
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$32,627

Purchase Details

Closed on
Nov 3, 2022
Sold by
Fuentes Jorge A and Fuentes Luz A
Bought by
Rivera Wilson Alejandro Ri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,701
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2018
Sold by
Mtglq Investors Lp
Bought by
Fuentes Jorge A and Fuentes Luz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,600
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2017
Sold by
Pascoal Manuel and Pascoal Ana V
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jun 14, 2004
Sold by
Zaseski Waldemar
Bought by
Pascoal Manuel and Pascoal Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2001
Sold by
Laranjeiro Mario
Bought by
Zaseski Waldemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001
Sold by
Sequeira Antonio and Sequeira Florinda
Bought by
Laranjeiro Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2000
Sold by
Sequeira Florinda and Sequeira Antonio
Bought by
Sequeira Antonio and Sequeira Florinda
Source: Public Records

Range of Values:

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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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
Ojeda Luis C Naranjo $915,000 Westcor Land Title
Naranjo Ojeda Luis C $915,000 Westcor Land Title
Rivera Wilson Alejandro Ri $679,000 Stewart Title Guaranty Company
Rivera Wilson Alejandro Ri $679,000 Stewart Title Guaranty Company
Fuentes Jorge A $379,500 First American Title Ins Co
Mtglq Investors Lp $201,000 None Available
Pascoal Manuel $468,000 --
Zaseski Waldemar $280,000 Chicago Title Insurance Co
Laranjeiro Mario $55,000 --
Sequeira Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naranjo Ojeda Luis C $898,427
Closed Naranjo Ojeda Luis C $898,427
Previous Owner Rivera Wilson Alejandro Ri $666,701
Previous Owner Fuentes Jorge A $303,600
Previous Owner Pascoal Manuel $421,000
Previous Owner Zaseski Waldemar $252,000
Previous Owner Laranjeiro Mario $132,500
Source: Public Records

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
2025 $11,946 $620,900 $160,200 $460,700
2024 $18,921 $620,900 $160,200 $460,700
2023 $18,921 $60,200 $14,800 $45,400
2022 $18,409 $60,200 $14,800 $45,400
2021 $18,029 $60,200 $14,800 $45,400
2020 $17,621 $60,200 $14,800 $45,400
2019 $17,352 $60,200 $14,800 $45,400
2018 $17,183 $60,200 $14,800 $45,400
2017 $16,704 $60,200 $14,800 $45,400
2016 $16,705 $60,200 $14,800 $45,400
2015 $15,712 $60,200 $14,800 $45,400
2014 -- $60,200 $14,800 $45,400
Source: Public Records

Map

New Jersey Union County Elizabeth 07202 Bayway

118 Race St Unit 2, Elizabeth, NJ

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