NOT LISTED FOR SALE

118 Race St Unit 20 Elizabeth, NJ 07202

Bayway Neighborhood

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

-- Bed
-- Bath
-- Sq Ft
34 Sq Ft Lot

Last Sold February 11, 2025

Last sale price $915,000

Est. 1% increase in value since last sale

Current estimated payment $5,875/month

11 Days on Market

About This Home

As of February 2025

This home is located at 118 Race St Unit 20, Elizabeth, NJ 07202 since 04 November 2024 and is currently estimated at $925,736. 118 Race St Unit 20 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

WILSON ALEJAN RIOS

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 908-325-5060 Listed on: 11/04/2024

Last Buyer's Agent

ROSANGELY NEGRON

THE ARENDEL GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,946

Lot Details

  • 34 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,946

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5322627
  • Attribution Contact: 908-325-5060
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34.11X77 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Feb 10, 2025
Sold by
Rivera Wilson Alejandro Rios
Bought by
Ojeda Luis C Naranjo and Trujillo Marina Arita
Seller's Agent
WILSON ALEJAN RIOS
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
ROSANGELY NEGRON
THE ARENDEL GROUP LLC
List Price
$849,000
Sold Price
$915,000
Premium/Discount to List
$66,000
7.77%
Views
18
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.
Estimated Appreciation
$10,736
Avg. Annual Appreciation
1.53%
Original Mortgage
$898,427
Outstanding Balance
$893,109
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$32,627

Purchase Details

Listed on
Apr 21, 2022
Closed on
Nov 3, 2022
Sold by
Fuentes Jorge A and Fuentes Luz A
Bought by
Rivera Wilson Alejandro Ri
Seller's Agent
George A. Castro IV
PREMIER HOMES
Buyer's Agent
WILSON ALEJAN RIOS
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$679,000
Sold Price
$679,000
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
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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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2025 02/11/25 Sold $915,000 +7.8% --
11/15/2024 11/15/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $849,000 +25.0% --
11/08/2022 11/08/22 Sold $679,000 0.0% -- View Prior Sale
09/15/2022 09/15/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $679,000 -- --
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
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

Agents Affiliated with this Home

  • W

    Seller's Agent in 2025

    WILSON ALEJAN RIOS

    KELLER WILLIAMS CITY VIEWS REALTY

  • R

    Buyer's Agent in 2025

    ROSANGELY NEGRON

    THE ARENDEL GROUP LLC

    (908) 764-8610

    3 in this area

    44 Total Sales

    ROSANGELY NEGRON
    Section Image

  • G

    Seller's Agent in 2022

    George A. Castro IV

    PREMIER HOMES

    (908) 875-8793

    4 in this area

    76 Total Sales

    George A. Castro IV
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3932732

Garden State MLS

APN: 04-00006-0000-00883

New Jersey Union County Elizabeth 07202 Bayway

118 Race St Unit 20, Elizabeth, NJ

Not Listed for Sale

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