NOT LISTED FOR SALE

1198 S State St Hillside, NJ 07205

Estimated Value: $488,000 - $600,000

Studio
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $525,000

Est. 4% increase in value since last sale

Current estimated payment $3,762/month

12 Days on Market

About This Home

As of April 2024

This home is located at 1198 S State St, Hillside, NJ 07205 since 17 February 2024 and is currently estimated at $546,848. This property was built in 1960. 1198 S State St is a home located in Union County with nearby schools including Abram P. Morris-Saybrook Elementary School, Hurden Looker School, and Ola Edwards Community School.

Last Agent to Sell the Property

Barry Goldman

CENTURY 21 PREFERRED REALTY, INC Brokerage Phone: 908-688-3311 Listed on: 02/17/2024

Last Buyer's Agent

Hipolito Touron

KELLER WILLIAMS VILLAGE SQUARE

KELLER WILLIAMS VILLAGE SQUARE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Union
  • I D: 5269932
  • Attribution Contact: 908-688-3311
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 27, 2024
Sold by
Lawrence And Susanne Palumbo Family Limi
Bought by
Silvera Neris and Silvera Mauricio
Seller's Agent
Barry Goldman
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
Hipolito Touron
KELLER WILLIAMS VILLAGE SQUARE
List Price
$459,000
Sold Price
$525,000
Premium/Discount to List
$66,000
14.38%
Views
54
Current Estimated Value
$546,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,831
Avg. Annual Appreciation
2.32%
Original Mortgage
$515,490
Outstanding Balance
$507,581
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$39,267

Purchase Details

Closed on
Jun 22, 2000
Sold by
Palumbo Lawrence and Palumbo John
Bought by
The Palumbo Family Ltd Partnership

Purchase Details

Closed on
Dec 30, 1999
Sold by
Palumbo Lawrence and Palumbo Susanne
Bought by
Palumbo Lawrence and Palumbo John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Silvera Neris $525,000 Fidelity National Title
Silvera Neris $525,000 Fidelity National Title
The Palumbo Family Ltd Partnership -- --
Palumbo Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvera Neris $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $525,000 +14.4% --
02/29/2024 02/29/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $459,000 -- --
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 $11,175 $135,400 $54,600 $80,800
2024 $10,850 $135,400 $54,600 $80,800
2023 $10,850 $135,400 $54,600 $80,800
2022 $10,749 $135,400 $54,600 $80,800
2021 $10,679 $135,400 $54,600 $80,800
2020 $10,617 $135,400 $54,600 $80,800
2019 $10,411 $135,400 $54,600 $80,800
2018 $10,307 $135,400 $54,600 $80,800
2017 $10,244 $135,400 $54,600 $80,800
2016 $10,232 $135,400 $54,600 $80,800
2015 $10,141 $135,400 $54,600 $80,800
2014 $9,982 $135,400 $54,600 $80,800
Source: Public Records

Agents Affiliated with this Home

  • Barry Goldman

    Seller's Agent in 2024

    Barry Goldman

    CENTURY 21 PREFERRED REALTY, INC

    (201) 207-9307

    4 in this area

    15 Total Sales

    Barry Goldman
    Section Image

  • H

    Buyer's Agent in 2024

    Hipolito Touron

    KELLER WILLIAMS VILLAGE SQUARE

    (201) 726-3933

    1 in this area

    112 Total Sales

    Hipolito Touron
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3886514

Garden State MLS

APN: 07-00907-0000-00011

New Jersey Union County Hillside 07205

1198 S State St, Hillside, NJ

Not Listed for Sale

MultiFamily

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