NOT LISTED FOR SALE

163 2nd St Unit 2 Elizabeth, NJ 07206

Elizabethport Neighborhood

Estimated Value: $729,024 - $875,000

-- Bed
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $640,000

Est. 30% increase in value since last sale

Current estimated payment $5,351/month

About This Home

As of December 2021

This home is located at 163 2nd St Unit 2, Elizabeth, NJ 07206 since 17 September 2021 and is currently estimated at $831,256. This property was built in 2008. 163 2nd St Unit 2 is a home located in Union County with nearby schools including George Washington School No. 1, Elizabeth High School, and The Patrick School.

Last Agent to Sell the Property

YIRA DEMORIZI

PROMINENT PROPERTIES SIR Brokerage Phone: 973-838-0100 Listed on: 09/17/2021

Last Buyer's Agent

Marilou Wong

C-21 GEMINI, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,479

Year Built

  • Built in 2008

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,479

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Union
  • Street Number Display: 163
  • I D: 5104290
  • Modified: 2022-12-18
  • Number Images: 1
  • Attribution Contact: 973-838-0100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 13, 2021
Sold by
Ricardo-Velazquez Carlos A and Ricardo-Velazquez Estela
Bought by
Yau Lee Kuen
Seller's Agent
YIRA DEMORIZI
PROMINENT PROPERTIES SIR
Buyer's Agent
Marilou Wong
C-21 GEMINI, LLC.
List Price
$600,000
Sold Price
$640,000
Premium/Discount to List
$40,000
6.67%
Current Estimated Value
$831,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,256
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Oct 30, 2018
Sold by
Dos Netp Josil and Dos Santos Dos Maura
Bought by
Ricardo Velaquez Carlos A and Fernandez Carlos Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2000
Sold by
Medeiros Antonio
Bought by
Casagrande Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.7%

Purchase Details

Closed on
Jul 30, 1996
Sold by
Dacosta Alvarina and Medeiros Alvarina
Bought by
Medeiros Antonio
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
Yau Lee Kuen $640,000 Evident Title
Ricardo Velaquez Carlos A $330,000 None Available
Casagrande Beatriz $97,900 Lawyers Title Insurance Corp
Medeiros Antonio $14,434 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricardo Velaquez Carlos A $324,022
Previous Owner Casagrande Beatriz $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $640,000 +6.7% --
09/29/2021 09/29/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $600,000 -- --
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 $11,479 $596,600 $142,500 $454,100
2024 $13,892 $596,600 $142,500 $454,100
2023 $13,892 $44,200 $9,000 $35,200
2022 $13,516 $44,200 $9,000 $35,200
2021 $13,237 $44,200 $9,000 $35,200
2020 $12,938 $44,200 $9,000 $35,200
2019 $12,740 $44,200 $9,000 $35,200
2018 $12,616 $44,200 $9,000 $35,200
2017 $12,264 $44,200 $9,000 $35,200
2016 $12,265 $44,200 $9,000 $35,200
2015 $2,349 $44,200 $9,000 $35,200
2014 $2,278 $44,200 $9,000 $35,200
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    YIRA DEMORIZI

    PROMINENT PROPERTIES SIR

  • Marilou Wong

    Buyer's Agent in 2021

    Marilou Wong

    C-21 GEMINI, LLC.

    (201) 303-7146

    2 in this area

    86 Total Sales

    Marilou Wong
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3741613

Garden State MLS

APN: 04-00002-0000-00833

New Jersey Union County Elizabeth 07206 Elizabethport

163 2nd St Unit 2, Elizabeth, NJ

This home is located at 163 2nd St Unit 2, Elizabeth, NJ 07206 since 17 September 2021 and is currently estimated at $831,256. This property was built in 2008. 163 2nd St Unit 2 is a home located in Union County with nearby schools including George Washington School No. 1, Elizabeth High School, and The Patrick School.

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