NOT LISTED FOR SALE

Estimated Value: $631,000 - $858,000

3 Beds
2 Baths
2,356 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 228 Port Ave Unit 2, Elizabethport, NJ 07206 and is currently estimated at $730,559, approximately $310 per square foot. 228 Port Ave Unit 2 is a home located in Union County with nearby schools including Benjamin Franklin School No. 13, Elizabeth High School, and The Patrick School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Adebero Michael A and Fatimo Ayo
Bought by
Clearlite Solution Llc
Current Estimated Value
$730,559

Purchase Details

Closed on
Mar 30, 2021
Sold by
Rodrigues Jose
Bought by
Adebero Michael A and Adebero Fatimo Ayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,310
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2010
Sold by
Wilmington Trust Company
Bought by
Rodrigues Jose

Purchase Details

Closed on
Dec 1, 2009
Sold by
Hill Jerry and Hill Karen
Bought by
Wilmington Trust Company

Purchase Details

Closed on
Oct 4, 2005
Sold by
Port Ave Llc
Bought by
Hill Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Clearlite Solution Llc -- Fidelity National Title
Adebero Michael A $560,000 Fidelity National Ttl Ins Co
Rodrigues Jose $175,000 Multiple
Wilmington Trust Company -- None Available
Hill Jerry $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adebero Michael A $541,310
Previous Owner Adebero Michael A $541,310
Previous Owner Hill Jerry $380,000
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
2024 $14,144 $583,900 $142,500 $441,400
2023 $14,144 $45,000 $11,000 $34,000
2022 $13,761 $45,000 $11,000 $34,000
2021 $13,477 $45,000 $11,000 $34,000
2020 $13,172 $45,000 $11,000 $34,000
2019 $12,971 $45,000 $11,000 $34,000
2018 $12,844 $45,000 $11,000 $34,000
2017 $12,486 $45,000 $11,000 $34,000
2016 $13,320 $48,000 $11,000 $37,000
2015 $12,528 $48,000 $11,000 $37,000
2014 $12,962 $51,200 $11,000 $40,200
Source: Public Records

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