NOT LISTED FOR SALE

240 Lincoln Ave Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $807,000 - $914,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold August 06, 2024

Last sale price $815,000

Est. 4% increase in value since last sale

Current estimated payment $5,895/month

5 Days on Market

About This Home

As of August 2024

This home is located at 240 Lincoln Ave, Elizabeth, NJ 07208 since 10 May 2024 and is currently estimated at $850,183. This property was built in 1923. 240 Lincoln Ave is a home located in Union County with nearby schools including Number 12, Elmora Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

Javier Matallana

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 05/10/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Javier Matallana

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 05/10/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,149

Year Built

  • Built in 1923

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,149

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Union
  • Street Number Display: 240
  • I D: 5287611
  • Modified: 2025-08-07
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 041X155 AVG
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 24, 2024
Sold by
Flor Leandro M and Hayes Lynn
Bought by
Ordonez-Lopez Ruth D
Seller's Agent
Javier Matallana
COLDWELL BANKER REALTY
Buyer's Agent
Javier Matallana
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$815,000
Premium/Discount to List
$116,000
16.6%
Views
31
Current Estimated Value
$850,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,183
Avg. Annual Appreciation
4.07%
Original Mortgage
$680,000
Outstanding Balance
$672,904
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$177,279

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jun 25, 2012
Sold by
Ibanez Jose J and Ibanez Yolanda
Bought by
Flor Leandro M and Sampaio Maria F
Seller's Agent
MARINA AIELLO
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
Javier Matallana
COLDWELL BANKER REALTY
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
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
Ordonez-Lopez Ruth D $815,000 Chicago Title
Flor Leandro M $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordonez-Lopez Ruth D $680,000
Previous Owner Ibanez Jose J $142,000
Previous Owner Ibanez Jose J $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $815,000 +3.3% --
05/30/2024 05/30/24 Pending -- -- --
05/27/2024 05/27/24 Price Changed $789,000 +12.9% --
05/25/2024 05/25/24 For Sale $699,000 +118.4% --
06/25/2012 06/25/12 Sold $320,000 -- --
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
2024 $15,149 $586,500 $190,600 $395,900
2023 $15,149 $48,200 $10,700 $37,500
2022 $14,739 $48,200 $10,700 $37,500
2021 $14,435 $48,200 $10,700 $37,500
2020 $14,109 $48,200 $10,700 $37,500
2019 $13,893 $48,200 $10,700 $37,500
2018 $13,758 $48,200 $10,700 $37,500
2017 $13,374 $48,200 $10,700 $37,500
2016 $13,375 $48,200 $10,700 $37,500
2015 $12,580 $48,200 $10,700 $37,500
2014 $12,202 $48,200 $10,700 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Javier Matallana

    Seller's Agent in 2024

    Javier Matallana

    COLDWELL BANKER REALTY

    (908) 463-3063

    29 in this area

    71 Total Sales

    Javier Matallana
    Section Image

  • M

    Seller's Agent in 2012

    MARINA AIELLO

    CENTURY 21 PREFERRED REALTY, INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3901593

Garden State MLS

APN: 04-00013-0000-00720

New Jersey Union County Elizabeth 07208 Elmora

240 Lincoln Ave, Elizabeth, NJ

This home is located at 240 Lincoln Ave, Elizabeth, NJ 07208 since 10 May 2024 and is currently estimated at $850,183. This property was built in 1923. 240 Lincoln Ave is a home located in Union County with nearby schools including Number 12, Elmora Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

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