NOT LISTED FOR SALE

240 Magnolia Ave Elizabethport, NJ 07206

Elizabethport Neighborhood

Estimated Value: $484,000 - $694,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $392,500

Est. 57% increase in value since last sale

Current estimated payment $3,861/month

6 Days on Market

About This Home

As of February 2023

This home is located at 240 Magnolia Ave, Elizabethport, NJ 07206 since 19 January 2023 and is currently estimated at $615,750. This property was built in 1910. 240 Magnolia Ave 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

Javier Matallana

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 01/19/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Javier Matallana

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 01/19/2023

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,957

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,957

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Union
  • Street Number Display: 240
  • I D: 5199222
  • Modified: 2024-03-01
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 28, 2023
Sold by
Gaskin Andy A
Bought by
Aq Holdings Llc
Seller's Agent
Javier Matallana
COLDWELL BANKER REALTY
Buyer's Agent
Javier Matallana
COLDWELL BANKER REALTY
List Price
$379,000
Sold Price
$392,500
Premium/Discount to List
$13,500
3.56%
Views
235
Current Estimated Value
$615,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,250
Avg. Annual Appreciation
19.31%
Original Mortgage
$294,375
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
Oct 20, 2018
Sold by
Star Associates Llc
Bought by
Gaskin Andy A
Seller's Agent
ALEXANDRA CORTICADA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
DORRA JOHNSON
WEICHERT REALTORS
List Price
$296,900
Sold Price
$275,000
Premium/Discount to List
-$21,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$270,019
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 9, 2015
Closed on
Nov 6, 2015
Sold by
Ferreira Henrique and Ferreira Marta
Bought by
Star Associates Llc
Seller's Agent
Antonio Pereira
RE/MAX NEW MILLENNIUM GROUP
Buyer's Agent
JOE A. CORTICADA
EXIT REALTY LUCKY ASSOCIATES
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.76%
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
Aq Holdings Llc $392,500 American Land Title
Aq Holdings Llc $392,500 American Land Title
Gaskin Andy A $275,000 Weichert Title Agency
Star Associates Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aq Holdings Llc $479,500
Closed Aq Holdings Llc $294,375
Previous Owner Gaskin Andy A $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $392,500 +3.6% --
01/25/2023 01/25/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $379,000 +37.8% --
10/24/2018 10/24/18 Sold $275,000 -7.4% --
09/10/2018 09/10/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $296,900 +271.1% --
11/09/2015 11/09/15 Sold $80,000 -- --
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 $6,957 $361,600 $128,300 $233,300
2024 $6,663 $361,600 $128,300 $233,300
2023 $6,663 $21,200 $5,400 $15,800
2022 $6,483 $21,200 $5,400 $15,800
2021 $6,349 $21,200 $5,400 $15,800
2020 $6,205 $21,200 $5,400 $15,800
2019 $6,111 $21,200 $5,400 $15,800
2018 $6,051 $21,200 $5,400 $15,800
2017 $5,882 $21,200 $5,400 $15,800
2016 $5,883 $21,200 $5,400 $15,800
2015 $5,533 $21,200 $5,400 $15,800
2014 $5,367 $21,200 $5,400 $15,800
Source: Public Records

Agents Affiliated with this Home

  • Javier Matallana

    Seller's Agent in 2023

    Javier Matallana

    COLDWELL BANKER REALTY

    (908) 463-3063

    2 in this area

    69 Total Sales

    Javier Matallana
    Section Image

  • A

    Seller's Agent in 2018

    ALEXANDRA CORTICADA

    EXIT REALTY LUCKY ASSOCIATES

  • D

    Buyer's Agent in 2018

    DORRA JOHNSON

    WEICHERT REALTORS

  • Antonio Pereira

    Seller's Agent in 2015

    Antonio Pereira

    RE/MAX

    (908) 403-3356

    6 in this area

    47 Total Sales

    Antonio Pereira
    Section Image

  • J

    Buyer's Agent in 2015

    JOE A. CORTICADA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3825091

Garden State MLS

APN: 04-00002-0000-00699

New Jersey Union County Elizabethport 07206 Elizabethport

240 Magnolia Ave, Elizabethport, NJ

This home is located at 240 Magnolia Ave, Elizabethport, NJ 07206 since 19 January 2023 and is currently estimated at $615,750. This property was built in 1910. 240 Magnolia Ave 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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