NOT LISTED FOR SALE

318 Madison Ave Unit 2 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $612,615 - $717,000

4 Beds
2 Baths
1,755 Sq Ft
$375/Sq Ft Est. Value

About This Home

This home is located at 318 Madison Ave Unit 2, Elizabeth, NJ 07201 and is currently estimated at $658,654, approximately $375 per square foot. 318 Madison Ave Unit 2 is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Ruiz and Chastity
Bought by
Orellana Gelder
Current Estimated Value
$658,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$362,541
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$296,113

Purchase Details

Closed on
Oct 4, 2012
Sold by
Correa Diego F and Galvis Beatriz
Bought by
Ruiz Robin - Ellis, Chastity

Purchase Details

Closed on
Nov 28, 2007
Sold by
Namba Kentaro
Bought by
Correa Diego F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,560
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2005
Sold by
Quesada Gonzalo
Bought by
Namba Kentaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,160
Interest Rate
5.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Orellana Gelder $510,000 Old Republic Title
Ruiz Robin - Ellis, Chastity $150,000 --
Correa Diego F $472,800 Old Republic National Title
Namba Kentaro $350,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Gelder $382,500
Previous Owner Correa Diego F $94,560
Previous Owner Namba Kentaro $280,160
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
2025 $9,291 $482,900 $130,200 $352,700
2024 $14,552 $482,900 $130,200 $352,700
2023 $14,552 $46,300 $5,900 $40,400
2022 $14,158 $46,300 $5,900 $40,400
2021 $13,866 $46,300 $5,900 $40,400
2020 $13,552 $46,300 $5,900 $40,400
2019 $13,346 $46,300 $5,900 $40,400
2018 $13,215 $46,300 $5,900 $40,400
2017 $12,847 $46,300 $5,900 $40,400
2016 $12,848 $46,300 $5,900 $40,400
2015 $12,084 $46,300 $5,900 $40,400
2014 $11,721 $46,300 $5,900 $40,400
Source: Public Records

Map

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

318 Madison Ave Unit 2, Elizabeth, NJ

Not Listed for Sale

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