NOT LISTED FOR SALE

357 Cherry St Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $510,112 - $717,000

Studio
-- Bath
-- Sq Ft
4,487 Sq Ft Lot Lot

Sale Details

Date Sold: February 4, 2023

Last sale price $500,000

Est. 21% increase in value since last sale

Current estimated payment $3,908 / mo

23 Days on Market

About This Home

As of February 2023

This home is located at 357 Cherry St, Elizabeth, NJ 07208 since 09 November 2022 and is currently estimated at $606,778. 357 Cherry St is a home located in Union County with nearby schools including No 27 Dr Antonio Pantoja, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

Elias Christodoulakis

PROMINENT PROPERTIES SIR Brokerage Phone: 908-233-5555 Listed on: 11/09/2022

PROMINENT PROPERTIES SIR

Last Buyer's Agent

ALEXANDER POSSO

SIGNATURE REALTY NJ

Property Details

Home Type

Multi-Family

Lot Details

4,487 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5189749
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 31X145XIRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 2, 2023
Sold by
357 Cherry Street Llc
Bought by
Chan Kwan
Seller's Agent
Elias Christodoulakis
PROMINENT PROPERTIES SIR
Buyer's Agent
ALEXANDER POSSO
SIGNATURE REALTY NJ
List Price
$500,000
Sold Price
$500,000
Views
88
Current Estimated Value
$606,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,778
Avg. Annual Appreciation
6.14%
Original Mortgage
$400,000
Outstanding Balance
$385,051
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$221,727

Purchase Details

Listed on
Nov 5, 2020
Closed on
Oct 29, 2020
Sold by
Gill Bimla R and Gill Ajay
Bought by
357 Cherry Street Llc
Seller's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
List Price
$309,900
Sold Price
$309,000
Premium/Discount to List
-$900
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.09%
Original Mortgage
$231,750
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2020
Closed on
Oct 1, 2020
Sold by
Gill Kulwant S and Gill Monika
Bought by
357 Cherry Street Llc
Seller's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
List Price
$309,900
Sold Price
$309,000
Premium/Discount to List
-$900
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
3.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chan Kwan $500,000 Wfg National Title
Chan Kwan $500,000 Wfg National Title
357 Cherry Street Llc $309,000 Addison Abstract Llc
357 Cherry Street Llc $309,000 None Listed On Document
357 Cherry Street Llc $309,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Kwan $400,000
Closed Chan Kwan $400,000
Previous Owner 357 Cherry Street Llc $231,750
Previous Owner 357 Cherry Street Llc $231,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2023 02/04/23 Sold $500,000 0.0% --
12/02/2022 12/02/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $500,000 +61.8% --
11/13/2020 11/13/20 Sold $309,000 -0.3% -- View Prior Sale
11/09/2020 11/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $309,900 -- --
Source: Garden State MLS

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 $8,296 $431,200 $198,200 $233,000
2024 $8,423 $431,200 $198,200 $233,000
2023 $8,423 $26,800 $7,700 $19,100
2022 $8,195 $26,800 $7,700 $19,100
2021 $8,026 $26,800 $7,700 $19,100
2020 $7,845 $26,800 $7,700 $19,100
2019 $7,725 $26,800 $7,700 $19,100
2018 $7,650 $26,800 $7,700 $19,100
2017 $7,436 $26,800 $7,700 $19,100
2016 $7,437 $26,800 $7,700 $19,100
2015 $6,995 $26,800 $7,700 $19,100
2014 $6,785 $26,800 $7,700 $19,100
Source: Public Records

Agents Affiliated with this Home

  • Elias Christodoulakis

    Seller's Agent in 2023

    Elias Christodoulakis

    PROMINENT PROPERTIES SIR

    (908) 906-1703

    7 in this area

    77 Total Sales

    Elias Christodoulakis
    Section Image

  • A

    Buyer's Agent in 2023

    ALEXANDER POSSO

    SIGNATURE REALTY NJ

  • N

    Seller's Agent in 2020

    NANCY MEJIA

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3817072

Garden State MLS

APN: 04-00011-0000-00081

New Jersey Union County Elizabeth 07208 Elmora

357 Cherry St, Elizabeth, NJ

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