NOT LISTED FOR SALE

40 Raymond Terrace Unit 42 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $494,000 - $661,000

3 Beds
3 Baths
2,214 Sq Ft
$268/Sq Ft Est. Value

About This Home

This home is located at 40 Raymond Terrace Unit 42, Elizabeth, NJ 07208 and is currently estimated at $593,393, approximately $268 per square foot. 40 Raymond Terrace Unit 42 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Sunrise Realty Holding Of Delaware Llc
Bought by
40 Raymond Ter Llc
Current Estimated Value
$593,393

Purchase Details

Closed on
Apr 23, 2021
Sold by
Sunshine Homes & Management Inc
Bought by
Sunrise Realty Holding Of Delaware Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,533,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2017
Sold by
Wells Fargo Bank N A
Bought by
Sunshine Homes And Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 29, 2016
Sold by
Rodriguez Cesar and Rodriquez Rosa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 3, 2008
Sold by
Aurora Loan Services Llc
Bought by
Rodriguez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,708
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2008
Sold by
Federal National Mortgage Association
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 18, 2007
Sold by
Arbelaez Juan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 3, 2007
Sold by
Arbelaez Juan
Bought by
Proa Investments Llc

Purchase Details

Closed on
Mar 8, 2006
Sold by
Davalos Moises
Bought by
Arbelaez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.27%

Purchase Details

Closed on
Nov 6, 2002
Sold by
Castillo Lourdes
Bought by
Davalos Moses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.16%

Purchase Details

Closed on
Aug 10, 1995
Sold by
Capote Helida and Reyes Helida
Bought by
Castillo Lourdes J and Asencios Bernardo
Source: Public Records

Range of Values:

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
40 Raymond Ter Llc -- Drew Danielle
Sunrise Realty Holding Of Delaware Llc -- Riverside Abstract Llc
Sunrise Rlty Hldg/Delaware Llc -- Old Republic National Title
Sunshine Homes And Management Inc $200,000 Ist Rate Title & Settlement
Wells Fargo Bank Na $1,000 None Available
Rodriguez Cesar $241,000 Fidelity Natl Title Ins Co
Aurora Loan Services Llc -- None Available
Federal National Mortgage Association -- None Available
Proa Investments Llc -- --
Arbelaez Juan $330,000 --
Davalos Moses $245,000 --
Castillo Lourdes J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunrise Rlty Hldg/Delaware Llc $10,533,000
Previous Owner Sunshine Homes & Management Inc $343,000
Previous Owner Sunshine Homes And Management Inc $180,000
Previous Owner Rodriguez Cesar $324,708
Previous Owner Arbelaez Juan $72,000
Previous Owner Arbelaez Juan $288,000
Previous Owner Davalos Moises $337,500
Previous Owner Davalos Moses $220,500
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 $11,786 $436,800 $178,500 $258,300
2023 $11,467 $37,500 $9,300 $28,200
2022 $11,467 $37,500 $9,300 $28,200
2021 $11,231 $37,500 $9,300 $28,200
2020 $10,977 $37,500 $9,300 $28,200
2019 $10,809 $37,500 $9,300 $28,200
2018 $10,704 $37,500 $9,300 $28,200
2017 $10,405 $37,500 $9,300 $28,200
2016 $10,406 $37,500 $9,300 $28,200
2015 $9,787 $37,500 $9,300 $28,200
2014 -- $37,500 $9,300 $28,200
Source: Public Records

Map

New Jersey Union County Elizabeth 07208 Elmora

40 Raymond Terrace Unit 42, Elizabeth, NJ

This home is located at 40 Raymond Terrace Unit 42, Elizabeth, NJ 07208 and is currently estimated at $593,393, approximately $268 per square foot. 40 Raymond Terrace Unit 42 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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