NOT LISTED FOR SALE

408 Niles St Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $796,000 - $953,559

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

Last Sold December 26, 2023

Last sale price $850,000

Est. 3% increase in value since last sale

Current estimated payment $4,824/month

6 Days on Market

About This Home

As of December 2023

This home is located at 408 Niles St, Elizabeth, NJ 07202 since 09 November 2023 and is currently estimated at $874,780. This property was built in 2021. 408 Niles St is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Last Agent to Sell the Property

Deborah Citarella

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 11/09/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Gabriela Andrade

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 2021

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,934

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Year Built: 2021
  • County Name: Union
  • I D: 5255155
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 13, 2023
Sold by
Ferraioli Michael and Ferraioli Luisa
Bought by
Rojas Javier A
Seller's Agent
Deborah Citarella
COLDWELL BANKER REALTY
Buyer's Agent
Gabriela Andrade
COLDWELL BANKER REALTY
List Price
$775,000
Sold Price
$850,000
Premium/Discount to List
$75,000
9.68%
Views
29
Current Estimated Value
$874,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,780
Avg. Annual Appreciation
1.57%
Original Mortgage
$641,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2021
Sold by
Normandy Place Construction Llc
Bought by
Ferraioli Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
2.67%
Mortgage Type
VA

Purchase Details

Closed on
Nov 4, 2019
Sold by
Trifera Llc
Bought by
Normandy Place Construction Llc

Purchase Details

Closed on
Jul 30, 2019
Sold by
Rivera Maria Claudio
Bought by
Triffera Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Goncalves Julio and Goncalves Maria
Bought by
Rivera Maria Claudio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,451
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rojas Javier A $850,000 Realsafe Title
Rojas Javier A $850,000 Realsafe Title
Ferraioli Michael $582,000 New Horizon Abstract
Ferraioli Michael $582,000 None Listed On Document
Normandy Place Construction Llc $158,000 Ats Title Agency Inc
Triffera Llc $1,000 None Available
Rivera Maria Claudio $115,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rojas Javier A $641,000
Previous Owner Ferraioli Michael $582,000
Previous Owner Rivera Maria Claudio $113,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2023 12/26/23 Sold $850,000 +9.7% --
11/15/2023 11/15/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $775,000 -- --
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 $2,934 $152,500 $152,500 $501,000
2024 $2,074 $152,500 $152,500 $501,000
2023 $2,018 $6,600 $0 $0
2022 $1,519 $6,600 $0 $0
2021 $1,977 $6,600 $6,600 $0
2020 $6,088 $20,800 $6,600 $14,200
2019 $5,995 $20,800 $6,600 $14,200
2018 $5,937 $20,800 $6,600 $14,200
2017 $5,771 $20,800 $6,600 $14,200
2016 $5,772 $20,800 $6,600 $14,200
2015 $5,429 $20,800 $6,600 $14,200
2014 $5,266 $20,800 $6,600 $14,200
Source: Public Records

Agents Affiliated with this Home

  • Deborah Citarella

    Seller's Agent in 2023

    Deborah Citarella

    COLDWELL BANKER REALTY

    (908) 233-0065

    1 in this area

    136 Total Sales

    Deborah Citarella
    Section Image
  • Gabriela Andrade

    Buyer's Agent in 2023

    Gabriela Andrade

    COLDWELL BANKER REALTY

    (908) 391-0509

    1 in this area

    26 Total Sales

    Gabriela Andrade
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3873815

Garden State MLS

APN: 04-00005-0000-01067

New Jersey Union County Elizabeth 07202 Peters

408 Niles St, Elizabeth, NJ

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