NOT LISTED FOR SALE

417 Fay Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $690,000 - $869,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 13, 2021

Last sale price $607,500

Est. 28% increase in value since last sale

Current estimated payment $5,327/month

37 Days on Market

About This Home

As of July 2021

This home is located at 417 Fay Ave, Elizabeth, NJ 07202 since 10 May 2021 and is currently estimated at $771,079. 417 Fay Ave is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

Last Agent to Sell the Property

Nereyda Martinez

RE/MAX LIFETIME REALTORS Brokerage Phone: 908-688-2828 Listed on: 05/10/2021

RE/MAX LIFETIME REALTORS

Last Buyer's Agent

JONATHAN WEISBROD

WHITE REALTY CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,981

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,981

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 417
  • I D: 5070203
  • Modified: 2022-07-14
  • Number Images: 1
  • Attribution Contact: 908-688-2828
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X120
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 25, 2021
Sold by
Asham Lucinda
Bought by
Abreau Edgar
Seller's Agent
Nereyda Martinez
RE/MAX LIFETIME REALTORS
Buyer's Agent
JONATHAN WEISBROD
WHITE REALTY CO.
List Price
$575,000
Sold Price
$607,500
Premium/Discount to List
$32,500
5.65%
Current Estimated Value
$775,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,961
Avg. Annual Appreciation
4.88%
Original Mortgage
$512,500
Outstanding Balance
$474,167
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$263,636

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 5, 2019
Sold by
Stanwich Mortgage Loan Trust A
Bought by
Asham Lucinda
Seller's Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY
Buyer's Agent
Nereyda Martinez
RE/MAX LIFETIME REALTORS
List Price
$229,000
Sold Price
$275,000
Premium/Discount to List
$46,000
20.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.14%

Purchase Details

Closed on
Feb 13, 2019
Sold by
Ortiz Gillens Blanca and Romeu Mercedes
Bought by
Wilmington Savings Fund Society

Purchase Details

Closed on
May 31, 2005
Sold by
Raga Catherine
Bought by
Gillens Blanca Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,100
Interest Rate
5.59%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Rodriguez Jose
Bought by
Raga Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1999
Sold by
Banek Joseph and Banek Emily
Bought by
Rodriguez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,536
Interest Rate
7.65%
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
Abreau Edgar $607,500 Chicago Title Insurance Co
Asham Lucinda $275,000 Fortune Title Agency Inc
Wilmington Savings Fund Society $1,000 Fortune Title Agency Inc
Gillens Blanca Ortiz $469,000 --
Raga Catherine $369,000 --
Rodriguez Jose $179,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreau Edgar $512,500
Previous Owner Ortiz Gillens Blanca $488,750
Previous Owner Gillens Blanca Ortiz $422,100
Previous Owner Raga Catherine $349,000
Previous Owner Rodriguez Jose $177,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $607,500 +5.7% --
06/21/2021 06/21/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $575,000 +109.1% --
12/13/2019 12/13/19 Sold $275,000 +20.1% --
11/05/2019 11/05/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $229,000 -- --
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
2024 $12,981 $577,600 $194,400 $383,200
2023 $12,981 $41,300 $7,900 $33,400
2022 $12,629 $41,300 $7,900 $33,400
2021 $12,369 $41,300 $7,900 $33,400
2020 $12,089 $41,300 $7,900 $33,400
2019 $11,904 $41,300 $7,900 $33,400
2018 $11,788 $41,300 $7,900 $33,400
2017 $11,460 $41,300 $7,900 $33,400
2016 $11,460 $41,300 $7,900 $33,400
2015 $10,779 $41,300 $7,900 $33,400
2014 $10,456 $37,300 $7,900 $29,400
Source: Public Records

Agents Affiliated with this Home

  • Nereyda Martinez

    Seller's Agent in 2021

    Nereyda Martinez

    RE/MAX

    (908) 414-5119

    4 in this area

    47 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    JONATHAN WEISBROD

    WHITE REALTY CO.

  • H

    Seller's Agent in 2019

    HERNAN CASTRO

    THE REAL ESTATE COMPANY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3711060

Garden State MLS

APN: 04-00006-0000-00386

New Jersey Union County Elizabeth 07202 Bayway

417 Fay Ave, Elizabeth, NJ

This home is located at 417 Fay Ave, Elizabeth, NJ 07202 since 10 May 2021 and is currently estimated at $771,079. 417 Fay Ave is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

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