NOT LISTED FOR SALE

422 Cherry St Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $589,119 - $741,000

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

Sale Details

Date Sold: February 10, 2023

Last sale price $613,000

Est. 9% increase in value since last sale

Current estimated payment $4,432 / mo

10 Days on Market

About This Home

As of February 2023

This home is located at 422 Cherry St, Elizabeth, NJ 07208 since 12 December 2022 and is currently estimated at $668,530. 422 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

Peter Moriello

REAL Brokerage Phone: 973-921-1111 Listed on: 12/12/2022

REAL

Last Buyer's Agent

ISRAEL HERNANDEZ

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,485 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5193252
  • Attribution Contact: 973-921-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X125
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 9, 2023
Sold by
422 Cherry St Llc
Bought by
Alarcon Erik
Seller's Agent
Peter Moriello
REAL
Buyer's Agent
ISRAEL HERNANDEZ
List Price
$599,999
Sold Price
$613,000
Premium/Discount to List
$13,001
2.17%
Views
110
Current Estimated Value
$668,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,530
Avg. Annual Appreciation
2.81%
Original Mortgage
$582,350
Outstanding Balance
$563,409
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$105,121

Purchase Details

Listed on
Dec 12, 2022
Closed on
Feb 2, 2023
Sold by
Estiverne Gerard
Bought by
422 Cherry St Llc
Seller's Agent
Peter Moriello
REAL
Buyer's Agent
ISRAEL HERNANDEZ
List Price
$599,999
Sold Price
$613,000
Premium/Discount to List
$13,001
2.17%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,350
Outstanding Balance
$563,409
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$105,121

Purchase Details

Closed on
Nov 15, 2021
Sold by
Jean Joseph C and Jean Alourdes C
Bought by
422 Cherry Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.27%

Purchase Details

Closed on
Jul 16, 1992
Bought by
Jean J C and - Estiverne, G A C
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
Alarcon Erik $613,000 Stewart Title
Alarcon Erik $613,000 Stewart Title
422 Cherry St Llc -- Stewart Title
422 Cherry Street Llc $150,000 Land Title
Jean J C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alarcon Erik $582,350
Closed Alarcon Erik $582,350
Previous Owner 422 Cherry Street Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $613,000 +2.2% --
12/22/2022 12/22/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $599,999 -- --
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 $9,978 $518,600 $175,200 $343,400
2024 $9,649 $518,600 $175,200 $343,400
2023 $9,649 $30,700 $7,600 $23,100
2022 $9,388 $30,700 $7,600 $23,100
2021 $9,194 $30,700 $7,600 $23,100
2020 $8,986 $30,700 $7,600 $23,100
2019 $8,849 $30,700 $7,600 $23,100
2018 $8,763 $30,700 $7,600 $23,100
2017 $8,518 $30,700 $7,600 $23,100
2016 $8,519 $30,700 $7,600 $23,100
2015 $8,012 $30,700 $7,600 $23,100
2014 $7,772 $30,700 $7,600 $23,100
Source: Public Records

Agents Affiliated with this Home

  • Peter Moriello

    Seller's Agent in 2023

    Peter Moriello

    REAL

    (908) 451-2311

    3 in this area

    108 Total Sales

    Peter Moriello
    Section Image

  • I

    Buyer's Agent in 2023

    ISRAEL HERNANDEZ

    (908) 578-0550

    2 in this area

    35 Total Sales

    ISRAEL HERNANDEZ
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3820974

Garden State MLS

APN: 04-00013-0000-00081

New Jersey Union County Elizabeth 07208 Elmora

422 Cherry St, Elizabeth, NJ

Not Listed for Sale

MultiFamily

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