NOT LISTED FOR SALE

440 Magie Ave Unit 442 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $441,000 - $843,000

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $430,000

Est. 63% increase in value since last sale

Current estimated payment $4,604/month

7 Days on Market

About This Home

As of September 2021

This home is located at 440 Magie Ave Unit 442, Elizabeth, NJ 07208 since 29 March 2021 and is currently estimated at $702,987. This property was built in 1910. 440 Magie Ave Unit 442 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.

Last Agent to Sell the Property

MARCEL A. OKORO

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 03/29/2021

Last Buyer's Agent

MARCEL A. OKORO

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 03/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,703

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,703

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Union
  • I D: 5059136
  • Attribution Contact: 973-817-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 57X125
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Sep 24, 2021
Sold by
Jovanovic Stanica and Jovanovic Zoran
Bought by
Resto Serafin
Seller's Agent
MARCEL A. OKORO
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
MARCEL A. OKORO
EXIT REALTY LUCKY ASSOCIATES
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$702,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,987
Avg. Annual Appreciation
12.54%
Original Mortgage
$365,500
Outstanding Balance
$332,578
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$370,409

Purchase Details

Closed on
Aug 21, 2020
Sold by
Jovanovic Rosa and Jovanovic Boban
Bought by
Jovanovic Stanica

Purchase Details

Closed on
Jul 8, 2020
Sold by
Jovanovic Stanica
Bought by
Jovanovic Rosa

Purchase Details

Closed on
Jul 31, 1996
Sold by
Stained Glass Overlay Inc
Bought by
Jovanovic Dragisa and Jovanovic Stanica

Purchase Details

Closed on
Dec 12, 1994
Sold by
Jovanovic Dragisa and Jovanovic Stanica
Bought by
Jovanovic Boban
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
Resto Serafin $430,000 Sunnyside Title Agency
Resto Serafin $430,000 Catic Title
Jovanovic Stanica $110,000 None Available
Jovanovic Rosa -- None Available
Jovanovic Dragisa $44,035 --
Jovanovic Boban -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resto Serafin $365,500
Closed Resto Serafin $365,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $430,000 -9.5% --
04/05/2021 04/05/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $475,000 -- --
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 $10,703 $556,300 $204,100 $352,200
2024 $17,004 $556,300 $204,100 $352,200
2023 $17,004 $54,100 $13,200 $40,900
2022 $16,543 $54,100 $13,200 $40,900
2021 $16,202 $54,100 $13,200 $40,900
2020 $15,836 $54,100 $13,200 $40,900
2019 $15,594 $54,100 $13,200 $40,900
2018 $15,442 $54,100 $13,200 $40,900
2017 $15,011 $54,100 $13,200 $40,900
2016 $15,012 $54,100 $13,200 $40,900
2015 $14,120 $54,100 $13,200 $40,900
2014 $13,696 $54,100 $13,200 $40,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARCEL A. OKORO

    EXIT REALTY LUCKY ASSOCIATES

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Map

Source: Garden State MLS

MLS Number: 3701416

Garden State MLS

APN: 04-00013-0000-00807

New Jersey Union County Elizabeth 07208 Elmora

440 Magie Ave Unit 442, Elizabeth, NJ

Not Listed for Sale

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