NOT LISTED FOR SALE

446-p Erico Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $763,000 - $1,025,407

-- Bed
-- Bath
-- Sq Ft
5,184 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $820,000

Est. 9% increase in value since last sale

Current estimated payment $5,931/month

100 Days on Market

Highlights

  • 2 Car Detached Garage
  • Cooling Available
  • Heating System Uses Steam
  • Elizabeth High School Rated A

About This Home

As of August 2022

Incredible 4-Family home in Elizabeth - an excellent investment opportunity! This well-maintained home features 4 two-bedroom units, a full attic, full basement with laundry area, and separate utilities. Worried about parking? No need! This home has 2 full-size garages and a separate driveway for multi-vehicle parking. With the rental market ON FIRE, this multi-family home does not disappoint and will not last. The possibilities are endless. MUST SEE!

Last Agent to Sell the Property

Matthew Coscia

Glen Mary Real Estate License #1751581 Listed on: 04/25/2022

Co-Listed By

Viola Salvato

Glen Mary Real Estate License #1537762

Last Buyer's Agent

Marie Gentile

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,004

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 47 x 110

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Personal items (including refrigerators and washer/dryer)
  • Tenant pays for electricity
  • The owner pays for hot water, yard maintenance, water, snow removal
  • Assessor Parcel Number 04-00006-0000-00336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,004

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Co List Office Mls Id: 3019
  • Co List Office Phone: 732-630-3000
  • Subdivision Name: None
  • Reso Flooring: Other
  • Year Built: 1928
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 47 x 110
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal items (including refrigerators and washer/dryer)
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 47 x 110
  • Parcel #: 04-00006-0000-00336
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15004.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Aug 5, 2022
Sold by
Valerio Alexandre M
Bought by
Didino Salvatore and Didino Fabiola
Seller's Agent
Matthew Coscia
Glen Mary Real Estate
Buyer's Agent
Marie Gentile
Keller Williams Realty West Monmouth
List Price
$809,000
Sold Price
$820,000
Premium/Discount to List
$11,000
1.36%
Views
5
Current Estimated Value
$894,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,602
Avg. Annual Appreciation
2.67%
Original Mortgage
$549,500
Outstanding Balance
$523,101
Interest Rate
4.99%
Estimated Equity
$371,501
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Didino Salvatore $820,000 Stewart Title
Didino Salvatore $820,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Didino Salvatore $549,500
Closed Didino Salvatore $549,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $820,000 +1.4% --
08/04/2022 08/04/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $809,000 0.0% --
06/06/2022 06/06/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $809,000 -3.7% --
04/25/2022 04/25/22 For Sale $839,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,488 $753,000 $192,900 $560,100
2024 $15,746 $753,000 $192,900 $560,100
2023 $15,746 $50,100 $10,800 $39,300
2022 $15,320 $50,100 $10,800 $39,300
2021 $15,004 $50,100 $10,800 $39,300
2020 $14,665 $50,100 $10,800 $39,300
2019 $14,441 $50,100 $10,800 $39,300
2018 $14,300 $50,100 $10,800 $39,300
2017 $13,901 $50,100 $10,800 $39,300
2016 $13,902 $50,100 $10,800 $39,300
2015 $13,076 $50,100 $10,800 $39,300
2014 $12,683 $50,100 $10,800 $39,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Coscia

    Seller's Agent in 2022

    Matthew Coscia

    Glen Mary Real Estate

    (917) 816-2516

    1 in this area

    64 Total Sales

    Matthew Coscia
    Section Image
  • Viola Salvato

    Seller Co-Listing Agent in 2022

    Viola Salvato

    Glen Mary Real Estate

    (347) 351-8770

    1 in this area

    15 Total Sales

    Viola Salvato
    Section Image

  • M

    Buyer's Agent in 2022

    Marie Gentile

    Keller Williams Realty West Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22212043

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00006-0000-00336

New Jersey Union County Elizabeth 07202 Bayway

446-p Erico Ave, Elizabeth, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes