NOT LISTED FOR SALE

447 Fern Place Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $669,120 - $716,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold March 28, 2022

Last sale price $520,000

Est. 33% increase in value since last sale

Current estimated payment $4,491/month

4 Days on Market

About This Home

As of March 2022

This home is located at 447 Fern Place, Elizabeth, NJ 07202 since 04 February 2022 and is currently estimated at $694,030. 447 Fern Place is a home located in Union County with nearby schools including Mabel G. Holmes School No. 5 and Elizabeth High School.

Last Agent to Sell the Property

CLAUDIA MOLINA

PRO REALTY LLC. Brokerage Phone: 973-826-9733 Listed on: 02/04/2022

Last Buyer's Agent

DIEGO MOLINA

HOMES & INVESTMENTS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,999

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5127849
  • Attribution Contact: 973-826-9733
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X170
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 10, 2022
Sold by
Corrales Clemencia L
Bought by
Paredes Ramon S and Garcia Nichole M
Seller's Agent
CLAUDIA MOLINA
PRO REALTY LLC.
Buyer's Agent
DIEGO MOLINA
HOMES & INVESTMENTS REALTY
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Current Estimated Value
$694,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,030
Avg. Annual Appreciation
8.23%
Original Mortgage
$416,000
Outstanding Balance
$388,370
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$305,660

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jul 31, 2017
Sold by
447 Ferb Pl Llc and Schwartz Shaom
Bought by
Corrales Clemencia L
Seller's Agent
ANA SMITH
COLDWELL BANKER REALTY
Buyer's Agent
CLAUDIA MOLINA
PRO REALTY LLC.
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$313,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2016
Sold by
Yagg Transportation Llc
Bought by
447 Fern Pl Llc

Purchase Details

Closed on
Apr 20, 2016
Sold by
Sec Of Hud Of Washington Dc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 8, 2013
Sold by
Mora Gustavo
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 7, 2008
Sold by
Torre Armando
Bought by
Mora Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,415
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2006
Sold by
Torre Armando
Bought by
Mercado Snadra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 3, 2006
Sold by
Mercado Sandra
Bought by
Torre Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2005
Sold by
Borges Justo
Bought by
Mercado Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.64%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2004
Sold by
Morales Fernando
Bought by
Borges Justo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.71%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Lapaz Juan
Bought by
Morales Fernando and Blanchi Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,475
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1998
Sold by
D V M Investment Corp
Bought by
Lapaz Juan and Lapaz Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,419
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1998
Sold by
Ferraro James
Bought by
D M V Corp
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
Paredes Ramon S $520,000 First American Title
Corrales Clemencia L $330,000 Empire Title Agency Llc
447 Fern Pl Llc -- --
Wells Fargo Bank Na -- --
Secretary Of Hud -- Attorney
Mora Gustavo $380,000 None Available
Mercado Snadra -- --
Torre Armando $465,000 --
Mercado Sandra $395,000 --
Borges Justo $260,000 --
Morales Fernando $185,000 --
Morales Fernando $185,000 Stewart Title Guaranty Compa
Lapaz Juan $131,500 --
D M V Corp $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Ramon S $416,000
Previous Owner Corrales Clemencia L $313,500
Previous Owner Mora Gustavo $366,415
Previous Owner Torre Armando $372,000
Previous Owner Mercado Sandra $316,000
Previous Owner Borges Justo $234,000
Previous Owner Morales Fernando $167,475
Previous Owner Lapaz Juan $130,419
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $520,000 +4.2% --
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $499,000 +51.2% --
08/01/2017 08/01/17 Sold $330,000 -2.7% -- View Prior Sale
07/27/2017 07/27/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $339,000 -- --
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 $9,999 $519,700 $202,700 $317,000
2024 $9,146 $519,700 $202,700 $317,000
2023 $9,146 $29,100 $7,800 $21,300
2022 $8,898 $29,100 $7,800 $21,300
2021 $8,715 $29,100 $7,800 $21,300
2020 $8,518 $29,100 $7,800 $21,300
2019 $8,388 $29,100 $7,800 $21,300
2018 $8,306 $29,100 $7,800 $21,300
2017 $8,074 $29,100 $7,800 $21,300
2016 $8,075 $29,100 $7,800 $21,300
2015 $7,595 $29,100 $7,800 $21,300
2014 $7,367 $29,100 $7,800 $21,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    CLAUDIA MOLINA

    PRO REALTY LLC.

  • D

    Buyer's Agent in 2022

    DIEGO MOLINA

    HOMES & INVESTMENTS REALTY

  • A

    Seller's Agent in 2017

    ANA SMITH

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3762377

Garden State MLS

APN: 04-00004-0000-00457

New Jersey Union County Elizabeth 07202 Bayway

447 Fern Place, 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes