NOT LISTED FOR SALE

501 New York Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $529,000 - $783,000

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

Last Sold August 12, 2021

Last sale price $510,000

Est. 29% increase in value since last sale

Current estimated payment $4,268/month

18 Days on Market

About This Home

As of August 2021

This home is located at 501 New York Ave, Elizabeth, NJ 07202 since 19 May 2021 and is currently estimated at $658,683. 501 New York 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

JACQUELINE BETANCURT

RE/MAX ACHIEVERS Brokerage Phone: 908-522-9444 Listed on: 05/19/2021

RE/MAX ACHIEVERS

Last Buyer's Agent

GEORGE MIHALAKIS

COLDWELL BANKER REALTY SRV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,468

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,468

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5073233
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 32X110
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 21, 2021
Sold by
Saydek Barbara Pena and Estate Of Ines Naval
Bought by
Fernandez Juan E and Cruzs Bonilla Francisca
Seller's Agent
JACQUELINE BETANCURT
RE/MAX ACHIEVERS
Buyer's Agent
GEORGE MIHALAKIS
COLDWELL BANKER REALTY SRV
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Current Estimated Value
$658,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,683
Avg. Annual Appreciation
6.14%
Original Mortgage
$492,978
Outstanding Balance
$447,301
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$211,382
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Fernandez Juan E $510,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Juan E $492,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $510,000 +2.0% --
05/23/2021 05/23/21 For Sale $499,900 -- --
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 $9,468 $492,100 $169,500 $322,600
2024 $11,221 $492,100 $169,500 $322,600
2023 $11,221 $35,700 $8,100 $27,600
2022 $10,917 $35,700 $8,100 $27,600
2021 $10,691 $35,700 $8,100 $27,600
2020 $10,450 $35,700 $8,100 $27,600
2019 $10,290 $35,700 $8,100 $27,600
2018 $10,190 $35,700 $8,100 $27,600
2017 $9,906 $35,700 $8,100 $27,600
2016 $9,906 $35,700 $8,100 $27,600
2015 $9,317 $35,700 $8,100 $27,600
2014 $9,038 $35,700 $8,100 $27,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Buyer's Agent in 2021

    GEORGE MIHALAKIS

    COLDWELL BANKER REALTY SRV

See All Agents

Map

Source: Garden State MLS

MLS Number: 3713823

Garden State MLS

APN: 04-00006-0000-00751

New Jersey Union County Elizabeth 07202 Bayway

501 New York Ave, Elizabeth, NJ

Not Listed for Sale

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