NOT LISTED FOR SALE

501 Niles St Unit 503 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $698,000 - $904,000

-- Bed
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $730,000

Est. 9% increase in value since last sale

Current estimated payment $5,188/month

14 Days on Market

About This Home

As of March 2022

This home is located at 501 Niles St Unit 503, Elizabeth, NJ 07202 since 30 November 2021 and is currently estimated at $795,903. 501 Niles St Unit 503 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Last Agent to Sell the Property

Elias Christodoulakis

PROMINENT PROPERTIES SIR Brokerage Phone: 908-233-5555 Listed on: 11/30/2021

PROMINENT PROPERTIES SIR

Last Buyer's Agent

KELLY ROBINSON

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,804

Lot Details

  • 5,663 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,804

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5118045
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 55X100
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 28, 2022
Sold by
Vella and Maria
Bought by
Forrester Shawn and James-Forrester Lesley-Ann
Seller's Agent
Elias Christodoulakis
PROMINENT PROPERTIES SIR
Buyer's Agent
KELLY ROBINSON
SIGNATURE REALTY NJ
List Price
$699,900
Sold Price
$730,000
Premium/Discount to List
$30,100
4.3%
Current Estimated Value
$795,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,903
Avg. Annual Appreciation
2.33%
Original Mortgage
$716,777
Outstanding Balance
$667,942
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$127,961

Purchase Details

Closed on
Feb 9, 2006
Sold by
Vella Carmine
Bought by
Vella Carmine and Vella Maria

Purchase Details

Closed on
Jul 10, 2002
Sold by
Crincoli Rocco T
Bought by
Vella Carmine and Vella Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.73%
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
Forrester Shawn $730,000 Trident Abstract Title
Forrester Shawn $730,000 Trident Abstract Title
Vella Carmine -- --
Vella Carmine $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrester Shawn $716,777
Closed Forrester Shawn $716,777
Previous Owner Vella Carmine $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $730,000 +4.3% --
12/14/2021 12/14/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $699,900 -- --
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 $11,804 $613,500 $197,500 $416,000
2024 $16,092 $613,500 $197,500 $416,000
2023 $16,092 $51,200 $12,100 $39,100
2022 $14,372 $47,000 $12,100 $34,900
2021 $14,076 $47,000 $12,100 $34,900
2020 $13,757 $47,000 $12,100 $34,900
2019 $13,547 $47,000 $12,100 $34,900
2018 $13,415 $47,000 $12,100 $34,900
2017 $13,041 $47,000 $12,100 $34,900
2016 $13,042 $47,000 $12,100 $34,900
2015 $13,337 $51,100 $12,100 $39,000
2014 $12,936 $51,100 $12,100 $39,000
Source: Public Records

Agents Affiliated with this Home

  • Elias Christodoulakis

    Seller's Agent in 2022

    Elias Christodoulakis

    PROMINENT PROPERTIES SIR

    (908) 906-1703

    3 in this area

    81 Total Sales

    Elias Christodoulakis
    Section Image

  • K

    Buyer's Agent in 2022

    KELLY ROBINSON

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3753942

Garden State MLS

APN: 04-00007-0000-00967

New Jersey Union County Elizabeth 07202 Peters

501 Niles St Unit 503, Elizabeth, NJ

Not Listed for Sale

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