NOT LISTED FOR SALE

503 Erico Ave Unit 505 Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $714,000 - $807,000

-- Bed
-- Bath
3,720 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 503 Erico Ave Unit 505, Elizabeth, NJ 07202 and is currently estimated at $760,333, approximately $204 per square foot. 503 Erico Ave Unit 505 is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Oliveira Antonio M and Almeida Maria A
Bought by
Almeida Jorge
Current Estimated Value
$760,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$203,384
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$556,949

Purchase Details

Closed on
Mar 15, 1993
Bought by
Oliveira Antonio M-Almeida Maria A
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.

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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.

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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
Almeida Jorge $290,000 Ats Title
Oliveira Antonio M-Almeida Maria A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almeida Jorge $217,500
Source: Public Records

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 $12,681 $659,100 $168,600 $490,500
2024 $14,489 $659,100 $168,600 $490,500
2023 $14,097 $46,100 $8,800 $37,300
2022 $14,097 $46,100 $8,800 $37,300
2021 $13,806 $46,100 $8,800 $37,300
2020 $13,494 $46,100 $8,800 $37,300
2019 $13,288 $46,100 $8,800 $37,300
2018 $13,158 $46,100 $8,800 $37,300
2017 $12,791 $46,100 $8,800 $37,300
2016 $12,792 $46,100 $8,800 $37,300
2015 $12,032 $46,100 $8,800 $37,300
2014 $11,671 $46,100 $8,800 $37,300
Source: Public Records

Map

New Jersey Union County Elizabeth 07202 Bayway

503 Erico Ave Unit 505, Elizabeth, NJ

Not Listed for Sale

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