NOT LISTED FOR SALE

505 Linden Ave Unit 507 Elizabeth, NJ 07202

Elmora Neighborhood

Estimated Value: $867,089 - $1,123,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $610,000

Est. 56% increase in value since last sale

Current estimated payment $6,638/month

152 Days on Market

About This Home

As of October 2021

This home is located at 505 Linden Ave Unit 507, Elizabeth, NJ 07202 since 18 March 2021 and is currently estimated at $949,772. This property was built in 1911. 505 Linden Ave Unit 507 is a home located in Union County with nearby schools including Number 14, Abraham Lincoln Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

RICHARD M. HOPEN

COMPASS NEW JERSEY, LLC Brokerage Phone: 609-216-7035 Listed on: 03/18/2021

Last Buyer's Agent

RASHA SAID

AMERICA'S ELITE GROUP LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,041

Year Built

  • Built in 1911

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,041

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Union
  • Street Number Display: 505
  • I D: 5055571
  • Modified: 2022-10-21
  • Number Images: 0
  • Attribution Contact: 609-216-7035
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X152
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Oct 18, 2021
Sold by
Deahl Roy and Deahl Nina
Bought by
Sadek Margrit
Seller's Agent
RICHARD M. HOPEN
COMPASS NEW JERSEY, LLC
Buyer's Agent
RASHA SAID
AMERICA'S ELITE GROUP LLC.
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%
Current Estimated Value
$949,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,772
Avg. Annual Appreciation
10.47%
Original Mortgage
$518,500
Outstanding Balance
$478,937
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$417,888

Purchase Details

Closed on
May 26, 2004
Sold by
Palmisano Vito
Bought by
Deahl Roy and Deahl Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

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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
Sadek Margrit $610,000 Mega Title Llc
Deahl Roy $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadek Margrit $518,500
Previous Owner Deahl Roy $114,799
Previous Owner Deahl Roy $422,262
Previous Owner Deahl Roy $40,000
Previous Owner Deahi Roy $226,000
Previous Owner Deahl Roy $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $610,000 +3.6% --
08/25/2021 08/25/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $589,000 0.0% --
08/07/2021 08/07/21 For Sale $589,000 -3.4% --
05/18/2021 05/18/21 Off Market $610,000 -- --
04/20/2021 04/20/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $539,000 -- --
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
2024 $18,041 $728,800 $239,900 $488,900
2023 $18,041 $57,400 $12,600 $44,800
2022 $17,552 $57,400 $12,600 $44,800
2021 $17,190 $57,400 $12,600 $44,800
2020 $16,802 $57,400 $12,600 $44,800
2019 $16,545 $57,400 $12,600 $44,800
2018 $16,384 $57,400 $12,600 $44,800
2017 $15,927 $57,400 $12,600 $44,800
2016 $15,928 $57,400 $12,600 $44,800
2015 $14,981 $57,400 $12,600 $44,800
2014 $14,531 $57,400 $12,600 $44,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RICHARD M. HOPEN

    COMPASS NEW JERSEY, LLC

  • R

    Buyer's Agent in 2021

    RASHA SAID

    AMERICA'S ELITE GROUP LLC.

    (551) 689-6654

    1 in this area

    32 Total Sales

    RASHA SAID
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3698820

Garden State MLS

APN: 04-00013-0000-00736

New Jersey Union County Elizabeth 07202 Elmora

505 Linden Ave Unit 507, Elizabeth, NJ

This home is located at 505 Linden Ave Unit 507, Elizabeth, NJ 07202 since 18 March 2021 and is currently estimated at $949,772. This property was built in 1911. 505 Linden Ave Unit 507 is a home located in Union County with nearby schools including Number 14, Abraham Lincoln Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

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