NOT LISTED FOR SALE

506 Grier Ave Unit 508 Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $621,000 - $872,000

6 Beds
3 Baths
-- Sq Ft
8,233 Sq Ft Lot

Last Sold April 16, 2015

Last sale price $250,000

Est. 206% increase in value since last sale

Current estimated payment $5,006/month

155 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Dining Room
  • Elizabeth High School Rated A
  • Central Air

About This Home

As of April 2015

2 Fam ,duplex style , Large lot size, parking for over 6 cars , Some repairs needed. Subject to bank approval , Price and commission subject to bank approval.Buyer will be responsible for C,.O and all Permits.

Last Agent to Sell the Property

Myriam Garces

REALTY ONE GROUP LEGEND License #0896320 Listed on: 09/28/2014

REALTY ONE GROUP LEGEND

Last Buyer's Agent

WILLIAM RAMIREZ

HOME BENEFITS REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,737

Lot Details

  • 8,233

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Legal Lot and Block 00647 / 004
  • Assessor Parcel Number 3058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,737

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Colonial
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 3058
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 6
  • Total Other Rooms: 1
  • Basement: Finished, Full
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1300
  • Second Floor Bedrooms: 3
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1100
  • Fl1 Rooms: 6
  • Fl2 Rooms: 6

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars
  • Annual Water Sewer Expense: 2013

Utilities

  • Heat Expense: 1500
  • Heat Expense Year: 2013
  • Heating/Cooling: A/C Central, Gas, Radiators
  • Hot Water Expense Year: 2013
  • Annual Insurance Expense: 2013

Fee Information

  • Insurance Expense: 1200
  • Water Sewer Expenses: 1200

Lot Info

  • Total Assessed Value: 5300
  • Geo Address Line: 506 Grier Ave
  • Geo Primary City: Elizabeth
  • Geo Quality: 0.95
  • Geo Secondary City: Union Co.
  • Geo Update Timestamp: 04/27/2015
  • Geo Zoom Level: 16
  • Lot: 00647

Tax Info

  • Taxes: 12737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Guerra Antonio
Bought by
Guerra Antonio and Giraldo Martha L
Current Estimated Value
$765,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$189,836
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$576,007

Purchase Details

Listed on
Sep 28, 2014
Closed on
Apr 16, 2015
Sold by
Santamaria Cliver and Santamaria Fanny
Bought by
Guerra Antonio and Giraldo Martha L
Seller's Agent
Myriam Garces
REALTY ONE GROUP LEGEND
Buyer's Agent
WILLIAM RAMIREZ
HOME BENEFITS REALTY LLC
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$245,471
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2006
Sold by
Pohida Louise A
Bought by
Santamaria Cliver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.47%
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
Guerra Antonio -- Chicago Title
Guerra Antonio -- Chicago Title
Guerra Antonio $250,000 Chicago Title Insurance Co
Santamaria Cliver $537,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Antonio $196,000
Previous Owner Guerra Antonio $245,471
Previous Owner Santamaria Cliver $430,000
Previous Owner Pohida Louise A $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $250,000 +4.2% --
03/02/2015 03/02/15 Pending -- -- --
09/28/2014 09/28/14 For Sale $240,000 -- --
Source: Hudson County 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 $11,544 $600,000 $225,200 $374,800
2024 $16,752 $600,000 $225,200 $374,800
2023 $16,752 $53,300 $13,400 $39,900
2022 $16,299 $53,300 $13,400 $39,900
2021 $15,962 $53,300 $13,400 $39,900
2020 $15,601 $53,300 $13,400 $39,900
2019 $15,363 $53,300 $13,400 $39,900
2018 $15,213 $53,300 $13,400 $39,900
2017 $14,789 $53,300 $13,400 $39,900
2016 $14,790 $53,300 $13,400 $39,900
2015 $13,911 $53,300 $13,400 $39,900
2014 $13,493 $53,300 $13,400 $39,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Myriam Garces

    REALTY ONE GROUP LEGEND

    Section Image

  • W

    Buyer's Agent in 2015

    WILLIAM RAMIREZ

    HOME BENEFITS REALTY LLC

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Map

Source: Hudson County MLS

MLS Number: 140013080

Hudson County MLS

APN: 04-00004-0000-00647

New Jersey Union County Elizabeth 07202 Bayway

506 Grier Ave Unit 508, Elizabeth, NJ

This home is located at 506 Grier Ave Unit 508, Elizabeth, NJ 07202 since 28 September 2014 and is currently estimated at $765,843. 506 Grier Ave Unit 508 is a home located in Union County with nearby schools including Elizabeth High School, Sinai Christian Academy, and JVJ STEM Academy - School No. 92.

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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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