NOT LISTED FOR SALE

506 Monroe Ave Unit 508 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $809,000 - $902,000

-- Bed
-- Bath
3,186 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 506 Monroe Ave Unit 508, Elizabeth, NJ 07201 and is currently estimated at $869,655, approximately $272 per square foot. 506 Monroe Ave Unit 508 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2010
Sold by
G & R Asset Management
Bought by
Ruiz Francisco
Current Estimated Value
$879,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,477
Interest Rate
4.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2009
Sold by
Puig Juan
Bought by
G & R Asset Management Llc

Purchase Details

Closed on
Mar 15, 2007
Sold by
Machado Yoel and Machado Yanexi
Bought by
Puig Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.33%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ruiz Francisco $332,500 Crystal Title Agency Llc
G & R Asset Management Llc $180,000 None Available
Puig Juan $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Francisco $92,627
Previous Owner Ruiz Francisco $326,477
Previous Owner G & R Asset Management Llc $228,800
Previous Owner Puig Juan $116,000
Previous Owner Puig Juan $464,000
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
2024 $15,904 $722,000 $181,000 $541,000
2023 $15,904 $50,600 $9,700 $40,900
2022 $15,473 $50,600 $9,700 $40,900
2021 $15,154 $50,600 $9,700 $40,900
2020 $14,811 $50,600 $9,700 $40,900
2019 $14,585 $50,600 $9,700 $40,900
2018 $14,443 $50,600 $9,700 $40,900
2017 $14,040 $50,600 $9,700 $40,900
2016 $14,041 $50,600 $9,700 $40,900
2015 $13,206 $50,600 $9,700 $40,900
2014 $12,810 $50,600 $9,700 $40,900
Source: Public Records

Map

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

506 Monroe Ave Unit 508, Elizabeth, NJ

This home is located at 506 Monroe Ave Unit 508, Elizabeth, NJ 07201 and is currently estimated at $869,655, approximately $272 per square foot. 506 Monroe Ave Unit 508 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

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