NOT LISTED FOR SALE

507 1st Ave Unit 2 Elizabethport, NJ 07206

Peters Neighborhood

Estimated Value: $505,000 - $534,000

-- Bed
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 10, 2021

Last sale price $336,300

Est. 55% increase in value since last sale

Current estimated payment $3,707/month

157 Days on Market

About This Home

As of August 2021

This home is located at 507 1st Ave Unit 2, Elizabethport, NJ 07206 since 10 November 2020 and is currently estimated at $519,933. 507 1st Ave Unit 2 is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.

Last Agent to Sell the Property

JILL GUZMAN

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 11/10/2020

Last Buyer's Agent

NANCY MEJIA

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,560

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,560

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 507
  • I D: 5030932
  • Modified: 2022-08-11
  • Number Images: 1
  • Attribution Contact: 908-353-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X107
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jul 31, 2021
Sold by
Portal Jorge and Portal Ambar
Bought by
Dgsi Properties Llc
Seller's Agent
JILL GUZMAN
JILL GUZMAN REALTY
Buyer's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
List Price
$389,900
Sold Price
$336,300
Premium/Discount to List
-$53,600
-13.75%
Current Estimated Value
$519,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,633
Avg. Annual Appreciation
9.80%
Original Mortgage
$252,225
Outstanding Balance
$231,811
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$260,288

Purchase Details

Closed on
May 26, 1989
Bought by
Portal Jorge and Portal Ambar
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dgsi Properties Llc $336,300 None Available
Portal Jorge $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dose Properties Llc $252,225
Closed Dgsi Properties Llc $252,225
Previous Owner Portal Jorge J $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $336,300 -3.9% --
04/16/2021 04/16/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $349,900 -10.3% --
11/10/2020 11/10/20 For Sale $389,900 -- --
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
2024 $10,560 $312,100 $140,000 $172,100
2023 $10,560 $33,600 $6,800 $26,800
2022 $10,275 $33,600 $6,800 $26,800
2021 $10,063 $33,600 $6,800 $26,800
2020 $9,835 $33,600 $6,800 $26,800
2019 $9,685 $33,600 $6,800 $26,800
2018 $9,590 $33,600 $6,800 $26,800
2017 $9,323 $33,600 $6,800 $26,800
2016 $9,324 $33,600 $6,800 $26,800
2015 $8,769 $33,600 $6,800 $26,800
2014 $8,506 $33,600 $6,800 $26,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JILL GUZMAN

    JILL GUZMAN REALTY

  • N

    Buyer's Agent in 2021

    NANCY MEJIA

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3677707

Garden State MLS

APN: 04-00005-0000-00551

New Jersey Union County Elizabethport 07202 Peters

507 1st Ave Unit 2, Elizabethport, NJ

This home is located at 507 1st Ave Unit 2, Elizabethport, NJ 07206 since 10 November 2020 and is currently estimated at $519,933. 507 1st Ave Unit 2 is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes