NOT LISTED FOR SALE

507 New York Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $505,463 - $798,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 29, 2018

Last sale price $430,000

Est. 55% increase in value since last sale

Current estimated payment $4,194/month

17 Days on Market

About This Home

As of January 2018

This home is located at 507 New York Ave, Elizabeth, NJ 07202 since 21 November 2017 and is currently estimated at $668,366. 507 New York Ave is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

Last Agent to Sell the Property

MICHAEL RINCON

RE/MAX IN ACTION Brokerage Phone: 908-558-2727 Listed on: 11/21/2017

Last Buyer's Agent

Luis Calvache

COLDWELL BANKER LIBERTY

COLDWELL BANKER LIBERTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,965

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,965

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4761538
  • Attribution Contact: 908-558-2727
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 32X110
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Walls Mc Cartha Linda
Bought by
Walls Mccartha Linda and Laramora Azalea
Current Estimated Value
$668,366

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jan 29, 2018
Sold by
Rincon Michael
Bought by
Walls Mccartha Linda
Seller's Agent
MICHAEL RINCON
RE/MAX IN ACTION
Buyer's Agent
Luis Calvache
COLDWELL BANKER LIBERTY
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$422,211
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2016
Sold by
Union County Sheriff
Bought by
Rincon Michael

Purchase Details

Closed on
Jun 12, 2001
Sold by
Desouza Manuel F and Desouza Rosa
Bought by
Diniz Jose P and Diniz Dorinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,450
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Walls Mccartha Linda $204,321 None Available
Walls Mccartha Linda $430,000 Fidelity Natl Title Ins Co
Walls Mccartha Linda $430,000 Fidelity National Title
Rincon Michael $174,000 --
Diniz Jose P $251,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walls Mccartha Linda $422,211
Previous Owner Diniz Jose P $238,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $430,000 -4.4% --
12/08/2017 12/08/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $449,900 -- --
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
2025 $7,965 $414,000 $169,500 $244,500
2024 $9,900 $414,000 $169,500 $244,500
2023 $9,900 $31,500 $8,100 $23,400
2022 $9,632 $31,500 $8,100 $23,400
2021 $9,434 $31,500 $8,100 $23,400
2020 $9,220 $31,500 $8,100 $23,400
2019 $9,080 $31,500 $8,100 $23,400
2018 $8,991 $31,500 $8,100 $23,400
2017 $8,740 $31,500 $8,100 $23,400
2016 $8,741 $31,500 $8,100 $23,400
2015 $8,221 $31,500 $8,100 $23,400
2014 $7,975 $31,500 $8,100 $23,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MICHAEL RINCON

    RE/MAX

  • L

    Buyer's Agent in 2018

    Luis Calvache

    COLDWELL BANKER LIBERTY

    (908) 419-2406

    4 in this area

    62 Total Sales

    Luis Calvache
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Map

Source: Garden State MLS

MLS Number: 3432208

Garden State MLS

APN: 04-00006-0000-00755

New Jersey Union County Elizabeth 07202 Bayway

507 New York Ave, Elizabeth, NJ

Not Listed for Sale

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