NOT LISTED FOR SALE

518 Franklin St Elizabethport, NJ 07206

Elizabethport Neighborhood

Estimated Value: $409,257 - $588,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $260,000

Est. 93% increase in value since last sale

Current estimated payment $3,304/month

12 Days on Market

About This Home

As of August 2020

This home is located at 518 Franklin St, Elizabethport, NJ 07206 since 30 January 2020 and is currently estimated at $501,064. This property was built in 1900. 518 Franklin St 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

MORGAN COUTO

NENO-ROSA AGENCY Brokerage Phone: 201-997-7860 Listed on: 01/30/2020

Last Buyer's Agent

Adeel Salam

FOUR POINT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,135

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,135

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • Street Number Display: 518
  • I D: 4959192
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-997-7860
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Aug 17, 2020
Sold by
Adler Barr Investment Fund Lp
Bought by
Armed Syed T
Seller's Agent
MORGAN COUTO
NENO-ROSA AGENCY
Buyer's Agent
Adeel Salam
FOUR POINT REALTY, LLC
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%
Current Estimated Value
$501,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,064
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Olivia Realty Llc
Bought by
Adler Barr Investments Fund Lp

Purchase Details

Listed on
May 18, 2012
Closed on
May 17, 2012
Sold by
Molina Alejandro and Molina Blanca J
Bought by
Olivia Realty Llc
Seller's Agent
Bernadeta Godek
NJ SOLUTIONS REALTY
Sold Price
$103,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
May 25, 2004
Sold by
Morales Edwin
Bought by
Molina Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 26, 2002
Sold by
Cortizo Oscar
Bought by
Morales Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.14%

Purchase Details

Closed on
May 15, 2001
Sold by
Reyes Mauricio and Reyes Eufemia
Bought by
Cortizo Oscar L and Cortizo Elfriede
Source: Public Records

Range of Values:

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
Armed Syed T $260,000 Stewart Title
Adler Barr Investments Fund Lp -- None Available
Olivia Realty Llc $103,000 First American Title Insuran
Molina Alejandro $280,000 --
Morales Edwin $90,000 --
Cortizo Oscar L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molina Alejandro $224,000
Previous Owner Morales Edwin $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $260,000 -7.1% --
02/11/2020 02/11/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $280,000 +171.8% --
05/18/2012 05/18/12 Sold $103,000 -- --
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 $7,135 $382,300 $132,800 $249,500
2023 $7,135 $22,700 $6,600 $16,100
2022 $6,941 $22,700 $6,600 $16,100
2021 $6,798 $22,700 $6,600 $16,100
2020 $6,645 $22,700 $6,600 $16,100
2019 $6,543 $22,700 $6,600 $16,100
2018 $6,479 $22,700 $6,600 $16,100
2017 $6,299 $22,700 $6,600 $16,100
2016 $6,299 $22,700 $6,600 $16,100
2015 $5,924 $22,700 $6,600 $16,100
2014 $5,747 $22,700 $6,600 $16,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MORGAN COUTO

    NENO-ROSA AGENCY

  • A

    Buyer's Agent in 2020

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    10 Total Sales

    Adeel Salam
    Section Image
  • Bernadeta Godek

    Seller's Agent in 2012

    Bernadeta Godek

    NJ SOLUTIONS REALTY

    (908) 327-0893

    64 Total Sales

    Bernadeta Godek
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    JANUSZ POGORZELSKI

    C-21 POGO REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3613164

Garden State MLS

APN: 04-00005-0000-00753

New Jersey Union County Elizabethport 07206 Elizabethport

518 Franklin St, Elizabethport, NJ

This home is located at 518 Franklin St, Elizabethport, NJ 07206 since 30 January 2020 and is currently estimated at $501,064. This property was built in 1900. 518 Franklin St is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.

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