NOT LISTED FOR SALE

Estimated Value: $789,755 - $981,000

-- Bed
-- Bath
3,551 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $690,000 $194 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,755/month

66 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Enclosed Patio or Porch
  • Elizabeth High School Rated A
  • 2 Car Detached Garage
  • 2-minute walk to Carteret Park

About This Home

As of July 2022

Best and final offers due by June 3rd at Noon. Amazing Investment Opportunity awaits, in The Elmora Section of Elizabeth. This Commercial/Residential Zoned, Multi Unit Property is just waiting for you. Thriving businesses and diversity surround. Warinanco Park and Sports Center, is just blocks away and Carteret Park, is right across the street. Close to major highways, train station, shopping, schools, playgrounds, colleges and Newark International Airport. Unique 2 family home, with attic and a beautiful finished basement. Formal living room, dining room, eat in kitchen, with bonus porches and sun rooms. Front rear and side entrances, and a quaint rear yard for entertaining. Beautiful hardwood flooring on both levels. Also, a detached 2 car garage and large driveway for plenty of off-street parking. So many options for the savvy investor or multi-generational living. Words cannot describe, this is a MUST SEE!

Last Agent to Sell the Property

ROBERT THEORET

NEW JERSEY REALTY, LLC. Listed on: 05/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,495

Year Built

  • Built in 1917

Lot Details

  • 5,105 Sq Ft Lot
  • Lot Dimensions are 111.00 x 46.00
  • Fenced
  • Interior Lot
  • Irregular Lot
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Slate Roof
  • Asphalt Roof

Interior Spaces

  • 3,551 Sq Ft Home
  • 2-Story Property
  • Carpet

Finished Basement

  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Radiator
  • Furnace
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel water gas), unit 2 owner pays(electric fuel gas)

Community Details

Overview

  • Watson Manor Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,495

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1172
  • Lot Size: 111.00 x 46.00
  • Ownership: Fee Simple
  • Subdivision Name: Watson Manor
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1917
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(Electric,Fuel,Gas)
  • Has Basement: Finished, Bath Full, Bedroom, Daylight, Laundry Facilities
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,1 1/2 Baths,Den/Family Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Den/Family Room)
  • Living Area: 3551
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Interior Lot, Irregular Lot
  • Exterior Features: Patio, Porch(es) - Enclosed, Porch(es) - Open, Fencing/Wall, Yard, Outbuilding(s)
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Enclosed, Porch(es) - Open
  • Roof: Asphalt, Slate

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas, Oil
  • Cooling: Ceiling Fan(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Zoned, Radiators-Hot Water, Separate Furnaces
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5105

Tax Info

  • Tax Annual Amount: 14495
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 29, 2022
Sold by
Correale Annamaria and Correale Jorge
Bought by
Jimenez Michelle and Vargas Christian
Seller's Agent
ROBERT THEORET
NEW JERSEY REALTY, LLC.
List Price
$625,000
Sold Price
$690,000
Premium/Discount to List
$65,000
10.4%
Current Estimated Value
$881,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,710
Avg. Annual Appreciation
5.85%
Original Mortgage
$586,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2021
Sold by
Susy Correale
Bought by
Correale Annamaria

Purchase Details

Closed on
Jul 20, 1988
Bought by
Correale Susy
Source: Public Records

Range of Values:

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Average Value
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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
Jimenez Michelle $690,000 Stewart Title
Jimenez Michelle $690,000 Stewart Title
Correale Annamaria -- Stolz Jared E
Correale Annamaria -- None Listed On Document
Correale Susy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Michelle $586,500
Previous Owner Correale Susy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $690,000 +10.4% $194 / Sq Ft
06/10/2022 06/10/22 Off Market $625,000 -- --
06/09/2022 06/09/22 For Sale $625,000 0.0% $176 / Sq Ft
05/24/2022 05/24/22 For Sale $625,000 -- $176 / Sq Ft
Source: All Jersey 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 $11,861 $616,500 $186,200 $430,300
2024 $15,212 $616,500 $186,200 $430,300
2023 $15,212 $48,400 $11,000 $37,400
2022 $14,800 $48,400 $11,000 $37,400
2021 $14,495 $48,400 $11,000 $37,400
2020 $14,167 $48,400 $11,000 $37,400
2019 $13,951 $48,400 $11,000 $37,400
2018 $13,815 $48,400 $11,000 $37,400
2017 $13,430 $48,400 $11,000 $37,400
2016 $13,431 $48,400 $11,000 $37,400
2015 $12,632 $48,400 $11,000 $37,400
2014 -- $48,400 $11,000 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2214555R

All Jersey MLS

APN: 04-00013-0000-00510