NOT LISTED FOR SALE

520 Madison Ave Unit 2 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $614,000 - $825,000

-- Bed
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $550,000

Est. 33% increase in value since last sale

Current estimated payment $4,982/month

21 Days on Market

About This Home

As of September 2021

This home is located at 520 Madison Ave Unit 2, Elizabeth, NJ 07201 since 11 June 2021 and is currently estimated at $732,701. 520 Madison Ave Unit 2 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Last Agent to Sell the Property

CARLOS CAMPOS

TOP CHOICE REALTY NETWORK Brokerage Phone: 908-353-8277 Listed on: 06/11/2021

Last Buyer's Agent

Lidia Lourenco

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,975

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,975

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 520
  • I D: 5079551
  • Modified: 2022-09-10
  • Number Images: 1
  • Attribution Contact: 908-353-8277
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X145
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 24, 2021
Sold by
Arcos Developers Llc
Bought by
Sanchez Paulino Manuel A and Flores De Garcia
Seller's Agent
CARLOS CAMPOS
TOP CHOICE REALTY NETWORK
Buyer's Agent
Lidia Lourenco
COLDWELL BANKER REALTY
List Price
$469,900
Sold Price
$550,000
Premium/Discount to List
$80,100
17.05%
Current Estimated Value
$732,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,701
Avg. Annual Appreciation
7.81%
Original Mortgage
$440,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2021
Sold by
Bastos Joaquim
Bought by
Arcos Developers Llc

Purchase Details

Closed on
Mar 26, 2010
Sold by
Bastos Maria Paula
Bought by
Bastos Joaquin M and Bastos Maria
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
Sanchez Paulino Manuel A $550,000 Fidelity National Title
Arcos Developers Llc $340,000 Foundation Title Llc
Bastos Joaquin M -- None Available
Bastos Joaquin M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Paulino Manuel A $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $550,000 +17.0% --
07/02/2021 07/02/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $469,900 -- --
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 $11,975 $587,100 $226,200 $360,900
2023 $11,975 $38,100 $12,400 $25,700
2022 $11,651 $38,100 $12,400 $25,700
2021 $11,410 $38,100 $12,400 $25,700
2020 $11,152 $38,100 $12,400 $25,700
2019 $10,982 $38,100 $12,400 $25,700
2018 $10,875 $38,100 $12,400 $25,700
2017 $10,572 $38,100 $12,400 $25,700
2016 $10,572 $38,100 $12,400 $25,700
2015 $9,694 $38,100 $12,400 $25,700
2014 $9,395 $38,100 $12,400 $25,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CARLOS CAMPOS

    TOP CHOICE REALTY NETWORK

  • Lidia Lourenco

    Buyer's Agent in 2021

    Lidia Lourenco

    COLDWELL BANKER REALTY

    (908) 688-3000

    1 in this area

    3 Total Sales

    Lidia Lourenco
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3719478

Garden State MLS

APN: 04-00012-0000-00621

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

520 Madison Ave Unit 2, Elizabeth, NJ

This home is located at 520 Madison Ave Unit 2, Elizabeth, NJ 07201 since 11 June 2021 and is currently estimated at $732,701. 520 Madison Ave Unit 2 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 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