NOT LISTED FOR SALE

520 Spencer St Unit 522 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $503,865 - $731,000

4 Beds
2 Baths
1,900 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $615,000 $324 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,613/month

28 Days on Market

Highlights

  • 1 Car Detached Garage
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Elizabeth High School Rated A
  • Fireplace

About This Home

As of March 2024

Welcome to Your Dream Two-Family home nestled in a prime location at the end of a cul-de-sac. Complete with four bedrooms, two bathrooms, and just about 1900sqft, this home has ample space for everyone. As you approach, the curb appeal is immediately apparent with brand-new siding that enhances the exterior's aesthetic appeal. The home has undergone recent upgrades, including the foundation, gutters, shutters, and much more, making this one of the best-looking Homes on the block. Each unit has 2 beds and 1 bath - The downstairs unit is accompanied by a partially finished basement and a detached garage. You will love your private and spacious yard, perfect for outdoor gatherings, gardening, or relaxing. What truly sets this multi-family home apart is its unbeatable location. Conveniently situated in a sought-after neighborhood, you'll find yourself in close proximity to schools, parks, shopping, and dining options, making everyday living a breeze. Don't miss the opportunity to make this beautifully updated multi-family home yours.

Last Agent to Sell the Property

Isaac Nussbaum

Keller Williams Shore Properties Brokerage Email: yitzi@thenussbaumteam.com Listed on: 12/21/2023

Co-Listed By

Michael Greenberg

Keller Williams Shore Properties Brokerage Email: yitzi@thenussbaumteam.com

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,000

Lot Details

  • Cul-De-Sac

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 3-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Washer, Dryer, Personal Property
  • Assessor Parcel Number 04-00528-0000-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: yitzi@thenussbaumteam.com
  • ResoLotFeatures: Cul-De-Sac
  • Co List Office Mls Id: 3892
  • Co List Office Phone: 732-341-2227
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Heating Oil Above Ground: Yes
  • Lot Description Cul-De-Sac: Yes
  • Water Heater Oil: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Washer, Dryer, Personal Property
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street, On Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 04-00528-0000-00023
  • Zoning Description: Single Family, Residential, Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 14000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 28, 2024
Sold by
Kornmeyer Linda A
Bought by
Peguero Elvis Pena and Pena Elviana
Seller's Agent
Isaac Nussbaum
Keller Williams Shore Properties
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Views
78
Current Estimated Value
$619,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,966
Avg. Annual Appreciation
1.43%
Original Mortgage
$553,500
Outstanding Balance
$544,829
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$83,245

Purchase Details

Closed on
Oct 28, 2022
Sold by
Kornmeyer Ninetta N
Bought by
Kornmeyer Linda A
Source: Public Records

Range of Values:

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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
Peguero Elvis Pena $615,000 Hometown Title
Peguero Elvis Pena $615,000 Hometown Title
Kornmeyer Linda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peguero Elvis Pena $553,500
Closed Peguero Elvis Pena $553,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $615,000 -3.1% $324 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $635,000 -2.2% $334 / Sq Ft
12/21/2023 12/21/23 For Sale $649,000 -- $342 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,898 $431,200 $190,000 $241,200
2023 $14,898 $47,400 $11,000 $36,400
2022 $14,494 $47,400 $11,000 $36,400
2021 $14,195 $47,400 $11,000 $36,400
2020 $13,874 $47,400 $11,000 $36,400
2019 $13,663 $47,400 $11,000 $36,400
2018 $13,529 $47,400 $11,000 $36,400
2017 $13,152 $47,400 $11,000 $36,400
2016 $13,153 $47,400 $11,000 $36,400
2015 $11,871 $47,400 $11,000 $36,400
2014 -- $47,400 $11,000 $36,400
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Isaac Nussbaum

    Keller Williams Shore Properties

  • M

    Seller Co-Listing Agent in 2024

    Michael Greenberg

    Keller Williams Shore Properties

  • N

    Buyer's Agent in 2024

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22334231

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00005-0000-01307

New Jersey Union County Elizabeth 07202 Peters

520 Spencer St Unit 522, Elizabeth, NJ

This home is located at 520 Spencer St Unit 522, Elizabeth, NJ 07202 since 21 December 2023 and is currently estimated at $619,966, approximately $326 per square foot. 520 Spencer St Unit 522 is a home located in Union County with nearby schools including Number 15, Christopher Columbus 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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