$607,000
SOLD NOV 7, 2024

524 1st Ave Elizabethport, NJ 07206

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

Recently Sold

3% Above List Price

48 Days on Market

About This Home

As of November 2024

This home is located at 524 1st Ave, Elizabethport, NJ 07206 and is currently priced at $607,000. This property was built in 1890. 524 1st Ave 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

Isaac Guillen

THE ARENDEL GROUP LLC Brokerage Phone: 908-329-2672 Listed on: 08/28/2024

Last Buyer's Agent

Alejandra Jarrin

SIGNATURE REALTY NJ

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,235

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,235

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Union
  • Street Number Display: 524
  • I D: 5309806
  • Modified: 2024-11-14
  • Number Images: 35
  • Attribution Contact: 908-329-2672
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X104
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 6, 2024
Sold by
Trencone Mario J
Bought by
Grace Property Investments Llc
Seller's Agent
Isaac Guillen
THE ARENDEL GROUP LLC
Buyer's Agent
Alejandra Jarrin
SIGNATURE REALTY NJ
List Price
$590,000
Sold Price
$607,000
Premium/Discount to List
$17,000
2.88%
Views
11
Current Estimated Value
$641,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,530
Avg. Annual Appreciation
4.50%
Original Mortgage
$424,900
Outstanding Balance
$422,890
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$205,310

Purchase Details

Closed on
Mar 31, 2016
Sold by
Ventures Olive Tree
Bought by
Trencone Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,600
Interest Rate
3.71%

Purchase Details

Closed on
Jan 15, 2015
Sold by
Granzotto Laercio and Granzotto Maria
Bought by
Olive Tree Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2010
Sold by
Sousa Marcia
Bought by
Granzotto Laercio and Granzotto Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2008
Sold by
Brown Thomas J
Bought by
Sousa Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.2%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Bargain Sale Deed $607,000 Chicago Title
Deed -- --
Bargain Sale Deed $127,000 Agent For Chicago Title Ins
Deed $365,000 None Available
Bargain Sale Deed $260,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,900 New Conventional
Previous Owner $234,600 No Value Available
Previous Owner -- No Value Available
Previous Owner $234,600 New Conventional
Previous Owner $134,000 Construction
Previous Owner $358,727 FHA
Previous Owner $358,388 FHA
Previous Owner $247,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $607,000 +2.9% --
10/18/2024 10/18/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $590,000 -- --
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 $8,235 $474,700 $137,300 $337,400
2023 $8,235 $26,200 $6,700 $19,500
2022 $8,012 $26,200 $6,700 $19,500
2021 $7,846 $26,200 $6,700 $19,500
2020 $7,669 $26,200 $6,700 $19,500
2019 $7,552 $26,200 $6,700 $19,500
2018 $7,478 $26,200 $6,700 $19,500
2017 $7,270 $26,200 $6,700 $19,500
2016 $7,270 $26,200 $6,700 $19,500
2015 $6,838 $26,200 $6,700 $19,500
2014 $6,633 $26,200 $6,700 $19,500
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Isaac Guillen

    THE ARENDEL GROUP LLC

    (908) 612-2522

    2 in this area

    21 Total Sales

    Section Image
  • Alejandra Jarrin

    Buyer's Agent in 2024

    Alejandra Jarrin

    SIGNATURE REALTY NJ

    (908) 403-9415

    2 in this area

    47 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3921255

Garden State MLS

APN: 04-00005-0000-00510

New Jersey Union County Elizabethport 07202 Peters

524 1st Ave, Elizabethport, NJ

This home is located at 524 1st Ave, Elizabethport, NJ 07206 and is currently priced at $607,000. This property was built in 1890. 524 1st Ave 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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