NOT LISTED FOR SALE

524 Jackson Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $605,894 - $736,000

Studio
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: February 28, 2020

Last sale price $402,000

Est. 62% increase in value since last sale

Current estimated payment $4,246 / mo

2 Days on Market

About This Home

As of February 2020

This home is located at 524 Jackson Ave, Elizabeth, NJ 07201 since 16 October 2019 and is currently estimated at $658,224. 524 Jackson Ave 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

ANA GRAVETO

SIGNATURE REALTY NJ Brokerage Phone: 908-444-4066 Listed on: 10/16/2019

Last Buyer's Agent

MARTHA CORNELIO-MARTINEZ

UNITED REAL ESTATE

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,920 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4938644
  • Attribution Contact: 908-444-4066
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X121
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 28, 2020
Sold by
Mj Dream Properties
Bought by
Contreras Delmi and Contreras Yarilyn
Seller's Agent
ANA GRAVETO
SIGNATURE REALTY NJ
Buyer's Agent
MARTHA CORNELIO-MARTINEZ
UNITED REAL ESTATE
List Price
$389,000
Sold Price
$402,000
Premium/Discount to List
$13,000
3.34%
Current Estimated Value
$652,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,549
Avg. Annual Appreciation
8.42%
Original Mortgage
$407,483
Outstanding Balance
$361,701
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$296,523

Purchase Details

Closed on
Dec 17, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Mj Dream Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2018
Sold by
Pierri Joseph Bousset and Jp Morgan Chase Bank
Bought by
Deutsche Bank Trust Comapny Americas

Purchase Details

Closed on
Apr 1, 2003
Sold by
Hud
Bought by
Pierre Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,664
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1998
Sold by
Maletos Construction Inc
Bought by
Maletos Efstathios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,892
Interest Rate
6.64%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 1996
Sold by
Jackson Mattie Lois and Singley Jeffrey Lyn
Bought by
Maletos Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Contreras Delmi $415,000 None Available
Mj Dream Properties $210,000 Foundation Title Llc
Deutsche Bank Trust Comapny Americas $1,000 None Available
Pierre Joseph $190,502 --
Maletos Efstathios $130,000 --
Maletos Construction Inc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Delmi $407,483
Previous Owner Mj Dream Properties $244,000
Previous Owner Pierre Joseph $183,664
Previous Owner Maletos Efstathios $126,892
Previous Owner Maletos Construction Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $402,000 +3.3% --
10/18/2019 10/18/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $389,000 +85.2% --
03/04/2019 03/04/19 Sold $210,000 +5.5% -- View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $199,000 -- --
Source: Garden State MLS

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 $9,154 $475,800 $193,900 $281,900
2024 $11,221 $475,800 $193,900 $281,900
2023 $11,221 $35,700 $8,500 $27,200
2022 $10,917 $35,700 $8,500 $27,200
2021 $10,691 $35,700 $8,500 $27,200
2020 $8,342 $28,500 $8,500 $20,000
2019 $8,215 $28,500 $8,500 $20,000
2018 $8,135 $28,500 $8,500 $20,000
2017 $7,908 $28,500 $8,500 $20,000
2016 $7,908 $28,500 $8,500 $20,000
2015 $7,438 $28,500 $8,500 $20,000
2014 $7,215 $28,500 $8,500 $20,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    ANA GRAVETO

    SIGNATURE REALTY NJ

  • M

    Buyer's Agent in 2020

    MARTHA CORNELIO-MARTINEZ

    UNITED REAL ESTATE

  • A

    Seller's Agent in 2019

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    37 Total Sales

    Adeel Salam
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Map

Source: Garden State MLS

MLS Number: 3595099

Garden State MLS

APN: 04-00008-0000-00836

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

524 Jackson Ave, Elizabeth, NJ

Not Listed for Sale

MultiFamily

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