NOT LISTED FOR SALE

525 Broadway Elizabeth, NJ 07206

Elizabethport Neighborhood

Estimated Value: $902,641

Studio
4 Baths
3,900 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $831,000 $213 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,102 / mo

8 Days on Market

About This Home

As of November 2023

This home is located at 525 Broadway, Elizabeth, NJ 07206 since 09 October 2023 and is currently estimated at $902,641, approximately $231 per square foot. This property was built in 2020. 525 Broadway is a home located in Union County with nearby schools including Number 20, John Marshall Elementary School, Elizabeth High School, and The Patrick School.

Last Agent to Sell the Property

JOYCE PROSPER

REALTY OF AMERICA Brokerage Phone: 908-223-5306 Listed on: 10/09/2023

Last Buyer's Agent

Nilmara Borrello

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 2020
  • County Name: Union
  • I D: 5249576
  • Attribution Contact: 908-223-5306
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
JOYCE PROSPER
REALTY OF AMERICA
Buyer's Agent
Nilmara Borrello
RE/MAX NEW MILLENNIUM GROUP
List Price
$775,000
Sold Price
$831,000
Premium/Discount to List
$56,000
7.23%
Views
32
Current Estimated Value
$902,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,641
Avg. Annual Appreciation
3.28%
Original Mortgage
$792,632
Outstanding Balance
$780,117
Interest Rate
7.76%
Mortgage Type
Construction
Estimated Equity
$122,524

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 20, 2020
Sold by
Bought by
Seller's Agent
CARLOS ALEX JESUS
EXIT GOLDEN REALTY GROUP LLC
Buyer's Agent
JOYCE PROSPER
REALTY OF AMERICA
List Price
$540,000
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$517,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$831,000 Chicago Title
$831,000 Chicago Title
$547,500 Atlantic Ttl & Setmnt Svc Ll
$800,000 Fidelity Nat Title Ins Co
$301,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $792,632
Closed $792,632
Previous Owner $517,750
Previous Owner $1,150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $831,000 +7.2% $213 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $775,000 +40.9% $199 / Sq Ft
03/20/2020 03/20/20 Sold $550,000 +1.9% $141 / Sq Ft View Prior Sale
01/30/2020 01/30/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $540,000 -- $138 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,829 $155,000 $155,000 $579,600
2024 $2,829 $155,000 $155,000 $579,600
2023 $2,752 $9,000 $0 $0
2022 $2,752 $9,000 $0 $0
2021 $2,695 $9,000 $0 $0
2020 $2,634 $9,000 $9,000 $0
2019 $2,594 $9,000 $9,000 $0
2018 $2,569 $9,000 $9,000 $0
2017 $2,497 $9,000 $9,000 $0
2016 $2,497 $9,000 $9,000 $0
2015 $2,349 $9,000 $9,000 $0
2014 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOYCE PROSPER

    REALTY OF AMERICA

  • Nilmara Borrello

    Buyer's Agent in 2023

    Nilmara Borrello

    RE/MAX

    (973) 277-9663

    4 in this area

    60 Total Sales

    Nilmara Borrello
    Section Image

  • C

    Seller's Agent in 2020

    CARLOS ALEX JESUS

    EXIT GOLDEN REALTY GROUP LLC

  • O

    Seller Co-Listing Agent in 2020

    OSCAR MARTINS

    EXIT GOLDEN REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3868857

Garden State MLS

APN: 04-00003-0000-00056

New Jersey Union County Elizabeth 07206 Elizabethport

525 Broadway, Elizabeth, NJ

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