NOT LISTED FOR SALE

525 Monroe Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $433,000 - $754,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 13, 2014

Last sale price $159,000

Est. 282% increase in value since last sale

Current estimated payment $4,565/month

About This Home

As of June 2014

This home is located at 525 Monroe Ave, Elizabeth, NJ 07201 since 13 June 2014 and is currently estimated at $606,667. This property was built in 1900. 525 Monroe 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,923

Year Built

  • 1900

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,923

Year Built

1900

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 525
  • I D: 4296109
  • Modified: 2015-06-14
  • Number Images: 0
  • Attribution Contact: 973-996-2795
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Lot Info

  • Lot Size: 34X150
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jun 3, 2014
Sold by
Mimy Hugo and Mimy Mercedes
Bought by
Mentor Rebecca
Sold Price
$159,000
Total Days on Market
0
Current Estimated Value
$606,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,667
Original Mortgage
$156,481
Outstanding Balance
$121,936
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2008
Sold by
Mimy Hugo and Mimy Mercedes
Bought by
Mimy Hugo and Mimy Mercedes

Purchase Details

Closed on
Jul 22, 2005
Sold by
Mimy Mercedes
Bought by
Mimy Hugo and Mimy Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
5.63%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Mimy Hugo and Barthelus Mercedes
Bought by
Mimy Hugo and Barthelus Mercedes

Purchase Details

Closed on
Jan 14, 1994
Sold by
Fereira Jose
Bought by
Mimy Hugo and Barthelus Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.22%
Source: Public Records

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Range of Values:

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Average Value
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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
Mentor Rebecca $159,368 None Available
Mimy Hugo -- Advanced Title Agency
Mimy Hugo -- --
Mimy Hugo $175,100 --
Mimy Hugo $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mentor Rebecca $156,481
Previous Owner Mimy Hugo $370,475
Previous Owner Mimy Hugo $235,200
Previous Owner Mimy Hugo $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $159,000 -- --
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 $13,923 $502,500 $200,100 $302,400
2023 $13,923 $44,300 $9,200 $35,100
2022 $13,547 $44,300 $9,200 $35,100
2021 $13,267 $44,300 $9,200 $35,100
2020 $12,967 $44,300 $9,200 $35,100
2019 $12,769 $44,300 $9,200 $35,100
2018 $12,645 $44,300 $9,200 $35,100
2017 $12,292 $44,300 $9,200 $35,100
2016 $12,293 $44,300 $9,200 $35,100
2015 $11,562 $44,300 $9,200 $35,100
2014 $11,215 $44,300 $9,200 $35,100
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 2999839

Garden State MLS

APN: 04-00012-0000-01122

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

525 Monroe Ave, Elizabeth, NJ

This home is located at 525 Monroe Ave, Elizabeth, NJ 07201 since 13 June 2014 and is currently estimated at $606,667. This property was built in 1900. 525 Monroe 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.

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