NOT LISTED FOR SALE

525 Trotters Ln Unit 1 Elizabeth, NJ 07208

Westminster Neighborhood

Estimated Value: $510,000 - $658,000

-- Bed
2 Baths
2,015 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 525 Trotters Ln Unit 1, Elizabeth, NJ 07208 and is currently estimated at $585,494, approximately $290 per square foot. 525 Trotters Ln Unit 1 is a home located in Union County with nearby schools including Number 23, N.M. Butler Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2025
Sold by
Barnwell Errol
Bought by
Dearaujo Luci P
Current Estimated Value
$585,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$391,651
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$193,843

Purchase Details

Closed on
Apr 20, 2016
Sold by
Leroy Cadogan
Bought by
Barnwell Errol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.58%

Purchase Details

Closed on
May 15, 2000
Sold by
Oconnell Esq Brian M
Bought by
Cadogan Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.14%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Dearaujo Luci P $490,000 Westcor Land Title
Barnwell Errol -- --
Cadogan Leroy $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearaujo Luci P $392,000
Previous Owner Barnwell Errol $289,656
Previous Owner Barnwell Errol --
Previous Owner Cadogan Leroy $124,000
Source: Public Records

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
2025 $9,824 $510,600 $218,500 $292,100
2024 $15,086 $510,600 $218,500 $292,100
2023 $15,086 $48,000 $13,400 $34,600
2022 $14,678 $48,000 $13,400 $34,600
2021 $14,375 $48,000 $13,400 $34,600
2020 $14,050 $48,000 $13,400 $34,600
2019 $13,836 $48,000 $13,400 $34,600
2018 $13,701 $48,000 $13,400 $34,600
2017 $13,319 $48,000 $13,400 $34,600
2016 $13,320 $48,000 $13,400 $34,600
2015 $12,528 $48,000 $13,400 $34,600
2014 -- $48,000 $13,400 $34,600
Source: Public Records

Map

New Jersey Union County Elizabeth 07208 Westminster

525 Trotters Ln Unit 1, Elizabeth, NJ

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