NOT LISTED FOR SALE

531-533 Broadway Elizabeth, NJ 07206

Elizabethport Neighborhood

Estimated Value: $862,681

-- Bed
4 Baths
3,900 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $550,000 $141 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,783/month

63 Days on Market

About This Home

As of May 2020

This home is located at 531-533 Broadway, Elizabeth, NJ 07206 since 06 January 2020 and is currently estimated at $862,681, approximately $221 per square foot. This property was built in 2020. 531-533 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

CARLOS ALEX JESUS

EXIT GOLDEN REALTY GROUP LLC Brokerage Phone: 201-997-4425 Listed on: 01/06/2020

Co-Listed By

OSCAR MARTINS

EXIT GOLDEN REALTY GROUP LLC Brokerage Phone: 201-997-4425

Last Buyer's Agent

JANQNIC SEXIUS-ADAELU

ERA REED REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2020

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Year Built: 2020
  • County Name: Union
  • I D: 4953177
  • Attribution Contact: 201-997-4425
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30x100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2020
Sold by
Edward Keran
Bought by
Edward Keran and Edward Joseph Minelva
Current Estimated Value
$862,681

Purchase Details

Listed on
Jan 6, 2020
Closed on
May 26, 2020
Sold by
Dreamworks Builders Llc
Bought by
Edward Keran
Seller's Agent
CARLOS ALEX JESUS
EXIT GOLDEN REALTY GROUP LLC
Buyer's Agent
JANQNIC SEXIUS-ADAELU
ERA REED REALTY, INC
List Price
$5,525,000
Sold Price
$550,000
Premium/Discount to List
-$4,975,000
-90.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$540,038
Outstanding Balance
$479,595
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$383,086

Purchase Details

Closed on
Oct 4, 2018
Sold by
Crown Real Estate Holding Inc
Bought by
Dreamworks Building Llc

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
Broadway Partners Developments Llc
Bought by
Crown Real Estate Holdings Inc

Purchase Details

Closed on
Dec 19, 2005
Sold by
Katz Joel
Bought by
Leff Reid Realty Management Ll

Purchase Details

Closed on
Jan 14, 1998
Sold by
Katz Harold
Bought by
Katz Joel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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

Date Buyer Sale Price Title Company
Edward Keran -- None Available
Edward Keran $550,000 State Title Services Llc
Dreamworks Building Llc $800,000 Fidelity Nat Title Ins Co
Crown Real Estate Holdings Inc $301,000 Old Republic Natl Title Ins
Leff Reid Realty Management Ll -- --
Katz Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward Keran $540,038
Previous Owner Dreamworks Building Llc $1,150,000
Closed Leff Reid Realty Management Ll $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2020 05/26/20 Sold $550,000 0.0% $141 / Sq Ft
04/20/2020 04/20/20 Sold $550,000 -90.0% $141 / Sq Ft View Prior Sale
03/09/2020 03/09/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $5,525,000 +904.5% $1,417 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $550,000 -- $141 / Sq Ft
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
2025 $2,829 $155,000 $155,000 $541,200
2024 $2,829 $155,000 $155,000 $541,200
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 $3,689 $12,800 $12,800 $0
2018 $3,654 $12,800 $12,800 $0
2017 $3,552 $12,800 $12,800 $0
2016 $3,552 $12,800 $12,800 $0
2015 $3,341 $12,800 $12,800 $0
2014 -- $12,800 $12,800 $0
Source: Public Records

Agents Affiliated with this Home

  • 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

  • J

    Buyer's Agent in 2020

    JANQNIC SEXIUS-ADAELU

    ERA REED REALTY, INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3607988

Garden State MLS

APN: 04-00003-0000-00058

New Jersey Union County Elizabeth 07206 Elizabethport

531-533 Broadway, Elizabeth, NJ

Not Listed for Sale

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