NOT LISTED FOR SALE

534 Monroe Ave Unit 2 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $575,000 - $795,000

6 Beds
2 Baths
2,484 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 534 Monroe Ave Unit 2, Elizabeth, NJ 07201 and is currently estimated at $716,923, approximately $288 per square foot. 534 Monroe Ave Unit 2 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Gonzalez Johnny and Gonzalez Blanca
Bought by
Ochoa Cesar and Vargas Narsisa D
Current Estimated Value
$716,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$459,123
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$255,939

Purchase Details

Closed on
Apr 17, 2009
Sold by
Lopez Jorge A and Lopez Maria Navas
Bought by
Gonzalez Johnny and Gonzalez Danisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2007
Sold by
Lopez Marvin
Bought by
Lopez Jorge A and Lopez Maria Navas

Purchase Details

Closed on
Aug 29, 2005
Sold by
Silva Ilca
Bought by
Lopez Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2004
Sold by
Barros Antonio
Bought by
Silva Ilca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,072
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2003
Sold by
Federal Natl Mtg
Bought by
Barros Antonio and Barros Marcia

Purchase Details

Closed on
Oct 18, 2001
Sold by
Oliveira Jose and Oliveira Maria
Bought by
Bergamasco Sonia and Costa Modesto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,900
Interest Rate
6.92%
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
Ochoa Cesar $607,000 None Listed On Document
Ochoa Cesar $607,000 None Listed On Document
Gonzalez Johnny $265,000 Chicago Title Insurance Co
Lopez Jorge A -- None Available
Lopez Marvin $445,000 --
Silva Ilca $383,000 --
Barros Antonio $305,000 --
Bergamasco Sonia $302,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Cesar $472,000
Closed Ochoa Cesar $472,000
Previous Owner Gonzalez Johnny $2,932
Previous Owner Gonzalez Johnny $260,200
Previous Owner Lopez Marvin $356,000
Previous Owner Lopez Marvin $66,750
Previous Owner Silva Ilca $377,072
Previous Owner Bergamasco Sonia $286,900
Previous Owner Oliveira Jose $104,000
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
2024 $14,018 $555,700 $249,200 $306,500
2023 $13,638 $44,600 $15,000 $29,600
2022 $13,638 $44,600 $15,000 $29,600
2021 $13,357 $44,600 $15,000 $29,600
2020 $13,055 $44,600 $15,000 $29,600
2019 $12,856 $44,600 $15,000 $29,600
2018 $12,730 $44,600 $15,000 $29,600
2017 $12,375 $44,600 $15,000 $29,600
2016 $12,376 $44,600 $15,000 $29,600
2015 $12,162 $46,600 $15,000 $31,600
2014 $11,797 $46,600 $15,000 $31,600
Source: Public Records

Map

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

534 Monroe Ave Unit 2, Elizabeth, NJ

This home is located at 534 Monroe Ave Unit 2, Elizabeth, NJ 07201 and is currently estimated at $716,923, approximately $288 per square foot. 534 Monroe Ave Unit 2 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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