NOT LISTED FOR SALE

542 Jefferson Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $671,189 - $757,000

-- Bed
-- Bath
1,894 Sq Ft
$386/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $365,000 $193 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,867/month

52 Days on Market

Highlights

  • Property is near shops
  • Central Air
  • 2-minute walk to Jefferson Park
  • Elizabeth High School Rated A
  • Radiant Heating System

About This Home

As of January 2021

Home being sold strictly as-is, buyer responsible for township inspections

Last Agent to Sell the Property

CAROLINA GOMEZ VELEZ

REAL Listed on: 10/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,771

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • 2-Story Property

Partially Finished Basement

  • Basement Storage
  • Natural lighting in basement

Location

  • Property is near shops

Utilities

  • Central Air
  • Radiant Heating System
  • Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel gas), unit 2 owner pays(electric fuel water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,771

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 50x160
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1890
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Electric), Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Gas), Unit 2 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Partially Finished, Daylight, Storage Space, Interior Entry
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,Laundry Hookup,Living Room,1 1/2 Baths), Unit 2(3 Bedrooms,Kitchen,Living Room,1 1/2 Baths)
  • Living Area: 1894
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - Some,A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Central)
  • Heating: Radiant-Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 7841

Tax Info

  • Tax Annual Amount: 9771
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 31, 2020
Sold by
Gonell Sherlie Ann and Maldonado Rocio
Bought by
Rodriguez Guillermo
Seller's Agent
CAROLINA GOMEZ VELEZ
REAL
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$731,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,797
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Jun 10, 2016
Sold by
Banks Patricia
Bought by
Gonnell Sherlie - Maldonado, Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,254
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2009
Sold by
The Borga Inc
Bought by
Banks Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,489
Interest Rate
5.02%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rodriguez Guillermo $365,000 Hometown Title Ins Agcy Llc
Gonnell Sherlie - Maldonado, Rocio $262,000 --
Banks Patricia $249,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Jimenez Sherlie Ann $264,000
Previous Owner Gonnell Sherlie - Maldonado, Rocio $257,254
Previous Owner Banks Patricia $244,489
Previous Owner Antunes Pedro $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $365,000 0.0% $193 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $365,000 -- $193 / Sq Ft
Source: All Jersey 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 $10,655 $570,000 $232,100 $337,900
2023 $10,655 $33,900 $12,700 $21,200
2022 $10,366 $33,900 $12,700 $21,200
2021 $10,152 $33,900 $12,700 $21,200
2020 $9,923 $33,900 $12,700 $21,200
2019 $9,771 $33,900 $12,700 $21,200
2018 $9,676 $33,900 $12,700 $21,200
2017 $9,406 $33,900 $12,700 $21,200
2016 $9,407 $33,900 $12,700 $21,200
2015 $8,848 $33,900 $12,700 $21,200
2014 -- $33,900 $12,700 $21,200
Source: Public Records

Agents Affiliated with this Home

  • CAROLINA GOMEZ VELEZ

    Seller's Agent in 2021

    CAROLINA GOMEZ VELEZ

    REAL

    (732) 903-9145

    1 in this area

    2 Total Sales

    CAROLINA GOMEZ VELEZ
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2107405

All Jersey MLS

APN: 04-00012-0000-00379

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

542 Jefferson Ave, Elizabeth, NJ

This home is located at 542 Jefferson Ave, Elizabeth, NJ 07201 since 21 October 2020 and is currently estimated at $731,797, approximately $386 per square foot. This property was built in 1890. 542 Jefferson 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes