NOT LISTED FOR SALE

561 Jackson Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $584,000 - $800,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $299,000

Est. 124% increase in value since last sale

Current estimated payment $4,696/month

70 Days on Market

About This Home

As of July 2018

This home is located at 561 Jackson Ave, Elizabeth, NJ 07201 since 13 February 2018 and is currently estimated at $669,036. This property was built in 1910. 561 Jackson 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.

Last Listed By

Olga Caceres

CENTURY 21 PREFERRED REALTY, INC Brokerage Phone: 908-688-3311 Listed on: 02/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,409

Year Built

  • 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,409

Year Built

1910

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 561
  • I D: 4777856
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-688-3311
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Jul 20, 2018
Sold by
Chipantiza Victor
Bought by
Jones Roshene U
Seller's Agent
Olga Caceres
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
FRANCIS THURMAN
EREALTY ADVISORS, INC.
List Price
$339,900
Sold Price
$299,000
Premium/Discount to List
-$40,900
-12.03%
Total Days on Market
70
Current Estimated Value
$669,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,036
Avg. Annual Appreciation
11.90%
Original Mortgage
$306,348
Outstanding Balance
$271,578
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$374,989

Purchase Details

Listed on
Dec 28, 2015
Closed on
Dec 7, 2015
Sold by
Christiana Trust
Bought by
Chipantiza Victor
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Chin Christopher
Bought by
Christiana Trust

Purchase Details

Closed on
Jul 13, 2010
Sold by
Sousa Felipe and Monteiro Armenio
Bought by
Chin Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2009
Sold by
Sovereign Bank Fsb
Bought by
Monteiro Armenio A and Sousa Filipe

Purchase Details

Closed on
Nov 25, 2008
Sold by
Tejeda Manuel and Tejeda Ana
Bought by
Sovereign Bank

Purchase Details

Closed on
Jun 30, 1998
Sold by
Island Investment Company
Bought by
Tejeda Manuel and Tejeda Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,160
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1998
Sold by
Familia Francisco and Familia Denia A
Bought by
Island Investment Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,160
Interest Rate
6.9%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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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
Jones Roshene U $312,000 Stewart Title Guaranty Co
Chipantiza Victor $165,000 --
Christiana Trust -- None Available
Chin Christopher $380,000 Multiple
Monteiro Armenio A $130,000 None Available
Sovereign Bank -- None Available
Tejeda Manuel $123,000 --
Island Investment Company $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Roshene U $24,884
Open Jones Roshene U $64,819
Open Jones Roshene U $306,348
Previous Owner Chin Christopher $373,117
Previous Owner Tejeda Manuel $250,000
Previous Owner Tejeda Manuel $123,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $299,000 -12.0% --
04/24/2018 04/24/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $339,900 +94.2% --
12/28/2015 12/28/15 Sold $175,000 -- --
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 $11,409 $470,400 $141,800 $328,600
2023 $11,409 $36,300 $6,600 $29,700
2022 $11,100 $36,300 $6,600 $29,700
2021 $10,871 $36,300 $6,600 $29,700
2020 $10,625 $36,300 $6,600 $29,700
2019 $10,463 $36,300 $6,600 $29,700
2018 $10,361 $36,300 $6,600 $29,700
2017 $10,072 $36,300 $6,600 $29,700
2016 $10,073 $36,300 $6,600 $29,700
2015 $9,474 $36,300 $6,600 $29,700
2014 $9,190 $36,300 $6,600 $29,700
Source: Public Records

Agents Affiliated with this Home

  • Olga Caceres

    Seller's Agent in 2018

    Olga Caceres

    CENTURY 21 PREFERRED REALTY, INC

    (908) 347-2627

    2 in this area

    34 Total Sales

    Olga Caceres
    Section Image

  • F

    Buyer's Agent in 2018

    FRANCIS THURMAN

    EREALTY ADVISORS, INC.

  • R

    Seller's Agent in 2015

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3446445

Garden State MLS

APN: 04-00008-0000-00968

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

561 Jackson Ave, Elizabeth, NJ

Homes for Sale in Elizabeth, NJ

This home is located at 561 Jackson Ave, Elizabeth, NJ 07201 since 13 February 2018 and is currently estimated at $669,036. This property was built in 1910. 561 Jackson 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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