NOT LISTED FOR SALE

561 Walnut St Unit 1 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $598,000 - $659,000

2 Beds
1 Bath
-- Sq Ft
4,617 Sq Ft Lot

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Radiator
  • Elizabeth High School Rated A
  • Combination Dining and Living Room

About This Home

As of February 2022

Very short distance to many facilities, supermarket, pharmacy, Dry Cleaners, North Elizabeth Train Station, Bus Stop, and Newark Airport. Comfortable ride by train or bus to Midtown NY, This well maintained apartment features, 2 bedrooms, 1 bathroom, living room, dinning room, eat in kitchen, hardwood floors, 1st floor apartment in North Elizabeth area, 1 Month Realtor commission paid by tenant, 1 month Security Deposit due at signing.

Last Agent to Rent the Property

Alejandra Jarrin

SIGNATURE REALTY NJ Listed on: 12/30/2021

SIGNATURE REALTY NJ

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,828

Year Built

  • Built in 1910

Lot Details

  • 4,617

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, hot water
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include water

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,828

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: None
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Refrigerator, See Remarks, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Stories: 2

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Water
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
Jarrin Alejandra
Bought by
E & A Legacy Partners Llc
Current Estimated Value
$615,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$449,613
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$166,087

Purchase Details

Closed on
Feb 14, 2024
Sold by
Kendall Leon G
Bought by
Jarrin Alejandra

Purchase Details

Closed on
Dec 28, 2023
Sold by
Coleman Betty Jean and Coleman Marva Y
Bought by
Coleman Marva Y

Purchase Details

Closed on
Nov 4, 2020
Sold by
Kaiser Stuart and Kaiser Valerie
Bought by
Kendall Leon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,481
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2011
Sold by
Pinheiro Marco
Bought by
Kaiser Stuart and Kaiser Valeria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2007
Sold by
Pinheiro Marco
Bought by
Pinheiro Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,100
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Thompson Percy
Bought by
Pinheiro Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.26%

Purchase Details

Closed on
Jan 12, 1996
Sold by
Coleman Betty Jean
Bought by
Thompson Percy and Coleman Jana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
E & A Legacy Partners Llc $600,000 All Pro Title
Jarrin Alejandra -- All Pro Title Group
Jarrin Alejandra -- All Pro Title Group
Coleman Marva Y -- None Listed On Document
Kendall Leon G $435,000 All Pro Title Group Llc
Kaiser Stuart $150,000 Multiple
Pinheiro Marco -- All Pro Title Group Llc
Pinheiro Marco $309,000 --
Thompson Percy $110,700 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E & A Legacy Partners Llc $450,000
Previous Owner Kendall Leon G $420,481
Previous Owner Kaiser Stuart $146,197
Previous Owner Pinheiro Marco $352,100
Previous Owner Pinheiro Marco $247,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Rented -- -- --
12/30/2021 12/30/21 For Rent $1,800 -- --
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
2025 $9,828 $510,800 $174,400 $336,400
2024 $10,183 $510,800 $174,400 $336,400
2023 $10,183 $32,400 $7,600 $24,800
2022 $9,908 $32,400 $7,600 $24,800
2021 $9,703 $32,400 $7,600 $24,800
2020 $7,610 $26,000 $7,600 $18,400
2019 $7,494 $26,000 $7,600 $18,400
2018 $7,421 $26,000 $7,600 $18,400
2017 $7,214 $26,000 $7,600 $18,400
2016 $7,215 $26,000 $7,600 $18,400
2015 $6,786 $26,000 $7,600 $18,400
2014 $6,582 $26,000 $7,600 $18,400
Source: Public Records

Agents Affiliated with this Home

  • Alejandra Jarrin

    Landlord's Agent in 2022

    Alejandra Jarrin

    SIGNATURE REALTY NJ

    (908) 403-9415

    1 in this area

    43 Total Sales

    Alejandra Jarrin
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Map

Source: All Jersey MLS

MLS Number: 2208063R

All Jersey MLS

APN: 04-00012-0000-01386

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

561 Walnut St Unit 1, Elizabeth, NJ

Not Listed for Sale

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