NOT LISTED FOR SALE

563 Jackson Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $714,000 - $780,000

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

Sale Details

Date Sold: April 10, 2024

Last sale price $650,000

Est. 16% increase in value since last sale

Current estimated payment $4,721 / mo

17 Days on Market

About This Home

As of April 2024

This home is located at 563 Jackson Ave, Elizabeth, NJ 07201 since 10 February 2024 and is currently estimated at $751,349. This property was built in 1910. 563 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 Agent to Sell the Property

DAMARIS CRESPO

TNT REALTY NJ Brokerage Phone: 908-445-5339 Listed on: 02/10/2024

Last Buyer's Agent

Daniela Calle

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • County Name: Union
  • I D: 5269106
  • Attribution Contact: 908-445-5339
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Apr 8, 2024
Sold by
Dreamwork Properties Llc
Bought by
Acevedo Bermejo Sandro L and Caceres-M Caceres-Munzon Nube
Seller's Agent
DAMARIS CRESPO
TNT REALTY NJ
Buyer's Agent
Daniela Calle
EXP REALTY, LLC
List Price
$629,900
Sold Price
$650,000
Premium/Discount to List
$20,100
3.19%
Views
47
Current Estimated Value
$751,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,349
Avg. Annual Appreciation
7.44%
Original Mortgage
$638,226
Outstanding Balance
$628,526
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$122,823

Purchase Details

Closed on
Sep 19, 2019
Sold by
D & N Holdings Llc
Bought by
Dreamwork Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,238,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 11, 2015
Closed on
Feb 10, 2016
Sold by
Citimortgage Inc
Bought by
D & N Holdings Llc
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
List Price
$93,900
Sold Price
$110,000
Premium/Discount to List
$16,100
17.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Union County Sheriff
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Tjf Consulting Llc
Bought by
Simons Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2008
Sold by
Ashiara Victor
Bought by
Tjf Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Flores Allan R
Bought by
Ashiara Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,920
Interest Rate
6.18%

Purchase Details

Closed on
Sep 5, 2003
Sold by
Quiros Gustavo
Bought by
Flores Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,400
Interest Rate
6.31%

Purchase Details

Closed on
Oct 23, 2001
Sold by
Pickus Evan N and Freire John M
Bought by
Quiros Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.77%

Purchase Details

Closed on
May 10, 1999
Sold by
Hernandez Antonio and Hernandez Josephina
Bought by
Freire John M and Freire Beatriz H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Acevedo Bermejo Sandro L $650,000 None Listed On Document
Acevedo Bermejo Sandro L $650,000 None Listed On Document
Dreamwork Properties Llc -- None Available
D & N Holdings Llc $110,000 --
Citimortgage Inc $1,000 --
Simons Barbara $470,000 Title Works Inc
Tjf Consulting Llc $205,000 Title Works Inc
Ashiara Victor $469,650 --
Flores Allan $319,300 --
Quiros Gustavo $156,000 Chicago Title Insurance Co
Freire John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Bermejo Sandro L $638,226
Closed Acevedo Bermejo Sandro L $638,226
Previous Owner Dreamwork Properties Llc $2,238,000
Previous Owner Simons Barbara $423,000
Previous Owner Ashiara Victor $374,920
Previous Owner Flores Allan $255,400
Previous Owner Quiros Gustavo $124,800
Previous Owner Freire John M $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $650,000 +3.2% --
02/27/2024 02/27/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $629,900 +472.6% --
03/14/2016 03/14/16 Sold $110,000 +17.1% -- View Prior Sale
01/14/2016 01/14/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $93,900 -- --
Source: Garden State MLS

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 $9,176 $577,500 $141,800 $435,700
2024 $13,043 $476,900 $141,800 $335,100
2023 $13,043 $41,500 $6,600 $34,900
2022 $12,690 $41,500 $6,600 $34,900
2021 $12,428 $41,500 $6,600 $34,900
2020 $12,147 $41,500 $6,600 $34,900
2019 $13,173 $45,700 $6,600 $39,100
2018 $13,044 $45,700 $6,600 $39,100
2017 $10,377 $37,400 $6,600 $30,800
2016 $10,378 $37,400 $6,600 $30,800
2015 $9,761 $37,400 $6,600 $30,800
2014 $9,468 $37,400 $6,600 $30,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    DAMARIS CRESPO

    TNT REALTY NJ

  • Daniela Calle

    Buyer's Agent in 2024

    Daniela Calle

    EXP REALTY, LLC

    (917) 628-7977

    1 in this area

    11 Total Sales

    Daniela Calle
    Section Image

  • L

    Seller's Agent in 2016

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

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Map

Source: Garden State MLS

MLS Number: 3885556

Garden State MLS

APN: 04-00008-0000-00969

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

563 Jackson Ave, Elizabeth, NJ

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