$1,030,000
SOLD FEB 25, 2025
-- Bed
-- Bath
2,856 Sq Ft
37 Sq Ft Lot

Recently Sold

$361 Per Sq Ft

10% Below List Price

76 Days on Market

About This Home

As of February 2025

This home is located at 563 Pennsylvania Ave, Elizabeth, NJ 07201 and is currently priced at $1,030,000, approximately $360 per square foot. This property was built in 2015. 563 Pennsylvania Ave is a home located in Union County with nearby schools including Number 23, N.M. Butler Elementary School, Elizabeth High School, and Bruriah High School For Girls.

Last Agent to Sell the Property

Jose Quispe

WEICHERT REALTORS- QUISPE & ASSOC Brokerage Phone: 908-469-1111 Listed on: 10/25/2024

WEICHERT REALTORS- QUISPE & ASSOC

Last Buyer's Agent

MIMI YENG-DUARTE

MYD REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,895

Year Built

  • Built in 2015

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,895

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Year Built: 2015
  • County Name: Union
  • Street Number Display: 563
  • I D: 5321072
  • Modified: 2025-02-28
  • Number Images: 1
  • Attribution Contact: 908-469-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.01X91.8
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Jan 31, 2025
Sold by
Brito Johanny and Brito Josefina Dolores
Bought by
Alvarez-Castillo Joel A
Seller's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
Buyer's Agent
MIMI YENG-DUARTE
MYD REALTY LLC
List Price
$1,149,000
Sold Price
$1,030,000
Premium/Discount to List
-$119,000
-10.36%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$854,550
Outstanding Balance
$853,134
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$175,544

Purchase Details

Listed on
Sep 1, 2015
Closed on
Aug 31, 2015
Sold by
Kipling Realty Associates Llc
Bought by
Carmoega Kimberly R and Carmoega George
Seller's Agent
MICHELLE BRAS
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Rosmena DeSa
RE/MAX NEW MILLENNIUM GROUP
Sold Price
$474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$465,414
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2008
Sold by
561-563 Pennsylvania Ave Realty Llc
Bought by
Kipling Realty Associates Llc

Purchase Details

Closed on
Nov 1, 2006
Sold by
Soto Miguel
Bought by
561 563 Pennsylvania Ave Realt
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $1,030,000 Chicago Title
Deed $474,000 Ats Title Agency
Deed $209,589 Chicago Title Insurance Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $854,550 New Conventional
Previous Owner $465,414 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Price Changed $3,200 +48.8% --
04/24/2025 04/24/25 For Rent $2,150 -31.7% --
03/22/2025 03/22/25 Price Changed $3,150 -10.0% --
03/05/2025 03/05/25 For Rent $3,500 0.0% --
02/25/2025 02/25/25 Sold $1,030,000 -10.4% $361 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
10/25/2024 10/25/24 For Sale $1,149,000 +48.3% $402 / Sq Ft
02/03/2022 02/03/22 Sold $775,000 -1.9% $271 / Sq Ft
02/02/2022 02/02/22 For Sale $789,999 0.0% $277 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $789,999 +66.7% $277 / Sq Ft
09/01/2015 09/01/15 Sold $474,000 -- $166 / Sq Ft
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 $19,895 $753,600 $163,700 $589,900
2023 $19,895 $63,300 $13,300 $50,000
2022 $19,357 $63,300 $13,300 $50,000
2021 $18,957 $63,300 $13,300 $50,000
2020 $2,912 $13,300 $0 $0
2019 $3,834 $63,300 $13,300 $50,000
2018 $2,849 $63,300 $13,300 $50,000
2017 $2,761 $63,300 $13,300 $50,000
2016 $3,691 $63,300 $13,300 $50,000
2015 $3,471 $13,300 $13,300 $0
2014 $3,367 $13,300 $13,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931303

Garden State MLS

APN: 04-00011-0000-01219-B