NOT LISTED FOR SALE

564 Walnut St Unit 566 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $592,819 - $755,000

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold February 01, 2024

Last sale price $650,000

Est. 1% increase in value since last sale

Current estimated payment $4,283/month

87 Days on Market

About This Home

As of February 2024

This home is located at 564 Walnut St Unit 566, Elizabeth, NJ 07201 since 06 November 2023 and is currently estimated at $659,205. 564 Walnut St Unit 566 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6, Elizabeth High School, and Bruriah High School For Girls.

Last Agent to Sell the Property

ESTHER JIMENEZ BORGES

CENTURY 21 JRS REALTY Brokerage Phone: 732-388-0909 Listed on: 11/06/2023

Last Buyer's Agent

Rogeria Pereira

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,608

Lot Details

  • 8,712 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,608

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5254246
  • Attribution Contact: 732-388-0909
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X175
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 12, 2024
Sold by
Merette Modesto A and Merette Margarita Cid
Bought by
Alvarado Wilfredo Melgar
Seller's Agent
ESTHER JIMENEZ BORGES
CENTURY 21 JRS REALTY
Buyer's Agent
Rogeria Pereira
RE/MAX NEW MILLENNIUM GROUP
List Price
$635,000
Sold Price
$650,000
Premium/Discount to List
$15,000
2.36%
Views
135
Current Estimated Value
$659,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,205
Avg. Annual Appreciation
0.78%
Original Mortgage
$350,000
Outstanding Balance
$343,967
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$315,238

Purchase Details

Closed on
Jun 25, 2018
Sold by
Ridrigues Antonio
Bought by
Merette Modesto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2016
Sold by
Union County Sheriff
Bought by
Rodrigues Antonio

Purchase Details

Closed on
Nov 25, 2003
Sold by
Gonzalez Gladys
Bought by
Martins Admar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,625
Interest Rate
5.96%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Gonzalez Juan and Gonzalez Gladys
Bought by
Gonzalez Gladys
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
Alvarado Wilfredo Melgar $650,000 Ats Title
Alvarado Wilfredo Melgar $650,000 Ats Title
Merette Modesto A $295,000 Champion Title Agency Inc
Rodrigues Antonio $133,000 --
Martins Admar $257,500 --
Gonzalez Gladys -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Wilfredo Melgar $350,000
Closed Alvarado Wilfredo Melgar $350,000
Previous Owner Merette Modesto A $284,747
Previous Owner Martins Admar $244,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $650,000 +2.4% --
02/01/2024 02/01/24 Pending -- -- --
11/06/2023 11/06/23 For Sale $635,000 -- --
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
2025 $9,608 $558,300 $237,900 $320,400
2024 $10,498 $499,400 $237,900 $261,500
2023 $10,498 $33,400 $12,900 $20,500
2022 $10,213 $33,400 $12,900 $20,500
2021 $10,003 $33,400 $12,900 $20,500
2020 $9,777 $33,400 $12,900 $20,500
2019 $9,627 $33,400 $12,900 $20,500
2018 $9,533 $33,400 $12,900 $20,500
2017 $9,268 $33,400 $12,900 $20,500
2016 $9,268 $33,400 $12,900 $20,500
2015 $8,717 $33,400 $12,900 $20,500
2014 -- $33,400 $12,900 $20,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    ESTHER JIMENEZ BORGES

    CENTURY 21 JRS REALTY

  • Rogeria Pereira

    Buyer's Agent in 2024

    Rogeria Pereira

    RE/MAX

    (908) 347-2776

    5 in this area

    83 Total Sales

    Rogeria Pereira
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Map

Source: Garden State MLS

MLS Number: 3873314

Garden State MLS

APN: 04-00012-0000-01329

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

564 Walnut St Unit 566, Elizabeth, NJ

Not Listed for Sale

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