$740,000
SOLD JAN 28, 2025

566 4th Ave Unit 568 Elizabeth, NJ 07202

Peters Neighborhood
-- Bed
-- Bath
-- Sq Ft
87 Sq Ft Lot

Recently Sold

8% Above List Price

12 Days on Market

About This Home

As of January 2025

This home is located at 566 4th Ave Unit 568, Elizabeth, NJ 07202 and is currently priced at $740,000. This property was built in 1920. 566 4th Ave Unit 568 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Last Agent to Sell the Property

JAVIER DIAZ TOMAS

BROOKMAN REALTY Brokerage Phone: 908-662-3221 Listed on: 11/01/2024

Last Buyer's Agent

MERCEDES CRESCIMBENI

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 1920

Lot Details

  • 87 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,727

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • I D: 5322290
  • Attribution Contact: 908-662-3221
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X84.87 X IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 24, 2025
Sold by
Mt Prospect Investment Llc and Mt Prospect Investments Llc
Bought by
Loja Vicente Janeth Irene and Orel Romero Fabian
Seller's Agent
JAVIER DIAZ TOMAS
BROOKMAN REALTY
Buyer's Agent
MERCEDES CRESCIMBENI
SIGNATURE REALTY NJ
List Price
$685,000
Sold Price
$740,000
Premium/Discount to List
$55,000
8.03%
Views
11
Current Estimated Value
$694,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,317
Avg. Annual Appreciation
-7.42%
Original Mortgage
$703,000
Outstanding Balance
$698,212
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$3,529

Purchase Details

Closed on
Mar 22, 2024
Sold by
Venegas Jose A
Bought by
Mt Prospect Investment Llc

Purchase Details

Closed on
Aug 27, 1999
Sold by
Melchionna Anthony and Melchionna Angelina
Bought by
Venegas Jose A and Venegas Tito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,307
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Deed $740,000 Nu World Title
Deed $740,000 Nu World Title
Deed $350,000 None Listed On Document
Deed $350,000 None Listed On Document
Bargain Sale Deed $154,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $703,000 New Conventional
Previous Owner $150,307 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $740,000 +8.0% --
11/13/2024 11/13/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $685,000 0.0% --
11/02/2024 11/02/24 Off Market $685,000 -- --
11/01/2024 11/01/24 For Sale $685,000 -- --
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 $7,727 $401,600 $149,000 $252,600
2024 $9,680 $401,600 $149,000 $252,600
2023 $9,418 $30,800 $7,100 $23,700
2022 $9,418 $30,800 $7,100 $23,700
2021 $9,224 $30,800 $7,100 $23,700
2020 $9,015 $30,800 $7,100 $23,700
2019 $8,878 $30,800 $7,100 $23,700
2018 $8,791 $30,800 $7,100 $23,700
2017 $8,546 $30,800 $7,100 $23,700
2016 $8,547 $30,800 $7,100 $23,700
2015 $8,038 $30,800 $7,100 $23,700
2014 -- $30,800 $7,100 $23,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JAVIER DIAZ TOMAS

    BROOKMAN REALTY

  • M

    Buyer's Agent in 2025

    MERCEDES CRESCIMBENI

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3932397

Garden State MLS

APN: 04-00007-0000-00469

New Jersey Union County Elizabeth 07202 Peters

566 4th Ave Unit 568, Elizabeth, NJ

Sold

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