NOT LISTED FOR SALE

607 Marshall St Elizabethport, NJ 07206

Elizabethport Neighborhood

Estimated Value: $476,000 - $632,427

6 Beds
3 Baths
1,880 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $455,000 $242 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,666/month

9 Days on Market

Highlights

  • Zoned Heating
  • Elizabeth High School Rated A
  • 2-minute walk to Sixth Street Playground

About This Home

As of February 2024

Investment Opportunity - Two-Family House in the heart of Elizabeth!This two-family house is a fantastic investment opportunity. Located in the heart of Elizabeth, it offers great potential for investors seeking to expand their portfolio.The first and second floors each feature 3br and full bathrooms, providing ample living space for tenants. Additionally, there is a walkout basement that is waiting to be finished.This presents an excellent opportunity to generate extra income by renting it out.Conveniently situated near major roads, this property offers easy access to transportation and commuting. It is also in close proximity to schools, parks, and supermarkets. Contact me today for more information and to schedule a viewing to explore the full potential of this property

Last Agent to Sell the Property

Igor Zaslavskiy

Formula Realty, LLC License #1435016 Listed on: 01/07/2024

Last Buyer's Agent

Helen Kolton

Formula Realty, LLC License #1861866

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,372

Year Built

  • Built in 1908

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

  • Duplex

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 04-00640-0000-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,372

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1908
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Cooling Single Zone Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 04-00640-0000-00025
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10372.0
  • Tax Other Annual Assessment Amount: 33000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Feb 21, 2024
Sold by
Edwine Jason Raymonde
Bought by
607 Marshall Llc
Seller's Agent
Igor Zaslavskiy
Formula Realty, LLC
Buyer's Agent
Helen Kolton
Formula Realty, LLC
List Price
$379,900
Sold Price
$455,000
Premium/Discount to List
$75,100
19.77%
Views
61
Current Estimated Value
$554,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,857
Avg. Annual Appreciation
13.56%
Original Mortgage
$419,500
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 1, 2014
Sold by
607 Marshall Street Llc
Bought by
Jason Raymonde Edwine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2013
Closed on
Dec 16, 2013
Sold by
Argote Guillermo
Bought by
607 Marshall Street Llc
Seller's Agent
Denise Hoebee
WEICHERT REALTORS
Buyer's Agent
Denise Hoebee
WEICHERT REALTORS
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%
Original Mortgage
$117,397
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 18, 2013
Closed on
Nov 15, 2013
Sold by
Grooms Haskell L
Bought by
Argote Guillermo
Seller's Agent
Denise Hoebee
WEICHERT REALTORS
Buyer's Agent
Denise Hoebee
WEICHERT REALTORS
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,397
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2007
Sold by
Mattias Jose
Bought by
Griooms Haskell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Mendes Orlando
Bought by
Mattias Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,519
Interest Rate
6.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2003
Sold by
Mas Jorge
Bought by
Mendes Orlando and Romero Dulce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

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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
607 Marshall Llc $455,000 Title Authority
607 Marshall Llc $455,000 Title Authority
Jason Raymonde Edwine $205,000 1St Rate Title & Settlement
607 Marshall Street Llc $90,000 --
Argote Guillermo $64,900 Wfg National Title Insurance
Griooms Haskell L $370,000 None Available
Mattias Jose $290,000 --
Mendes Orlando $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 607 Marshall Llc $490,500
Closed 607 Marshall Llc $419,500
Previous Owner Jason Raymonde Edwine $255,390
Previous Owner Jason Raymonde Edwine $256,410
Previous Owner Jason Raymonde Edwine $201,125
Previous Owner Jason Raymonde Edwine $201,286
Previous Owner Argote Guillermo $117,397
Previous Owner Griooms Haskell L $333,000
Previous Owner Mattias Jose $285,519
Previous Owner Mattias Jose $285,519
Previous Owner Mendes Orlando $150,000
Previous Owner Mas Jorge D $72,000
Previous Owner Mas Jorge D $59,643
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $455,000 +19.8% $242 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/07/2024 01/07/24 For Sale $379,900 +485.4% $202 / Sq Ft
11/18/2013 11/18/13 Sold $64,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,523 $443,000 $128,300 $314,700
2024 $10,372 $443,000 $128,300 $314,700
2023 $10,372 $33,000 $6,600 $26,400
2022 $10,091 $33,000 $6,600 $26,400
2021 $9,883 $33,000 $6,600 $26,400
2020 $9,659 $33,000 $6,600 $26,400
2019 $9,512 $33,000 $6,600 $26,400
2018 $9,419 $33,000 $6,600 $26,400
2017 $9,157 $33,000 $6,600 $26,400
2016 $9,157 $33,000 $6,600 $26,400
2015 $8,613 $33,000 $6,600 $26,400
2014 $8,354 $33,000 $6,600 $26,400
Source: Public Records

Agents Affiliated with this Home

  • Igor Zaslavskiy

    Seller's Agent in 2024

    Igor Zaslavskiy

    Formula Realty, LLC

    (732) 642-2202

    1 in this area

    34 Total Sales

    Igor Zaslavskiy
    Section Image

  • H

    Buyer's Agent in 2024

    Helen Kolton

    Formula Realty, LLC

    (732) 858-5882

    1 in this area

    23 Total Sales

    Helen Kolton
    Section Image
  • Denise Hoebee

    Seller's Agent in 2013

    Denise Hoebee

    WEICHERT REALTORS

    (973) 652-4777

    90 Total Sales

    Denise Hoebee
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22400615

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00007-0000-00839

New Jersey Union County Elizabethport 07206 Elizabethport

607 Marshall St, Elizabethport, NJ

This home is located at 607 Marshall St, Elizabethport, NJ 07206 since 07 January 2024 and is currently estimated at $554,857, approximately $295 per square foot. This property was built in 1908. 607 Marshall St is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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