NOT LISTED FOR SALE

Estimated Value: $477,000 - $639,000

-- Bed
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $305,000

Est. 84% increase in value since last sale

Current estimated payment $3,659/month

12 Days on Market

About This Home

As of June 2021

This home is located at 609 Franklin St Unit 2, Elizabethport, NJ 07206 since 22 April 2021 and is currently estimated at $559,683. This property was built in 1900. 609 Franklin St Unit 2 is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.

Last Agent to Sell the Property

MICHAEL KRAYN

RE/MAX PROPERTIES PLUS Brokerage Phone: 201-567-9191 Listed on: 04/22/2021

Last Buyer's Agent

MICHAEL KRAYN

RE/MAX PROPERTIES PLUS Brokerage Phone: 201-567-9191 Listed on: 04/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,266

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,266

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Union
  • Street Number Display: 609
  • I D: 5061910
  • Modified: 2022-07-01
  • Number Images: 1
  • Attribution Contact: 201-567-9191
  • 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
Apr 22, 2021
Closed on
Jun 30, 2021
Sold by
Franklin Street Realty Llc
Bought by
528 Adams Avenue Llc
Seller's Agent
MICHAEL KRAYN
RE/MAX PROPERTIES PLUS
Buyer's Agent
MICHAEL KRAYN
RE/MAX PROPERTIES PLUS
List Price
$250,000
Sold Price
$305,000
Premium/Discount to List
$55,000
22%
Total Days on Market
12
Current Estimated Value
$559,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,683
Avg. Annual Appreciation
16.73%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Franklin Street Realty Llc
Bought by
Franklin Street Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2013
Sold by
609 Franklin Avenue Llc
Bought by
Franklin Street Realty Llc

Purchase Details

Closed on
Aug 19, 2010
Sold by
Hbis Llc
Bought by
609 Franklin Avenue Llc

Purchase Details

Closed on
Nov 5, 2008
Sold by
609 Franklin Avenue Llc
Bought by
Hbis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2008
Sold by
Garside Associates Llc
Bought by
609 Franklin Avenue Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Garside Associates Llc

Purchase Details

Closed on
Mar 4, 2008
Sold by
Rivera Nelson
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 10, 2005
Sold by
Morales Luis A
Bought by
Rivera Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2000
Sold by
Rocha Jose and Rocha Manuel
Bought by
Morales Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 17, 1993
Sold by
Dasilva Justiniano Pereira
Bought by
Rocha Jose and Rocha Manuel
Source: Public Records

Similar Home in Elizabethport, NJ

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
528 Adams Avenue Llc $305,000 Foundation Title Llc
Franklin Street Realty Llc $120,000 --
609 Franklin Avenue Llc -- Multiple
Hbis Llc $190,000 Multiple
609 Franklin Avenue Llc -- Multiple
Garside Associates Llc $139,900 Multiple
Deutsche Bank National Trust Co -- None Available
Rivera Nelson $317,000 --
Morales Luis A $100,000 --
Rocha Jose $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Street Realty Llc $172,500
Previous Owner Hbis Llc $237,000
Previous Owner Rivera Nelson $312,000
Previous Owner Rivera Nelson $78,000
Previous Owner Rivera Nelson $253,600
Previous Owner Morales Luis A $5,000
Previous Owner Morales Luis A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $305,000 +22.0% --
05/04/2021 05/04/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $250,000 -- --
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
2024 $8,266 $444,500 $142,500 $302,000
2023 $8,266 $26,300 $6,600 $19,700
2022 $8,042 $26,300 $6,600 $19,700
2021 $7,876 $26,300 $6,600 $19,700
2020 $7,698 $26,300 $6,600 $19,700
2019 $7,581 $26,300 $6,600 $19,700
2018 $7,507 $26,300 $6,600 $19,700
2017 $7,297 $26,300 $6,600 $19,700
2016 $7,298 $26,300 $6,600 $19,700
2015 $6,864 $26,300 $6,600 $19,700
2014 $6,658 $26,300 $6,600 $19,700
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3706951

Garden State MLS

APN: 04-00007-0000-00475