NOT LISTED FOR SALE

614 Newark Ave Unit 614 Elizabeth, NJ 07208

Downtown Elizabeth Neighborhood

Estimated Value: $892,849

-- Bed
-- Bath
4,621 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 614 Newark Ave Unit 614, Elizabeth, NJ 07208 and is currently estimated at $892,849, approximately $193 per square foot. 614 Newark Ave Unit 614 is a home located in Union County with nearby schools including Number 23, N.M. Butler Elementary School and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Dale Llc
Bought by
614 Newark Ave Llc
Current Estimated Value
$892,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$569,749
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$323,100

Purchase Details

Closed on
Apr 30, 2007
Sold by
614 Newark Avenue Llc
Bought by
Dale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.21%
Mortgage Type
Commercial
Source: Public Records

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.

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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.

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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.

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Quantarium

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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
614 Newark Ave Llc $825,000 Fidelity National Title
Dale Llc $512,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 614 Newark Ave Llc $577,500
Previous Owner Dale Llc $384,000
Source: Public Records

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 $15,086 $1,045,400 $438,200 $607,200
2023 $15,086 $48,000 $12,000 $36,000
2022 $14,678 $48,000 $12,000 $36,000
2021 $14,375 $48,000 $12,000 $36,000
2020 $14,050 $48,000 $12,000 $36,000
2019 $13,836 $48,000 $12,000 $36,000
2018 $13,701 $48,000 $12,000 $36,000
2017 $13,319 $48,000 $12,000 $36,000
2016 $13,320 $48,000 $12,000 $36,000
2015 $12,528 $48,000 $12,000 $36,000
2014 $12,152 $48,000 $12,000 $36,000
Source: Public Records

Map

New Jersey Union County Elizabeth 07208 Downtown Elizabeth

614 Newark Ave Unit 614, Elizabeth, NJ

This home is located at 614 Newark Ave Unit 614, Elizabeth, NJ 07208 and is currently estimated at $892,849, approximately $193 per square foot. 614 Newark Ave Unit 614 is a home located in Union County with nearby schools including Number 23, N.M. Butler Elementary School and Elizabeth High School.

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