$505,000
SOLD OCT 9, 2024

621 Norwood Terrace Unit 3 Elizabeth, NJ 07202

Bayway Neighborhood
3 Beds
2 Baths
-- Sq Ft
37 Sq Ft Lot

Recently Sold

9% Above List Price

13 Days on Market

About This Home

As of October 2024

This home is located at 621 Norwood Terrace Unit 3, Elizabeth, NJ 07202 and is currently priced at $505,000. This property was built in 1925. 621 Norwood Terrace Unit 3 is a home located in Union County with nearby schools including Elizabeth High School and JVJ STEM Academy - School No. 92.

Last Agent to Sell the Property

Suselle Salermo

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 07/17/2024

RE/MAX FIRST REALTY II

Last Buyer's Agent

SARAH LACERDA DE PAULA

ROSA AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,883

Year Built

  • Built in 1925

Lot Details

  • 37 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,883

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Union
  • Street Number Display: 621
  • I D: 5300531
  • Modified: 2024-10-10
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 37.05X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 25, 2024
Sold by
Maldonado Rene M Mendoza and Matos Magalis Mejia
Bought by
Robles Marco G Montero and Ojeda Wilson G
Seller's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
Buyer's Agent
SARAH LACERDA DE PAULA
ROSA AGENCY
List Price
$465,000
Sold Price
$505,000
Premium/Discount to List
$40,000
8.6%
Views
21
Current Estimated Value
$512,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,445
Avg. Annual Appreciation
1.68%
Original Mortgage
$488,145
Outstanding Balance
$483,492
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$28,953

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 10, 2022
Sold by
Anjos Julio and Anjos Alcinda
Bought by
Mendoza Maldonado Rene M and Wilmer Mendoza Wilmer
Seller's Agent
Ana Montes
RE/MAX SELECT
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$360,000
Sold Price
$360,000
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%
Original Mortgage
$351,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1989
Bought by
Anjos Julio and Anjos Alcinda
Source: Public Records

Similar Homes in the area

  • 830 Grove St, Elizabeth, NJ 07202

    $480,000

    • 3 Beds
    • 2.5 Baths
    • 830 Grove St
    • Elizabeth, NJ

    Welcome to 830 Grove St in the desirable South Elmora section of Elizabeth! This beautifully renovated duplex-style single-family home is perfect for first-time buyers seeking space and convenience. It offers 3 spacious bedrooms, 2.5 bathrooms, and a fully finished basement with 2 bonus rooms ideal for a home office, gym, or guest space. Enjoy your private backyard perfect for relaxing or

    Nidia Rodriguez RE/MAX FIRST REALTY

    Section Image
  • 610 Summer St, Elizabeth, NJ 07202

    $399,000

    • 2 Beds
    • 2 Baths
    • 610 Summer St
    • Elizabeth, NJ

    A Beautiful 2 bedroom , 2 Bathroom Duplex In a great Location of Elizabeth . Close to the 115 bus . Close to schools , parks , and major highways. Tiled beautiful eat in Kitchen and Spacious living room area with full bathroom. 2nd Fl has 2 spacious bedrooms and a full bathroom. Well Kept , Good size backyard and 2 car driveway. Hard Wood Floor ,Central A/C and Heating

    MANUEL CUNHA RE/MAX NEW MILLENNIUM GROUP

    Section Image
  • 831 Gibbons Ct, Elizabeth, NJ 07202

    $560,000

    • 3 Beds
    • 3 Baths
    • 831 Gibbons Ct
    • Elizabeth, NJ

    Step into this inviting 3-bedroom, 3-bath Colonial with hardwood floors and full baths on all levels. Inside, you'll find a generous layout with a large sunlit living room, dining area and a kitchen which offers plenty of counter space and functionality, while the seamless flow to the outdoors makes entertaining a breeze. Upstairs offers 3 bedrooms and a full bath. In the finished, walkout

    Scott Gordon KELLER WILLIAMS GREATER BRUNSWICK

    Section Image
  • 842 Martin St, Elizabeth, NJ 07201

    $400,000

    • 3 Beds
    • 2 Baths
    • 842 Martin St
    • Elizabeth, NJ

    Great opporuntity for a residential home sweet home. Formal living room, formal dining area, eat i kitchen, large bedrooms and large attic. Basement 10 feet ceilings.

    Jazmine Clausen-Soir BHGRE ELITE

    Section Image
  • 842 Gibbons Ct, Elizabeth, NJ 07202

    $624,900

    • 5 Beds
    • 3 Baths
    • 2,167 Sq Ft
    • 842 Gibbons Ct
    • Elizabeth, NJ

    Located in the desirable South Elmora section, just one block from Woodrow Wilson K"8 School, this fully renovated home offers space, comfort, and quality craftsmanship. Renovated just 6 years ago by a professional contractor for personal use, no detail was overlooked. Enjoy 3 floors of living space plus a fully finished basement, 5 bedrooms, 3 full baths, including a penthouse suite with

    MARGARET R. LENOFF LUZZATO REALTY

    Section Image
  • 663 Carteret St, Elizabeth, NJ 07202

    $375,000

    • 3 Beds
    • 2 Baths
    • 936 Sq Ft
    • 663 Carteret St
    • Elizabeth, NJ

    Opportunity is knocking! Charming 3 Bed 2 Bath Ranch with Partial Finished Basement on a prime corner lot in thriving Elizabeth could be the one for you! An excellent rental property to add to your portfolio, or great for the first time buyer looking to make it their very own. Step in to find a light and bright living room with brand new window shades and plenty of natural light all through.

    Robert Dekanski RE/MAX 1ST ADVANTAGE

    Section Image
  • 81 Westfield Ave, Elizabeth, NJ 07208

    $499,000

    • 4 Beds
    • 2 Baths
    • 1,999 Sq Ft
    • 81 Westfield Ave
    • Elizabeth, NJ

    Welcome to 81 Westfield Ave! Home features 3 floors, 4 bedrooms & 2 full bathrooms, flexible space & an unfinished basement. The main floor has a living room, kitchen & designated formal dining room. Upstairs there is the primary bedroom along with three additional bedrooms. Features a spacious finished attic where the possibilities are endless. Use as an additional bedroom, or fun room Located

    MAGANDEEP REHAL REALTY MARK CENTRAL

    Section Image

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 Type Sale Price Title Company
Deed $505,000 Fidelity National Title
Bargain Sale Deed $370,000 First Team Title
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $488,145 FHA
Previous Owner $351,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $505,000 +8.6% --
07/31/2024 07/31/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $465,000 +29.2% --
11/14/2022 11/14/22 Sold $360,000 0.0% --
09/30/2022 09/30/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $360,000 -- --
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 $6,883 $332,200 $182,000 $150,200
2023 $6,883 $21,900 $8,700 $13,200
2022 $6,697 $21,900 $8,700 $13,200
2021 $6,559 $21,900 $8,700 $13,200
2020 $6,410 $21,900 $8,700 $13,200
2019 $6,312 $21,900 $8,700 $13,200
2018 $6,251 $21,900 $8,700 $13,200
2017 $6,077 $21,900 $8,700 $13,200
2016 $6,077 $21,900 $8,700 $13,200
2015 $5,716 $21,900 $8,700 $13,200
2014 -- $21,900 $8,700 $13,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3913785

Garden State MLS

APN: 04-00006-0000-00782