NOT LISTED FOR SALE

623 2nd Ave Unit 2 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $599,030 - $684,000

-- Bed
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 16, 2020

Last sale price $375,000

Est. 71% increase in value since last sale

Current estimated payment $4,137/month

13 Days on Market

About This Home

As of March 2020

This home is located at 623 2nd Ave Unit 2, Elizabeth, NJ 07202 since 28 December 2019 and is currently estimated at $641,258. 623 2nd Ave Unit 2 is a home located in Union County with nearby schools including No 3 Lacorte Peterstown and Elizabeth High School.

Last Agent to Sell the Property

JILL GUZMAN

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 12/28/2019

Last Buyer's Agent

Pedro Oliveira

RE/MAX IN ACTION

RE/MAX IN ACTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,287

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,287

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 623
  • I D: 4951681
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-353-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X106
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
Mar 16, 2020
Sold by
Costa Manuel S and Costa Rosa
Bought by
Degraca Diego S Lopez and Brito Jessica
Seller's Agent
JILL GUZMAN
JILL GUZMAN REALTY
Buyer's Agent
Pedro Oliveira
RE/MAX IN ACTION
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Current Estimated Value
$641,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,258
Avg. Annual Appreciation
10.02%
Original Mortgage
$300,000
Outstanding Balance
$265,186
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$376,072

Purchase Details

Closed on
Feb 17, 2017
Sold by
Tang Rosalia
Bought by
Costa Manuel S and Costa Rosa

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
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Degraca Diego S Lopez $375,000 Foundation Title Llc
Costa Manuel S $255,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degraca Diego S Lopez $300,000
Previous Owner Costa Manuel S $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $375,000 +1.6% --
01/10/2020 01/10/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $369,000 -- --
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 $9,287 $482,700 $163,200 $319,500
2024 $8,046 $482,700 $163,200 $319,500
2023 $8,046 $25,600 $7,600 $18,000
2022 $7,828 $25,600 $7,600 $18,000
2021 $7,667 $25,600 $7,600 $18,000
2020 $7,493 $25,600 $7,600 $18,000
2019 $7,379 $25,600 $7,600 $18,000
2018 $7,307 $25,600 $7,600 $18,000
2017 $7,103 $25,600 $7,600 $18,000
2016 $7,104 $25,600 $7,600 $18,000
2015 $6,431 $25,600 $7,600 $18,000
2014 $6,231 $25,600 $7,600 $18,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JILL GUZMAN

    JILL GUZMAN REALTY

  • Pedro Oliveira

    Buyer's Agent in 2020

    Pedro Oliveira

    RE/MAX

    (908) 403-1424

    10 in this area

    139 Total Sales

    Pedro Oliveira
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3606804

Garden State MLS

APN: 04-00007-0000-01128

New Jersey Union County Elizabeth 07202 Peters

623 2nd Ave Unit 2, Elizabeth, NJ

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