NOT LISTED FOR SALE

624 Colgate Ave Unit 1B Perth Amboy, NJ 08861

Chickentown Neighborhood

Estimated Value: $764,418 - $888,000

2 Beds
1 Bath
2,912 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 624 Colgate Ave Unit 1B, Perth Amboy, NJ 08861 and is currently estimated at $818,605, approximately $281 per square foot. 624 Colgate Ave Unit 1B is a home located in Middlesex County with nearby schools including Perth Amboy High School, Middlesex County STEM Charter School, and Academy for Urban Leadership Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Velez Sonia and Velez Jose
Bought by
622 Colgate Ave Llc
Current Estimated Value
$818,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$657,070
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$161,535

Purchase Details

Closed on
Mar 25, 2019
Sold by
Olivares Gilberto
Bought by
Velez Sonia and Melendez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,563
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2008
Sold by
Olivares Gilberto and Oliveres Gilberto
Bought by
Olivares Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2000
Sold by
Elizabeth Realty
Bought by
Oliveres Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
622 Colgate Ave Llc $825,000 Counsellors Title
622 Colgate Ave Llc $825,000 Counsellors Title
Velez Sonia $462,000 Stewart Title Guaranty Co
Olivares Gilberto -- Equititle Llc
Oliveres Gilberto $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 622 Colgate Ave Llc $660,000
Closed 622 Colgate Ave Llc $660,000
Previous Owner Velez Sonia $352,563
Previous Owner Olivares Gilberto $338,000
Previous Owner Oliveres Gilberto $160,000
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
2025 $12,753 $422,700 $124,600 $298,100
2024 $12,728 $422,700 $124,600 $298,100
2023 $12,728 $422,700 $124,600 $298,100
2022 $12,575 $422,700 $124,600 $298,100
2021 $12,592 $422,700 $124,600 $298,100
2020 $12,588 $422,700 $124,600 $298,100
2019 $10,462 $350,000 $124,600 $225,400
2018 $10,371 $350,000 $124,600 $225,400
2017 $10,350 $350,000 $124,600 $225,400
2016 $10,944 $380,000 $124,600 $255,400
2015 $11,020 $380,000 $124,600 $255,400
2014 $11,088 $380,000 $124,600 $255,400
Source: Public Records

Map

New Jersey Middlesex County Perth Amboy 08861 Chickentown

624 Colgate Ave Unit 1B, Perth Amboy, NJ

Not Listed for Sale

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