NOT LISTED FOR SALE

642 Monroe Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $681,000 - $938,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold January 10, 2023

Last sale price $690,000

Est. 20% increase in value since last sale

Current estimated payment $5,854/month

50 Days on Market

About This Home

As of January 2023

This home is located at 642 Monroe Ave, Elizabeth, NJ 07201 since 27 October 2022 and is currently estimated at $831,045. This property was built in 2004. 642 Monroe Ave is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Last Listed By

NASCIMENTO DUARTE

EXIT ALL STATE REALTY Brokerage Phone: 908-378-5170 Listed on: 10/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,426

Year Built

  • 2004

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,426

Year Built

2004

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 642
  • I D: 5187240
  • Modified: 2024-01-11
  • Number Images: 1
  • Attribution Contact: 908-378-5170
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Lot Info

  • Lot Size: 25X150
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 5, 2023
Sold by
Afonso Maria L
Bought by
Caetano Ana and Caetano Fabio
Seller's Agent
NASCIMENTO DUARTE
EXIT ALL STATE REALTY
Buyer's Agent
ANA CAETANO
SIGNATURE REALTY NJ
List Price
$710,000
Sold Price
$690,000
Premium/Discount to List
-$20,000
-2.82%
Total Days on Market
50
Views
95
Current Estimated Value
$831,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,045
Avg. Annual Appreciation
8.13%
Original Mortgage
$677,502
Outstanding Balance
$659,714
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$171,331

Purchase Details

Closed on
Oct 1, 2004
Sold by
642 Monroe Ave Llc
Bought by
Afonso Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.84%

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Similar Home in the area

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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
Caetano Ana $690,000 Foundation Title
Afonso Maria $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caetano Ana $677,502
Previous Owner Afonso Maria L $50,000
Previous Owner Afonso Maria $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $690,000 -2.8% --
12/16/2022 12/16/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $710,000 -- --
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 $14,426 $628,600 $196,000 $432,600
2023 $14,426 $45,900 $9,700 $36,200
2022 $14,036 $45,900 $9,700 $36,200
2021 $13,746 $45,900 $9,700 $36,200
2020 $13,435 $45,900 $9,700 $36,200
2019 $13,230 $45,900 $9,700 $36,200
2018 $13,101 $45,900 $9,700 $36,200
2017 $12,736 $45,900 $9,700 $36,200
2016 $12,737 $45,900 $9,700 $36,200
2015 $11,979 $45,900 $9,700 $36,200
2014 $11,620 $45,900 $9,700 $36,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    NASCIMENTO DUARTE

    EXIT ALL STATE REALTY

  • A

    Buyer's Agent in 2023

    ANA CAETANO

    SIGNATURE REALTY NJ

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Map

Source: Garden State MLS

MLS Number: 3814829

Garden State MLS

APN: 04-00012-0000-01022

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

642 Monroe Ave, Elizabeth, NJ

Homes for Sale in Elizabeth, NJ

This home is located at 642 Monroe Ave, Elizabeth, NJ 07201 since 27 October 2022 and is currently estimated at $831,045. This property was built in 2004. 642 Monroe Ave is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

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