NOT LISTED FOR SALE

701 Madison Ave Unit 703 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $678,000 - $774,000

-- Bed
-- Bath
2,694 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 701 Madison Ave Unit 703, Elizabeth, NJ 07201 and is currently estimated at $727,335, approximately $269 per square foot. 701 Madison Ave Unit 703 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6, Elizabeth High School, and Bruriah High School For Girls.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2017
Sold by
Ferreira Nelia Maria and Ferreira Jonathan
Bought by
Macias Espana Arnaldo G and Teran De Macias Emilia N
Current Estimated Value
$727,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2016
Sold by
Ferriera Nelia Maria
Bought by
Ferreira Nelia M-Ferreira,Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,885
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2008
Sold by
Ferreira Jose and Ferreira Eugenia
Bought by
Ferreira Nelia Maria

Purchase Details

Closed on
Nov 3, 1994
Sold by
Alvarez Manuel and Alvarez Gladys
Bought by
Cipriano Felipe and Cipriano Maria
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

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.

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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
Macias Espana Arnaldo G $360,000 First American Title Ins Co
Ferreira Nelia M-Ferreira,Jonathan -- --
Ferreira Nelia Maria -- Commonwealth Land Title Insu
Cipriano Felipe $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Espana Arnaldo G $341,025
Closed Macias Espana Arnaldo G $353,479
Previous Owner Ferreira Nelia Maria $225,885
Previous Owner Ferreira Luis $195,000
Previous Owner Ferreira Jose $396,000
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 $10,986 $571,000 $196,800 $374,200
2024 $13,766 $571,000 $196,800 $374,200
2023 $13,766 $43,800 $13,500 $30,300
2022 $13,394 $43,800 $13,500 $30,300
2021 $13,117 $43,800 $13,500 $30,300
2020 $12,821 $43,800 $13,500 $30,300
2019 $12,625 $43,800 $13,500 $30,300
2018 $12,502 $43,800 $13,500 $30,300
2017 $12,153 $43,800 $13,500 $30,300
2016 $12,154 $43,800 $13,500 $30,300
2015 $11,431 $43,800 $13,500 $30,300
2014 -- $43,800 $13,500 $30,300
Source: Public Records

Map

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

701 Madison Ave Unit 703, Elizabeth, NJ

This home is located at 701 Madison Ave Unit 703, Elizabeth, NJ 07201 and is currently estimated at $727,335, approximately $269 per square foot. 701 Madison Ave Unit 703 is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6, Elizabeth High School, and Bruriah High School For Girls.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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