Kerwin Lynch
RE/MAX FIRST REALTY II
(973) 382-9939
46 Total Sales
2 in Downtown Elizabeth
$300,000 Price Range
702 Madison Ave Unit 2 Elizabeth, NJ 07201
Downtown Elizabeth NeighborhoodEstimated Value: $789,517
Studio
6
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of June 2024This home is located at 702 Madison Ave Unit 2, Elizabeth, NJ 07201 since 02 March 2024 and is currently priced at $789,517. 702 Madison Ave Unit 2 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.
Last Agent to Sell the Property
BHGRE ELITE Brokerage Phone: 908-316-8530 Listed on: 03/02/2024
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
Property Details
Home Type
- Multi-Family
Lot Details
- 3,485 Sq Ft Lot
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2024
Closed on
Jun 4, 2024
Sold by
Bought by
Seller's Agent
Christian Cobo
BHGRE ELITE
Buyer's Agent
Romina Scandroglio
KELLER WILLIAMS METROPOLITAN
List Price
$739,000
Sold Price
$810,000
Premium/Discount to List
$71,000
9.61%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,483
Avg. Annual Appreciation
-1.18%
Original Mortgage
$400,000
Outstanding Balance
$391,479
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$398,038
Purchase Details
Closed on
Jun 24, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,715
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 28, 2013
Sold by
Bought by
Purchase Details
Closed on
Aug 22, 2012
Sold by
Bought by
Purchase Details
Closed on
Mar 31, 2004
Sold by
Bought by
Purchase Details
Closed on
Mar 17, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,853
Interest Rate
8.31%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Elizabeth, NJ
-
Kerwin Lynch
-
Victoria Bravo
Victoria Bravo
RE/MAX NEW MILLENNIUM GROUP
(908) 460-7995
21 Total Sales
1 in Downtown Elizabeth
$615,000 Price
-
Jack Yao
Jack Yao
Realmart Realty, LLC
(732) 838-6992
1,412 Total Sales
1 in Downtown Elizabeth
$460,000 Price
-
Peter Moriello
Peter Moriello
Real
(908) 460-8554
112 Total Sales
1 in Downtown Elizabeth
$350,000 Price
-
Nereyda Martinez
Nereyda Martinez
RE/MAX LIFETIME REALTORS
(848) 281-0621
47 Total Sales
2 in Downtown Elizabeth
$266K - $660K Price Range
-
Maria Schmidt
Maria Schmidt
Better Homes and Gardens Real Estate Elite
(908) 845-8494
28 Total Sales
2 in Downtown Elizabeth
$290K - $319K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $785,000 | Acres Land Title | ||
| $295,000 | None Available | ||
| $10 | -- | ||
| $120,000 | Alta Title Insurance Commi | ||
| $390,000 | -- | ||
| $215,000 | First American | ||
| $103,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | $288,715 | ||
| Previous Owner | $197,853 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $810,000 | +9.6% | -- |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 03/17/2024 03/17/24 | For Sale | $739,000 | -- | -- |
Source: Garden State MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,933 | $641,200 | $167,000 | $474,200 |
| 2025 | $12,933 | $641,200 | $167,000 | $474,200 |
| 2024 | $14,018 | $573,200 | $167,000 | $406,200 |
| 2023 | $13,638 | $44,600 | $7,800 | $36,800 |
| 2022 | $13,638 | $44,600 | $7,800 | $36,800 |
| 2021 | $13,357 | $44,600 | $7,800 | $36,800 |
| 2020 | $13,055 | $44,600 | $7,800 | $36,800 |
| 2019 | $12,856 | $44,600 | $7,800 | $36,800 |
| 2018 | $12,730 | $44,600 | $7,800 | $36,800 |
| 2017 | $12,375 | $44,600 | $7,800 | $36,800 |
| 2016 | $12,376 | $44,600 | $7,800 | $36,800 |
| 2015 | $11,640 | $44,600 | $7,800 | $36,800 |
| 2014 | -- | $44,600 | $7,800 | $36,800 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Cobo
Seller's Agent in 2024
Christian Cobo
BHGRE ELITE
(908) 884-5316
13 in this area
266 Total Sales
-
Romina Scandroglio
Buyer's Agent in 2024
Romina Scandroglio
KELLER WILLIAMS METROPOLITAN
(908) 486-0005
4 in this area
239 Total Sales
Map
Source: Garden State MLS
MLS Number: 3890121
APN: 04-00012-0000-00662
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.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Nearby Homes
- 657 Jefferson Ave
- 708 Jefferson Ave
- 716 - 718 Monroe Ave
- 637 Jefferson Ave
- 632 Monroe Ave
- 658 Adams Ave
- 1071 North Ave
- 608 Adams Ave
- 733 Jackson Ave
- 626 Pennsylvania Ave
- 620 Pennsylvania Ave Unit 2
- 600 Pennsylvania Ave Unit 602
- 1058 Fanny St
- 21 Hazard Place
- 934 Monroe Ave Unit 936
- 532 Walnut St
- 954 Madison Ave Unit 2
- 1007 Julia St
- 956 Adams Ave Unit 958
- 704 712 N Broad St Unit 8B
- 704 Madison Ave
- 702-704 Madison Ave
- 702 Madison Ave Unit 704
- 700 Madison Ave Unit 702
- 706 Madison Ave
- 708 Madison Ave
- 1109 Louisa St
- 710 Madison Ave Unit 2
- 668 Madison Ave Unit 72
- 714 Madison Ave Unit 716
- 701 Madison Ave Unit 703
- 705 Madison Ave Unit 707
- 701-703 Madison Ave
- 703 Jefferson Ave
- 705 Jefferson Ave
- 716 Madison Ave Unit 718
- 709 Madison Ave Unit 11
- 673 Madison Ave
- 664 Madison Ave Unit 666
- 701 Jefferson Ave Unit 1st floor
Your Personal Tour Guide
Ask me questions while you tour the home.