NOT LISTED FOR SALE

702 Westfield Ave Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $540,000 - $780,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 09, 2024

Last sale price $680,000

Est. 1% decrease in value since last sale

Current estimated payment $4,028/month

7 Days on Market

About This Home

As of January 2024

This home is located at 702 Westfield Ave, Elizabeth, NJ 07208 since 18 October 2023 and is currently estimated at $670,131. 702 Westfield Ave is a home located in Union County with nearby schools including Number 12, Elmora Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

Eric Vera

NEW AND MODERN GROUP Brokerage Phone: 201-256-1422 Listed on: 10/18/2023

Last Buyer's Agent

Eric Vera

NEW AND MODERN GROUP Brokerage Phone: 201-256-1422 Listed on: 10/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,864

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,864

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5251060
  • Attribution Contact: 201-256-1422
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X200
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 29, 2023
Sold by
702 Westfield Ave Llc
Bought by
Meneus James and Meneus Steve
Seller's Agent
Eric Vera
NEW AND MODERN GROUP
Buyer's Agent
Eric Vera
NEW AND MODERN GROUP
List Price
$669,900
Sold Price
$680,000
Premium/Discount to List
$10,100
1.51%
Views
61
Current Estimated Value
$670,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,869
Avg. Annual Appreciation
-0.77%
Original Mortgage
$653,937
Outstanding Balance
$643,065
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$27,066

Purchase Details

Closed on
Dec 5, 2022
Sold by
Myska Kathleen H
Bought by
702 Westfield Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Meneus James $666,000 American Land Title
Meneus James $666,000 American Land Title
702 Westfield Ave Llc $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meneus James $653,937
Closed Meneus James $653,937
Previous Owner 702 Westfield Ave Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $680,000 +1.5% --
10/30/2023 10/30/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $669,900 -- --
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 $5,864 $519,100 $166,400 $352,700
2024 $7,732 $304,800 $166,400 $138,400
2023 $7,732 $24,600 $7,800 $16,800
2022 $7,522 $24,600 $7,800 $16,800
2021 $7,367 $24,600 $7,800 $16,800
2020 $7,201 $24,600 $7,800 $16,800
2019 $7,091 $24,600 $7,800 $16,800
2018 $7,022 $24,600 $7,800 $16,800
2017 $6,826 $24,600 $7,800 $16,800
2016 $6,826 $24,600 $7,800 $16,800
2015 $6,420 $24,600 $7,800 $16,800
2014 $6,228 $24,600 $7,800 $16,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eric Vera

    NEW AND MODERN GROUP

    (201) 957-3574

    3 in this area

    27 Total Sales

    Eric Vera
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Map

Source: Garden State MLS

MLS Number: 3870424

Garden State MLS

APN: 04-00010-0000-02148-A

New Jersey Union County Elizabeth 07202 Elmora

702 Westfield Ave, Elizabeth, NJ

Not Listed for Sale

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