NOT LISTED FOR SALE

718 Grier Ave Unit 2 Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $489,000 - $750,000

-- Bed
2 Baths
-- Sq Ft
25 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $470,000

Est. 32% increase in value since last sale

Current estimated payment $3,976/month

41 Days on Market

About This Home

As of July 2021

This home is located at 718 Grier Ave Unit 2, Elizabeth, NJ 07202 since 05 April 2021 and is currently estimated at $618,279. This property was built in 1911. 718 Grier Ave Unit 2 is a home located in Union County with nearby schools including Mabel G. Holmes School No. 5, Elizabeth High School, and Sinai Christian Academy.

Last Agent to Sell the Property

MARIA BERGANZA

CENTURY 21 ALLIANCE REALTY Brokerage Phone: 908-587-5222 Listed on: 04/05/2021

Last Buyer's Agent

Pablo Boccardo

SIGNATURE REALTY NJ

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,533

Year Built

  • Built in 1911

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,533

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Union
  • I D: 5060463
  • Attribution Contact: 908-587-5222
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.75X200
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Jul 7, 2021
Sold by
Orozco Oscar and Orozco Ana I
Bought by
Reyes Franklin N and Ramirez Ricardo
Seller's Agent
MARIA BERGANZA
CENTURY 21 ALLIANCE REALTY
Buyer's Agent
Pablo Boccardo
SIGNATURE REALTY NJ
List Price
$440,000
Sold Price
$470,000
Premium/Discount to List
$30,000
6.82%
Current Estimated Value
$618,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,279
Avg. Annual Appreciation
6.46%
Original Mortgage
$461,487
Outstanding Balance
$419,111
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$199,168

Purchase Details

Closed on
Jun 1, 2010
Sold by
Menendez Roberto
Bought by
Orozco Oscar and Orozco Ana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2003
Sold by
Sierra Miguel
Bought by
Menedez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,900
Interest Rate
5.27%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Lesniak Raymond and Lesniak Catherine
Bought by
Sierra Miguel and Sierra Fanny
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
Reyes Franklin N $470,000 Foundation Title Llc
Reyes Franklin N $470,000 Foundation Title
Orozco Oscar $190,000 First American Title Ins Co
Menedez Roberto $235,000 --
Sierra Miguel $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Franklin N $461,487
Closed Reyes Franklin N $461,487
Previous Owner Orozco Oscar $186,558
Previous Owner Menedez Roberto $227,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $470,000 +6.8% --
05/16/2021 05/16/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $440,000 -- --
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
2025 $8,533 $443,500 $193,200 $250,300
2024 $9,083 $443,500 $193,200 $250,300
2023 $9,083 $28,900 $8,000 $20,900
2022 $8,837 $28,900 $8,000 $20,900
2021 $8,655 $28,900 $8,000 $20,900
2020 $8,459 $28,900 $8,000 $20,900
2019 $8,330 $28,900 $8,000 $20,900
2018 $8,249 $28,900 $8,000 $20,900
2017 $8,019 $28,900 $8,000 $20,900
2016 $8,019 $28,900 $8,000 $20,900
2015 $7,543 $28,900 $8,000 $20,900
2014 $7,316 $28,900 $8,000 $20,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARIA BERGANZA

    CENTURY 21 ALLIANCE REALTY

  • P

    Buyer's Agent in 2021

    Pablo Boccardo

    SIGNATURE REALTY NJ

    (908) 966-2751

    6 in this area

    82 Total Sales

    Pablo Boccardo
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Map

Source: Garden State MLS

MLS Number: 3702533

Garden State MLS

APN: 04-00004-0000-00693

New Jersey Union County Elizabeth 07202 Bayway

718 Grier Ave Unit 2, Elizabeth, NJ

Not Listed for Sale

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