NOT LISTED FOR SALE

724 Westfield Ave Unit 2 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $297,000 - $393,000

2 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 05, 2020

Last sale price $230,000

Est. 55% increase in value since last sale

Current estimated payment $2,355/month

Highlights

  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • Elizabeth High School Rated A
  • Combination Dining and Living Room

About This Home

As of September 2024

This home is located at 724 Westfield Ave Unit 2, Elizabeth, NJ 07208 since 11 August 2024 and is currently priced at $355,759. This property was built in 2005. 724 Westfield Ave Unit 2 is a home located in Union County with nearby schools including Number 21, Victor Mravlag Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Rent the Property

ERICK PARRA-MENDOZA

LIFESTYLE INTERNATIONAL REALTY Listed on: 08/11/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,709

Year Built

  • Built in 2005

Lot Details

  • 10,019

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Recirculated Exhaust Fan
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Paved Parking
  • On-Site Parking

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • 12 Month Lease Term

Community Details

Overview

  • See Remarks Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,709

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: See Remarks

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 200.00 x 50.00
  • Subdivision Name: See Remarks
  • Architectural Style: Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2005
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Pantry
  • Appliances: See Remarks, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl-Linoleum
  • Interior Amenities: 2 Bedrooms, Bath Full, None
  • Stories: 1

Exterior Features

  • Direction Faces: North

Garage/Parking

  • Parking Features: See Remarks, On Site, Paved, Covered

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, See Remarks, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 5, 2020
Sold by
Enciso Guillermo
Bought by
Arellano Douglas E Fuentes and Acosta Luisa M
Seller's Agent
Debra Marshall
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
CHRISTIAN TORRES
BHGRE ELITE
List Price
$233,000
Sold Price
$230,000
Premium/Discount to List
-$3,000
-1.29%
Current Estimated Value
$355,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,759
Avg. Annual Appreciation
8.86%
Original Mortgage
$218,500
Outstanding Balance
$194,344
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$161,415

Purchase Details

Closed on
Dec 31, 2014
Sold by
Florez Humberto and Florez Myriam
Bought by
Enciso Guillermo

Purchase Details

Closed on
Apr 27, 2011
Sold by
Revollo Nury and Aponte Blanca L
Bought by
Florez Humberto and Florez Myriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,340
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Port Builders Corporationinc
Bought by
Revollo Nury and Aponte Blanca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Arellano Douglas E Fuentes $230,000 New Horizon Abstract
Enciso Guillermo -- Multiple
Florez Humberto $152,600 Multiple
Revollo Nury $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Douglas E Fuentes $218,500
Previous Owner Florez Humberto $137,340
Previous Owner Revollo Nury $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Rented $2,500 0.0% --
09/03/2024 09/03/24 Price Changed $2,500 -5.7% --
08/11/2024 08/11/24 For Rent $2,650 0.0% --
10/05/2020 10/05/20 Sold $230,000 -1.3% -- View Prior Sale
08/04/2020 08/04/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $233,000 -- --
Source: All Jersey 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 $5,709 $296,700 $90,100 $206,600
2024 $7,386 $296,700 $90,100 $206,600
2023 $7,386 $23,500 $7,100 $16,400
2022 $7,186 $23,500 $7,100 $16,400
2021 $7,038 $23,500 $7,100 $16,400
2020 $6,879 $23,500 $7,100 $16,400
2019 $6,774 $23,500 $7,100 $16,400
2018 $6,708 $23,500 $7,100 $16,400
2017 $7,214 $26,000 $7,100 $18,900
2016 $7,215 $26,000 $7,100 $18,900
2015 $6,786 $26,000 $7,100 $18,900
2014 $6,582 $26,000 $7,100 $18,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2502270R

All Jersey MLS

APN: 04-00010-0000-02154-0000-C-2