NOT LISTED FOR SALE

727 Adams Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $710,000 - $959,000

-- Bed
-- Bath
2,710 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $750,000 $277 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,962/month

62 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • 2 Car Attached Garage
  • Elizabeth High School Rated A
  • Porch
  • Patio

About This Home

As of June 2023

Opportunity is knocking! Beautifully maintained Multifamily home in the heart of thriving Elizabeth boasts two spacious, identical units and endless possibilities! Each unit offers 3 Bedrooms, 1 Full Bath, Eat-in-Kitchen, Living rm and separate Dining rm with HW flooring and plenty of natural light all through. Each unit is well kept, generous in size and updated throughout, with ample storage to boast! Basement offers Laundry facilities, convenient Lavatory, Kitchenette and extra shared storage. Large Backyard with Patio and 2 oversized Storage sheds is fenced-in for your privacy and comfort. Oversized 2 Car Garage and private 2 Car Driveway adds to the package! Separate utilities and semi-private entrances. Top Rated School District and a prime commuter location, close to NJ Transit bus line, the Train Station, Rte 9, Newark Airport, the list goes on! An excellent investment opportunity that is not to be missed! Don't wait! Come & see for yourself! *Showings to begin Thurs 4/20*

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 04/20/2023

RE/MAX 1st ADVANTAGE

Co-Listed By

WAYNE LOUX

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,485

Year Built

  • Built in 1966

Lot Details

  • 4,687 Sq Ft Lot
  • Lot Dimensions are 150.00 x 31.25
  • Private Entrance
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,710 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Utility Room
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Kitchen in Basement
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Patio
  • Shed
  • Outdoor Grill
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric fuel water gas), unit 2 owner pays(see remarks water)

Community Details

Amenities

  • Community Storage Space

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,485

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1076
  • Lot Size: 150.00 x 31.25
  • Co List Office Mls Id: RFIR03
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1966
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven)
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(See Remarks,Water)
  • Has Basement: Full, Lavatory (No Sink), Exterior Entry, Storage Space, Tenant Use, Interior Entry, Utility Room, Kitchen, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 2710
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Level, Near Public Transit
  • Exterior Features: Barbecue, Patio, Curbs, Porch(es) - Open, Sidewalk, Fencing/Wall, Storage Shed, Yard, Blinds, Semi-Private Entry, Porch, Storage Area-Common
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch(es) - Open, Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Built-In Garage, 3-4 Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 4687

Tax Info

  • Tax Annual Amount: 13485
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 1988
Bought by
Silva Carmino and Silva Merces
Current Estimated Value
$825,710
Source: Public Records

Range of Values:

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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
Silva Carmino $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Mirta $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $750,000 +7.1% $277 / Sq Ft
04/20/2023 04/20/23 For Sale $699,999 -- $258 / Sq Ft
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
2024 $17,287 $673,400 $224,100 $449,300
2023 $17,287 $55,000 $10,800 $44,200
2022 $16,818 $55,000 $10,800 $44,200
2021 $16,471 $55,000 $10,800 $44,200
2020 $16,099 $55,000 $10,800 $44,200
2019 $15,853 $55,000 $10,800 $44,200
2018 $15,699 $55,000 $10,800 $44,200
2017 $15,261 $55,000 $10,800 $44,200
2016 $15,262 $55,000 $10,800 $44,200
2015 $14,354 $55,000 $10,800 $44,200
2014 $13,924 $55,000 $10,800 $44,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Dekanski

    Seller's Agent in 2023

    Robert Dekanski

    RE/MAX

    (800) 691-0485

    5 in this area

    2,924 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2023

    WAYNE LOUX

    RE/MAX

    (732) 744-4842

    1 in this area

    66 Total Sales

    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2311075R

All Jersey MLS

APN: 04-00008-0000-00069

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

727 Adams Ave, Elizabeth, NJ

This home is located at 727 Adams Ave, Elizabeth, NJ 07201 since 20 April 2023 and is currently estimated at $825,710, approximately $304 per square foot. This property was built in 1966. 727 Adams Ave 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.

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