NOT LISTED FOR SALE

731 Adams Ave Unit 2 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $627,000 - $847,000

-- Bed
4 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold August 19, 2019

Last sale price $459,000

Est. 71% increase in value since last sale

Current estimated payment $5,403/month

116 Days on Market

About This Home

As of August 2019

This home is located at 731 Adams Ave Unit 2, Elizabeth, NJ 07201 since 07 April 2019 and is currently estimated at $757,064. 731 Adams 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 KIPP TEAM Academy.

Last Agent to Sell the Property

JILL GUZMAN

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 04/07/2019

Last Buyer's Agent

Kelley Tate

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,295

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 731
  • I D: 4886341
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-353-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2019
Closed on
Aug 14, 2019
Sold by
Arias Mirta
Bought by
Khan Balai
Seller's Agent
JILL GUZMAN
JILL GUZMAN REALTY
Buyer's Agent
Kelley Tate
BHHS FOX & ROACH
List Price
$459,000
Sold Price
$459,000
Current Estimated Value
$784,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,358
Avg. Annual Appreciation
8.90%
Original Mortgage
$443,680
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Arias Carlos F
Bought by
Arias Mirta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Khan Balai $459,000 First American Title
Arias Mirta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Balal $45,507
Open Khan Balal $435,283
Previous Owner Khan Balai $443,680
Previous Owner Arias Mirta $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $459,000 0.0% --
08/01/2019 08/01/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $459,000 -- --
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
2024 $13,295 $564,300 $210,000 $354,300
2023 $13,295 $42,300 $9,000 $33,300
2022 $12,935 $42,300 $9,000 $33,300
2021 $12,668 $42,300 $9,000 $33,300
2020 $12,382 $42,300 $9,000 $33,300
2019 $12,193 $42,300 $9,000 $33,300
2018 $12,074 $42,300 $9,000 $33,300
2017 $11,737 $42,300 $9,000 $33,300
2016 $11,738 $42,300 $9,000 $33,300
2015 $10,790 $42,300 $9,000 $33,300
2014 -- $42,300 $9,000 $33,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JILL GUZMAN

    JILL GUZMAN REALTY

  • Kelley Tate

    Buyer's Agent in 2019

    Kelley Tate

    BHHS FOX & ROACH

    (908) 273-0400

    12 Total Sales

    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3546483

Garden State MLS

APN: 04-00008-0000-00070

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

731 Adams Ave Unit 2, Elizabeth, NJ

This home is located at 731 Adams Ave Unit 2, Elizabeth, NJ 07201 since 07 April 2019 and is currently estimated at $757,064. 731 Adams 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 KIPP TEAM Academy.

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.

Garden State MLS 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 © 2025 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