Check Availability

223 Palmer Street

223 Palmer Street, Elizabeth, NJ 07202
Multifamily in Union
1 Units For Sale
Unit for sale at 223 Palmer St, Elizabeth City, NJ 07202

$800,000 In Contract

  • 6 Beds
223 Palmer St, Elizabeth City, NJ 07202 Listing by MICHAEL MARTINETTI

This has been categorized as a vacant property type. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 223 Palmer Street sold most recently in Aug 9, 2023 for a total of $822,500. Before that, the property was also sold for $305,000 in May 27, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,457 in taxes each year. 223 Palmer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,000. If we break it down further, the land itself was valued at $11,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Condition

New Construction

Exterior

Vinyl Siding

Parking

Open Parking
Parking Available
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.057
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: ADDITIONAL LOTS: SUBDIV(7-1014)

Ownership

  • Current Owner : SOTO JOHN JAIRO
  • Current Owner 2: SOTO MARIA LUCERO
  • Previous Owner : LUXURY AFFORDABLES LLC
  • Owner Before Previous Owner: BARROS
  • Owner Before Previous Owner 2: MARIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 030900

Geography

  • District: 04
  • Parcel: 04 00644-0000-00021- 02
  • Block: 644
  • Lot: 21.02
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6545
  • Longitude: -74.2036

    Address

  • Full Address: 223 Palmer St
  • Address - House Number: 223
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C047
  • 4-Digit Zip Code: 3917
  • Zip Code: 07202

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $807,601
  • First Open Lien Mortgage Lender: AMERICAN NHBRD MTG ACCEPTANCE
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Loan Amount: $807,601
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $11,000
  • Market Land Value: $11,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $11,000

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Transaction ID: 11911199896
  • Current Sale Price: $822,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 31242
  • Previous Sale Recording Date: Aug 02, 2022
  • Previous Sale Contract Date: May 27, 2022
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NHBRD MTG ACCEPTANCE
  • First Mortgage Transaction Date: Aug 15, 2023
  • First Mortgage Loan Amount: $807,601
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ABL RPC RESIDENTIAL CREDIT ACQ
  • Previous Mortgage Transaction Date: Aug 02, 2022
  • Previous Mortgage Loan Amount: $987,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Elizabeth



Similar Buildings

Multifamily at 223 Palmer Street,

31 Spencer Street

  • 1 Unit for Sale
31 Spencer Street, Elizabeth, NJ 07202
Multifamily at 223 Palmer Street,

325 Spencer Street

  • 1 Unit for Sale
325 Spencer Street, Elizabeth, NJ 07202
Multifamily at 223 Palmer Street,

28 South 5th Street

  • 1 Unit for Sale
  • 2 Stories
28 South 5th Street, Elizabethport, NJ 07206
Multifamily at 223 Palmer Street,

444 3rd Avenue

  • 1 Unit for Sale
444 3rd Avenue, Elizabethport, NJ 07206
Multifamily at 223 Palmer Street,

325 Doyle Street

  • 1 Unit for Sale
325 Doyle Street, Elizabethport, NJ 07206
Multifamily at 223 Palmer Street,

233 South Street

  • 1 Unit for Sale
233 South Street, Elizabeth, NJ 07202
Multifamily at 223 Palmer Street,

210 Atlantic Street

  • 1 Unit for Sale
210 Atlantic Street, Elizabethport, NJ 07206

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 223 Palmer Street located in?
The 223 Palmer Street is a multifamily located in the neighborhood of Union in Elizabeth, Elizabeth.
How many listings are currently for sale in 223 Palmer Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 223 Palmer Street?
The average sales price for units in 223 Palmer Street is $800,000 currently.

Quantcast