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715 Madison Avenue

715 Madison Avenue, Elizabeth, NJ 07201
Property in Union
Sold Aug 26, 2013
$146,000
$143,355 by Sun Home Loans Inc
Mortgage Due Sep 01, 2043
Sold Sep 14, 2006
$345,000
$276,000 by First Magnus Financial Corp
Mortgage Due Oct 01, 2036
Local assessors in Elizabeth, NJ have categorized 715 Madison Avenue as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 3,751 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 715 Madison Avenue has a total of 1,822 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 715 Madison Avenue was last sold in Aug 20, 2013 for $146,000. According to our calculations, that's $80.13 per sqft. Prior to that sales transaction, the property was sold for $345,000 in Aug 6, 2006. Current property owners are expected to pay $10,215 in taxes per year. The property on 715 Madison Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,500. To break that down further, the land itself was valued at $7,300. While improvements to the property were assessed at a total of $25,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,822
  • Building Area: 1,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DAUL WILLIAM S
  • Previous Owner : GONZALEZ FEDERICO G
  • Previous Owner 2: GONZALEZ FANNY
  • Owner Before Previous Owner: ISR ISRAEL PALADINO AKA NELSON
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 031500

Geography

  • District: 04
  • Parcel: 04 00224-0000-00005
  • Block: 224
  • Lot: 5
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6783
  • Longitude: -74.204

    Address

  • Full Address: 715 Madison Ave
  • Address - House Number: 715
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C042
  • 4-Digit Zip Code: 1211
  • Zip Code: 07201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,215

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 457,433
  • High Value: 571,074
  • Low Value: 343,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,355
  • First Open Lien Mortgage Lender: SUN HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 26, 2013
  • First Open Lien Mortgage Loan Amount: $143,355
  • 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, 2043

    Market Valuation

  • Market Total Value: $32,500
  • Market Land Value: $7,300
  • Market Improvement Value: $25,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,500
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $25,200

    Sales

  • Current Sale Contract Date: Aug 20, 2013
  • Current Sale Recording Date: Aug 26, 2013
  • Current Sale Transaction ID: 1120519028
  • Current Sale Price: $146,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 244180
  • Previous Sale Recording Date: Sep 14, 2006
  • Previous Sale Contract Date: Aug 06, 2006
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN HOME LOANS INC
  • First Mortgage Transaction Date: Aug 26, 2013
  • First Mortgage Loan Amount: $143,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Sep 14, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2036

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Frequently Asked Questions

What neighborhood is 715 Madison Avenue located in?
The 715 Madison Avenue is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 715 Madison Avenue?
The average sales price for units in 715 Madison Avenue is $0 currently.

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