UPDATE: A stunning single-family home in Elizabeth has just been sold for $725,000, making it the most expensive residential sale in the area for the week of October 27 to November 2. This surge in real estate activity highlights a vibrant market, with a total of 19 residential sales recorded, boasting an average sale price of $489,947.
The notable transaction at 1081 Elizabeth Ave. #83 was finalized on October 10, reflecting the growing demand for housing in Elizabeth. The property, built in 1936, showcases the allure of historical homes in this bustling community.
The following are key properties that contributed to this week’s sales boom:
10. A single-family home at 761 Rahway Ave. sold for $480,000. This property, built in 1926, spans 1,360 square feet and was finalized on October 7.
9. The detached house at 765 Cleveland Ave. #767 fetched $495,000. This 1,586-square-foot residence was finalized on October 15.
8. Another significant sale was recorded at 178-180 Third Street, which sold for $550,000 on October 10.
7. A charming home at 423 Cherry Street in Roselle Park sold for $550,000, with a finalization date of October 14.
6. The residence at 115 Hollywood Ave. in Hillside sold for $560,000 on October 14.
5. A single-family home at 154 W. Clay Ave. in Roselle Park was finalized for $565,000 on October 2.
4. Another strong sale was the property at 608 Faitoute Ave., which sold for $575,000 on October 7.
3. A home at 22 Atlantic Street in Elizabeth reached a sale price of $610,000, finalized on October 16.
2. The detached house at 1296 Bright Street in Hillside sold for $690,000 on October 15.
This week’s real estate activity showcases a dynamic market that continues to draw buyers eager to invest in the Elizabeth area. As prices rise, potential homeowners are advised to act quickly to secure their ideal properties.
Stay tuned for more updates on this rapidly evolving market, as it is essential for prospective buyers and investors to stay informed about current trends and opportunities.
