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Backup Offers

1011 Olive St, Elizabeth, NJ, 07201

$314,000

Home List Price

$3,729*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
838 SqFt
$375/SqFt
House
Schools Nearby

Location

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1011 Olive St, Elizabeth$314,000

Buyer Closing Credits

$3,729*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone, On Street
Year Built1900
HeatingHot Water
CoolingNone
MLS #2311501R
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Under Contract)

About 1011 Olive St

Great home with loads of potential in this vintage colonial that requires some renovation and upgrading. Close to highways and Newark Airport. Easy access to public transportation, Shopping & Restaurants. This home is being sold strictly As Is. Buyer responsible for any & all inspections & Certifications.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Stories: 1
  • Living Area: 838 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTORS

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator, Water Heater
  • Flooring Type: Wood
  • Interior: 1 Bedroom, Kitchen, Bath Half, Family Room, 2 Bedrooms, Bath Full

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Open Porch(es), Curbs, Door(s)-Storm/Screen, Sidewalk, Fencing/Wall, Yard

Parking Information:

  • Parking: None, On Street

Lot Features

Lot Information:

  • Lot: See Remarks, Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Thomas Jefferson Arts Academy, Public District Grades 9-12
  • John E. Dwyer Technology Academy, Public District Grades 9-12
  • Alexander Hamilton Preparatory Academy, Public District Grades 9-12
  • Louverture-Lafayette School #6, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,000
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $4,410
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elizabeth, NJ.

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Elizabeth, NJ

City

Med. Sold Price

$430K

Med. Price/SqFt

$269

Avg. Days On Market

14

# of Sold Homes

16

1011 Olive St vs Elizabeth

363 DAYS ON ROCKET

+349 Days

$314,000

-$116K Less

$375/SqFt

+$106 More

KEY TAKEAWAY

This property is $116K less than the Median Sold Price and $106/SqFt more than other homes in Elizabeth, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2311501R

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTORS

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,410$15,300
2019$4,367$15,300
2018$4,245$15,300
2017$4,245$15,300

History based on county public records data.

Payment Calculator

$1,635

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,008

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1278868
4
/10

  • Louverture-Lafayette School #6

  • 1071 Julia St

  • 0.20 miles

  • Public District Grades PK-8

High School

school-card-donut-1278869
3
/10

  • Thomas Jefferson Arts Academy

  • 27 Martin Luther King Plz

  • 0.68 miles

  • Public District Grades 9-12

school-card-donut-1278870
1
/10

  • John E. Dwyer Technology Academy

  • 123 Pearl St

  • 0.87 miles

  • Public District Grades 9-12

school-card-donut-1278871
6
/10

  • Alexander Hamilton Preparatory Academy

  • 310 Cherry St

  • 1.01 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,905. The majority of Elizabeth, NJ residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1011 Olive St

What is the listing price of this property?

The listing price of 1011 Olive St property is $314,000.

What type of property is this?

The property 1011 Olive St is a house located in Elizabeth, New Jersey, 07201.

Is this property for sale now?

Accepting Backup Offers: 1011 Olive St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1011 Olive St are:
Louverture-Lafayette School #6: GreatSchools Rating 4/10
Thomas Jefferson Arts Academy: GreatSchools Rating 3/10
John E. Dwyer Technology Academy: GreatSchools Rating 1/10
Alexander Hamilton Preparatory Academy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,410 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1011 Olive St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1011 Olive St is 838 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1011 Olive St is 1900.

Rocket Homes›New Jersey›Union County›Elizabeth›07201›1011 Olive St

This home is located at 1011 Olive St in Elizabeth, NJ and zip code 07201. This 838 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 29, 2023 and is currently priced at $314,000.

Elizabeth, NJ housing market in March 2024 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 6 sold below. The number of listings in Elizabeth, NJ increased by 27.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 14 days, the median list price was $430,000.

From Rocket Homes Real Estate and based on county public records data.

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