$480,000
SOLD OCT 25, 2022

1018 Falls Terrace Union, NJ 07083

3 Beds
1.5 Baths
-- Sq Ft
36 Sq Ft Lot

Recently Sold

2% Below List Price

33 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Mud Room
  • Recreation Room
  • Attic
  • Home Office

About This Home

As of October 2022

Welcome Home to this Expanded Colonial in Excellent Condition. Move in ready, Offering 3 Bedrooms and 1 and half Baths, Formal Living Room , Dinning Room and Family Room. New Eat in Kitchen, cabinetry and stainless steel appliances. Central A/C, Nest Smart Security System , Vinyl Siding & Oversize Garage. Close to schools, shops & Public Transport. Ceramic Floors in Eat in Kitchen, Hardwood floors in first & under carpet in second floor. Basement partially finished to be completed with Rec. Room, small office space, and large mud room and laundry room. Full bath in basement is ready for toilet install.

Last Agent to Sell the Property

MELANIE M. JIMENEZ

NEST SEEKERS NEW JERSEY LLC Brokerage Phone: 908-656-1707 Listed on: 08/18/2022

Co-Listed By

Elliot Smego

NEST SEEKERS NEW JERSEY LLC Brokerage Phone: 908-656-1707

Last Buyer's Agent

TODD SEWARD

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,940

Year Built

  • Built in 1930

Lot Details

  • 36 Sq Ft Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Hannah Elementary School
  • Burnet Middle School
  • Union High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2919-04216-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,940

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Washer and dryer.
  • Renovated Year: 2016
  • Street Number Display: 1018
  • Directions: Morris Ave to Falls ter
  • I D: 5173407
  • Modified: 2023-10-26
  • Number Images: 19
  • First Name: MELANIE M.
  • First Name2: RAYMOND
  • First Name3: TODD
  • Last Name: JIMENEZ
  • Last Name2: SMEGO-BARRANCO
  • Last Name3: SEWARD
  • Office Phone: 908-316-8516
  • Office Phone3: 732-634-9100
  • Attribution Contact: 908-656-1707
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, OvnWElec
  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Security System, Smoke Detector, TubOnly
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Unfinished
  • Basement Level Rooms: Laundry Room, MudRoom, Office, Rec Room, Toilet, Utility Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 9x16
  • Kitchen Level: First
  • Living Room Dim: 23x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 15x11
  • Other Room1 Level: Basement
  • Other Room 2: Toilet
  • Other Room2 Dim: 8x5
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 25x26
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 21x28
  • Other Room4 Level: Third
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Living Room, Toilet
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic, Storage Room, Utility Room
  • Phone: 908-386-5542

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Patio, Privacy Fence, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, On-Street Parking

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Hannah
  • Middle School: Burnet
  • High School: Union
  • High School: Union
  • Middle Jr High School: Burnet

Lot Info

  • Lot Size: 36.87X98
  • Assessed Improvement Value: 25200
  • Assessed Land Value: 14500
  • Assessment: 39700
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7940
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-04216-0000-00013-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 20.409
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Hannah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 25, 2022
Sold by
Fernandez Mauro J and Fernandez Nancy
Bought by
Tavarez Angela
Seller's Agent
MELANIE M. JIMENEZ
NEST SEEKERS NEW JERSEY LLC
Buyer's Agent
TODD SEWARD
RE/MAX FIRST REALTY II
List Price
$489,500
Sold Price
$480,000
Premium/Discount to List
-$9,500
-1.94%
Current Estimated Value
$562,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,044
Avg. Annual Appreciation
6.58%
Original Mortgage
$450,000
Outstanding Balance
$438,208
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$138,117

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 7, 2016
Sold by
Palmira A Decampos
Bought by
Fernandez Mauro
Seller's Agent
FRANK VALENTI
RAMOS REAL ESTATE INC
Buyer's Agent
Melanie Selk
RE/MAX SELECT
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$274,928
Interest Rate
3.59%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Westcor Land Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $295,000 New Conventional
Previous Owner $274,928 No Value Available
Previous Owner -- No Value Available
Previous Owner $274,928 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $480,000 -1.9% --
09/20/2022 09/20/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $489,500 +74.8% --
03/31/2016 03/31/16 Sold $280,000 +1.8% --
02/23/2016 02/23/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $275,000 -- --
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 $8,603 $39,700 $14,500 $25,200
2023 $8,603 $39,700 $14,500 $25,200
2022 $8,304 $39,700 $14,500 $25,200
2021 $8,102 $39,700 $14,500 $25,200
2020 $7,941 $39,700 $14,500 $25,200
2019 $7,834 $39,700 $14,500 $25,200
2018 $7,701 $39,700 $14,500 $25,200
2017 $7,587 $39,700 $14,500 $25,200
2016 $7,402 $39,700 $14,500 $25,200
2015 $7,279 $39,700 $14,500 $25,200
2014 $7,116 $39,700 $14,500 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3802866

Garden State MLS

APN: 19-04216-0000-00013