NOT LISTED FOR SALE

Estimated Value: $457,000 - $476,000

4 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $445,000

Est. 5% increase in value since last sale

Current estimated payment $3,458/month

16 Days on Market

About This Home

As of April 2024

This home is located at 1042 Lorraine Ave, Union, NJ 07083 since 07 March 2024 and is currently estimated at $468,333. This property was built in 1939. 1042 Lorraine Ave is a home located in Union County with nearby schools including Livingston Elementary School, Kawameeh Middle School, and Union High School.

Last Agent to Sell the Property

Douglass Holmes

HOWARD HANNA RAND REALTY Brokerage Phone: 973-740-1881 Listed on: 03/07/2024

HOWARD HANNA RAND REALTY

Last Buyer's Agent

JENNIFER DASILVA

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,946

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Union
  • Street Number Display: 1042
  • I D: 5273932
  • Modified: 2025-04-11
  • Number Images: 1
  • Attribution Contact: 973-740-1881
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.00

Lot Info

  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 8, 2024
Sold by
Demeola Patricia J
Bought by
Guaman Virgilio
Seller's Agent
Douglass Holmes
HOWARD HANNA RAND REALTY
Buyer's Agent
JENNIFER DASILVA
SIGNATURE REALTY NJ
List Price
$499,900
Sold Price
$445,000
Premium/Discount to List
-$54,900
-10.98%
Total Days on Market
16
Views
87
Current Estimated Value
$468,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,333
Avg. Annual Appreciation
4.58%
Original Mortgage
$453,435
Outstanding Balance
$448,667
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$19,666

Purchase Details

Closed on
May 12, 2020
Sold by
Demeola Patsy T and Demeola Patricia J
Bought by
Demeola Patricia J
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 Buyer Sale Price Title Company
Guaman Virgilio $445,000 Nu World Title
Demeola Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guaman Virgilio $453,435
Previous Owner Demeola Patsy T $136,000
Previous Owner Demeola Patsy T $260,829
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $445,000 -5.3% --
03/26/2024 03/26/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $469,900 -6.0% --
03/10/2024 03/10/24 For Sale $499,900 -- --
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 $9,946 $45,900 $20,900 $25,000
2023 $9,946 $45,900 $20,900 $25,000
2022 $9,600 $45,900 $20,900 $25,000
2021 $9,368 $45,900 $20,900 $25,000
2020 $9,181 $45,900 $20,900 $25,000
2019 $9,057 $45,900 $20,900 $25,000
2018 $8,903 $45,900 $20,900 $25,000
2017 $8,771 $45,900 $20,900 $25,000
2016 $8,558 $45,900 $20,900 $25,000
2015 $8,166 $45,900 $20,900 $25,000
2014 $7,977 $45,900 $20,900 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3889682

Garden State MLS

APN: 19-01608-0000-00040