NOT LISTED FOR SALE

1048 Falls Terrace Union, NJ 07083

Union Area

Estimated Value: $570,000 - $651,000

4 Beds
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: July 31, 2025

Last sale price $595,000

Est. 2% increase in value since last sale

Current estimated payment $4,010 / mo

14 Days on Market

About This Home

As of July 2025

This home is located at 1048 Falls Terrace, Union, NJ 07083 since 04 June 2025 and is currently estimated at $609,835. This property was built in 1930. 1048 Falls Terrace is a home located in Union County with nearby schools including Hannah Caldwell Elementary School, Burnet Middle School, and Union High School.

Last Agent to Sell the Property

Nader Rezai

PROMINENT PROPERTIES SIR Brokerage Phone: 201-333-7717 Listed on: 06/04/2025

PROMINENT PROPERTIES SIR

Last Buyer's Agent

MILAGROS RODRIGUEZ

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 3,485 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 1930
  • County Name: Union
  • I D: 5360949
  • Attribution Contact: 201-333-7717
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jul 29, 2025
Sold by
Bought by
Seller's Agent
Nader Rezai
PROMINENT PROPERTIES SIR
Buyer's Agent
MILAGROS RODRIGUEZ
WEICHERT REALTORS
List Price
$549,000
Sold Price
$595,000
Premium/Discount to List
$46,000
8.38%
Views
85
Current Estimated Value
$609,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,835
Avg. Annual Appreciation
2.65%
Original Mortgage
$476,000
Interest Rate
0.0674%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2018
Sold by
Bought by

Purchase Details

Closed on
May 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 Fidelity National Title
$230,000 Fidelity Natl Title Ins Co
-- --
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $476,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $595,000 +8.4% --
06/18/2025 06/18/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $549,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,606 $36,900 $14,000 $22,900
2025 $8,606 $36,900 $14,000 $22,900
2024 $7,996 $36,900 $14,000 $22,900
2023 $7,996 $36,900 $14,000 $22,900
2022 $7,718 $36,900 $14,000 $22,900
2021 $7,531 $36,900 $14,000 $22,900
2020 $7,381 $36,900 $14,000 $22,900
2019 $7,281 $36,900 $14,000 $22,900
2018 $7,157 $36,900 $14,000 $22,900
2017 $7,052 $36,900 $14,000 $22,900
2016 $6,880 $36,900 $14,000 $22,900
2015 $6,766 $36,900 $14,000 $22,900
2014 $6,614 $36,900 $14,000 $22,900
Source: Public Records

Agents Affiliated with this Home

  • Nader Rezai

    Seller's Agent in 2025

    Nader Rezai

    PROMINENT PROPERTIES SIR

    (201) 736-5713

    80 Total Sales

    Nader Rezai
    Section Image

  • M

    Buyer's Agent in 2025

    MILAGROS RODRIGUEZ

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3967298

Garden State MLS

APN: 19-04216-0000-00002

New Jersey Union County Union 07083

1048 Falls Terrace, Union, NJ

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