NOT LISTED FOR SALE

1141 Falls Terrace Union, NJ 07083

Estimated Value: $564,159 - $631,000

3 Beds
1 Bath
1 Sq Ft
$598,540/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $430,000 $430,000 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,970/month

11 Days on Market

About This Home

As of January 2021

This home is located at 1141 Falls Terrace, Union, NJ 07083 since 12 November 2020 and is currently estimated at $598,540, approximately $598,540 per square foot. This property was built in 1950. 1141 Falls Terrace is a home located in Union County with nearby schools including Connecticut Farms Elementary School, Union High School, and St Michael Parish School.

Last Agent to Sell the Property

ALBERT TORRES

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 908-386-5542 Listed on: 11/12/2020

Co-Listed By

CHRISTOPHER CHIN

COLDWELL BANKER REALTY Brokerage Phone: 908-386-5542

Last Buyer's Agent

Thomas Hanle

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,566

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,566

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 1141
  • I D: 5031751
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-386-5542
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 50X102
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 18, 2021
Sold by
Pagan Luz and Dang Vinh T
Bought by
Barbella Daniel E and Barbella Vanessa Y
Seller's Agent
ALBERT TORRES
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Thomas Hanle
COLDWELL BANKER REALTY
List Price
$389,000
Sold Price
$430,000
Premium/Discount to List
$41,000
10.54%
Current Estimated Value
$598,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,540
Avg. Annual Appreciation
7.31%
Original Mortgage
$387,000
Outstanding Balance
$346,129
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$252,411

Purchase Details

Closed on
Nov 17, 2005
Sold by
Fernandes Narciso
Bought by
Pagan Luz and Dang Vinh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Barbella Daniel E $430,000 Safe Land Title Agency Llc
Pagan Luz $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbella Daniel E $387,000
Previous Owner Pagan Luz $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $430,000 +10.5% $430,000 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $389,000 -- $389,000 / Sq Ft
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
2025 $9,566 $42,800 $20,000 $22,800
2024 $9,274 $42,800 $20,000 $22,800
2023 $9,274 $42,800 $20,000 $22,800
2022 $8,952 $42,800 $20,000 $22,800
2021 $8,735 $42,800 $20,000 $22,800
2020 $8,561 $42,800 $20,000 $22,800
2019 $8,446 $42,800 $20,000 $22,800
2018 $8,302 $42,800 $20,000 $22,800
2017 $8,179 $42,800 $20,000 $22,800
2016 $7,980 $42,800 $20,000 $22,800
2015 $7,847 $42,800 $20,000 $22,800
2014 $7,671 $42,800 $20,000 $22,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ALBERT TORRES

    CHRISTIE'S INT. REAL ESTATE GROUP

  • C

    Seller Co-Listing Agent in 2021

    CHRISTOPHER CHIN

    COLDWELL BANKER REALTY

  • Thomas Hanle

    Buyer's Agent in 2021

    Thomas Hanle

    COLDWELL BANKER REALTY

    (973) 653-8445

    1 in this area

    21 Total Sales

    Thomas Hanle
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Map

Source: Garden State MLS

MLS Number: 3678005

Garden State MLS

APN: 19-04208-0000-00030

New Jersey Union County Union Township 07083

1141 Falls Terrace, Union Township, NJ

This home is located at 1141 Falls Terrace, Union, NJ 07083 since 12 November 2020 and is currently estimated at $598,540, approximately $598,540 per square foot. This property was built in 1950. 1141 Falls Terrace is a home located in Union County with nearby schools including Connecticut Farms Elementary School, Union High School, and St Michael Parish School.

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