NOT LISTED FOR SALE

116 42nd St Union City, NJ 07087

Estimated Value: $599,623 - $706,000

2 Beds
2 Baths
2,820 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 06, 2014

Last sale price $144,900 $51 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $4,246/month

32 Days on Market

Highlights

  • Living Room
  • Heating System Uses Steam
  • 3-minute walk to The Michael A. Leggiero Music Park
  • Sara M. Gilmore Academy Rated A-

About This Home

As of January 2014

Short walk to Blvd. East. First Dloor is occupied. Second floor is vacant. Full unfinished basement. Buyer is responsible for any open permits.

Last Agent to Sell the Property

LAURELL ALBANESE

TERRIE O'CONNOR REALTORS License #7936271 Listed on: 01/03/2013

Last Buyer's Agent

Mary Ellen Courtney

TERRIE O'CONNOR REALTORS License #8334672

TERRIE O'CONNOR REALTORS

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 20 x 99

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 00248
  • Assessor Parcel Number 6259

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 6259
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 2
  • Basement: Full, Unfinished
  • Total Living Rooms: 2
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: $875
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: Gas, Steam

Lot Info

  • Total Assessed Value: 192400
  • Assessed Value Year: 2012
  • Geo Address Line: 116 42nd St
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00012
  • Lot Size: 20 X 99

Tax Info

  • Taxes: 12315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2013
Closed on
Dec 16, 2013
Sold by
Hsbc Bank Usa
Bought by
J L R Property Development Llc
Seller's Agent
LAURELL ALBANESE
TERRIE O'CONNOR REALTORS
Buyer's Agent
Mary Ellen Courtney
TERRIE O'CONNOR REALTORS
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$644,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,006
Avg. Annual Appreciation
13.39%
Original Mortgage
$101,500
Outstanding Balance
$76,281
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$568,625

Purchase Details

Closed on
Aug 6, 2010
Sold by
Perez Juan M
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Oct 23, 2003
Sold by
Ortega Rafael
Bought by
Cubas Luis C and Ortega Cubas Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 25, 2003
Sold by
Ortega Rafael
Bought by
Ortega Rafael and Cubas Luis C

Purchase Details

Closed on
Apr 30, 2002
Sold by
Velez Genoveva
Bought by
Ortega Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,700
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Rojas Nevardo
Bought by
Velez Genoveva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.78%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J L R Property Development Llc $144,900 Multiple
Hsbc Bank Usa $423,612 --
Cubas Luis C -- Top Priority Title Agency In
Ortega Rafael -- Top Priority Title
Ortega Rafael $233,000 --
Velez Genoveva -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J L R Property Development Llc $101,500
Previous Owner Cubas Luis C $248,000
Previous Owner Ortega Rafael $209,700
Previous Owner Velez Genoveva $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $144,900 0.0% $51 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $144,900 -- $51 / Sq Ft
Source: Hudson County 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 $10,168 $562,300 $258,300 $304,000
2024 $9,994 $550,200 $252,000 $298,200
2023 $9,994 $130,000 $85,500 $44,500
2022 $9,634 $130,000 $85,500 $44,500
2021 $9,601 $130,000 $85,500 $44,500
2020 $9,491 $130,000 $85,500 $44,500
2019 $9,234 $130,000 $85,500 $44,500
2018 $9,061 $130,000 $85,500 $44,500
2017 $8,975 $130,000 $85,500 $44,500
2016 $8,957 $130,000 $85,500 $44,500
2015 $10,157 $150,000 $85,500 $64,500
2014 $13,407 $202,400 $85,500 $116,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 130000104

Hudson County MLS

APN: 10-00248-0000-00012