NOT LISTED FOR SALE

116 Union Ave Unit 1st Rutherford, NJ 07070

Estimated Value: $674,354 - $772,000

1 Bed
1 Bath
1,695 Sq Ft
$424/Sq Ft Est. Value

About This Home

Nice one bedroom apartment of the first floor of a 2 family house. All good size room. Large entrance foyer, living room, bedroom with walk-in closet. Eat in kitchen which includes the refrigerator and the microwave. Washer and dryer are also included and are in the basement shared with the second fl. tenant. There is also some storage space provided in the basement. Nice hardwood and laminate floors. 2 Parking space. Tenant pays all the utilities. Small pet might be OK. Steps to NYC bus and walking distance to the train and downtown. Credit check and proof of income and employment required. The apartment will be freshly painted.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Oz Korkmaz and Oz Neslihan
Bought by
Fahmy Elham
Current Estimated Value
$718,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,275
Outstanding Balance
$493,531
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$225,308

Purchase Details

Closed on
Feb 9, 2005
Sold by
Vespoli Michael
Bought by
Oz Korkmaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
5.64%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Tierney Richard D
Bought by
Vespoli Michael J and Bolobanic Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,800
Interest Rate
6.7%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fahmy Elham $563,000 Wfg National Title Ins Co
Oz Korkmaz $406,000 --
Vespoli Michael J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahmy Elham $539,275
Previous Owner Oz Korkmaz $348,750
Previous Owner Oz Korkmaz $299,743
Previous Owner Oz Korkmaz $324,800
Previous Owner Vespoli Michael J $157,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2020 09/05/20 Rented $1,550 0.0% --
08/12/2020 08/12/20 For Rent $1,550 -- --

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 $11,797 $387,800 $191,500 $196,300
2023 $11,514 $387,800 $191,500 $196,300
2022 $11,514 $387,800 $191,500 $196,300
2021 $10,622 $387,800 $191,500 $196,300
2020 $11,056 $387,800 $191,500 $196,300
2019 $10,622 $387,800 $191,500 $196,300
2018 $10,474 $387,800 $191,500 $196,300
2017 $10,327 $387,800 $191,500 $196,300
2016 $10,098 $387,800 $191,500 $196,300
2015 $9,823 $387,800 $191,500 $196,300
2014 $9,517 $387,800 $191,500 $196,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map