$540,000
SOLD NOV 25, 2024

118 Orchard Terrace Union, NJ 07083

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

7% Below List Price

89 Days on Market

About This Home

As of November 2024

This home is located at 118 Orchard Terrace, Union, NJ 07083 and is currently priced at $540,000. This property was built in 1939. 118 Orchard Terrace is a home located in Union County with nearby schools including Connecticut Farms Elementary School, Burnet Middle School, and Union High School.

Last Agent to Sell the Property

Jennifer Lane

COLDWELL BANKER REALTY Brokerage Phone: 908-654-6666 Listed on: 07/15/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

LESLIE FARRELL

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,293

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,293

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Union
  • Street Number Display: 118
  • I D: 5298062
  • Modified: 2024-11-25
  • Number Images: 1
  • Attribution Contact: 908-654-6666
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Nov 20, 2024
Sold by
Joseph Alceste and Cadet Leon G
Bought by
Boucicaut Bernard and Boucicaut Ana
Seller's Agent
Jennifer Lane
COLDWELL BANKER REALTY
Buyer's Agent
LESLIE FARRELL
WEICHERT REALTORS
List Price
$580,000
Sold Price
$540,000
Premium/Discount to List
-$40,000
-6.9%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$529,852
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2000
Sold by
Winson Barbara A
Bought by
Cadet Leon G and Cadet Alceste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,150
Interest Rate
8.5%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $540,000 Elite Title Group
Bargain Sale Deed $540,000 Elite Title Group
Executors Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $529,852 FHA
Previous Owner $144,000 Unknown
Previous Owner $143,150 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $724,900 0.0% --
07/16/2025 07/16/25 Off Market $724,900 -- --
07/12/2025 07/12/25 For Sale $724,900 +34.2% --
11/25/2024 11/25/24 Sold $540,000 -6.9% --
10/15/2024 10/15/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $580,000 -- --
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 $10,293 $47,500 $20,000 $27,500
2023 $10,293 $47,500 $20,000 $27,500
2022 $9,935 $47,500 $20,000 $27,500
2021 $9,694 $47,500 $20,000 $27,500
2020 $9,501 $47,500 $20,000 $27,500
2019 $9,373 $47,500 $20,000 $27,500
2018 $9,214 $47,500 $20,000 $27,500
2017 $9,077 $47,500 $20,000 $27,500
2016 $8,856 $47,500 $20,000 $27,500
2015 $8,709 $47,500 $20,000 $27,500
2014 $8,514 $47,500 $20,000 $27,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3913362

Garden State MLS

APN: 19-04110-0000-00024