NOT LISTED FOR SALE

2040 Edison Terrace Unit 1 Union, NJ 07083

Estimated Value: $517,000 - $694,622

2 Beds
1 Bath
981 Sq Ft
$650/Sq Ft Est. Value

About This Home

This home is located at 2040 Edison Terrace Unit 1, Union, NJ 07083 and is currently estimated at $637,406, approximately $649 per square foot. 2040 Edison Terrace Unit 1 is a home located in Union County with nearby schools including Franklin Elementary School, Burnet Middle School, and Union High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Campbell Sherwin and Campbell Marlyse
Bought by
Dube Samson K
Current Estimated Value
$637,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,956
Outstanding Balance
$362,024
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$265,555

Purchase Details

Closed on
Oct 18, 2007
Sold by
Taco Marcelo and Desouza Maria L
Bought by
Campbell Sherwin and Campbell Marlyse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Fabian Marcelo Taco
Bought by
Fabian Marcelo Taco and Desouza Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2005
Sold by
Marcelo Taco
Bought by
Marcelo Taco and Desouza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,500
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2004
Sold by
Germain Donald
Bought by
Marcelo Taco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,195
Interest Rate
6.25%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Germain Donald and Germain Mirana
Bought by
Germain Donald and Germain Mirana

Purchase Details

Closed on
Feb 20, 1997
Sold by
Russo Dominick and Russo Lorenzina
Bought by
Germain Donald and Germain Mirana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,005
Interest Rate
7.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Dube Samson K $416,500 Quality Ttl & Abstract Agcy
Campbell Sherwin $381,000 All Jersey Title Llc
Fabian Marcelo Taco -- --
Marcelo Taco -- --
Marcelo Taco $390,000 --
Germain Donald -- Old Republic Title
Germain Donald $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dube Samson K $100,583
Open Dube Samson K $408,956
Previous Owner Campbell Marlyse $289,900
Previous Owner Campbell Sherwin $302,000
Previous Owner Campbell Marlyse $40,000
Previous Owner Fabian Marcelo Taco $412,000
Previous Owner Marcelo Taco $454,500
Previous Owner Marcelo Taco $377,195
Previous Owner Germain Donald $182,005
Source: Public Records

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 $10,466 $48,300 $14,000 $34,300
2023 $10,466 $48,300 $14,000 $34,300
2022 $10,102 $48,300 $14,000 $34,300
2021 $9,858 $48,300 $14,000 $34,300
2020 $9,661 $48,300 $14,000 $34,300
2019 $8,979 $45,500 $14,000 $31,500
2018 $8,826 $45,500 $14,000 $31,500
2017 $8,695 $45,500 $14,000 $31,500
2016 $8,483 $45,500 $14,000 $31,500
2015 $8,342 $45,500 $14,000 $31,500
2014 $8,155 $45,500 $14,000 $31,500
Source: Public Records

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