NOT LISTED FOR SALE

2040 Edison Terrace Union, NJ 07083

Estimated Value: $526,000 - $775,000

-- Bed
-- Bath
1 Sq Ft
$676,915/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $405,000 $405,000 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,553/month

13 Days on Market

About This Home

As of August 2019

This home is located at 2040 Edison Terrace, Union, NJ 07083 since 04 June 2019 and is currently estimated at $676,915, approximately $676,915 per square foot. 2040 Edison Terrace is a home located in Union County with nearby schools including Franklin Elementary School, Burnet Middle School, and Union High School.

Last Agent to Sell the Property

MARVIN DANIELS

SAMSEL & ASSOCIATES Brokerage Phone: 908-851-2121 Listed on: 06/04/2019

Co-Listed By

KATHERINE SUMARA

SAMSEL & ASSOCIATES Brokerage Phone: 908-851-2121

Last Buyer's Agent

ELIZABETH A. QUAICOE

ASANTE REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,466

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,466

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 2040
  • I D: 4903641
  • Modified: 2020-08-03
  • Number Images: 1
  • Attribution Contact: 908-851-2121
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 1, 2019
Sold by
Campbell Sherwin and Campbell Marlyse
Bought by
Dube Samson K
Seller's Agent
MARVIN DANIELS
SAMSEL & ASSOCIATES
Buyer's Agent
ELIZABETH A. QUAICOE
ASANTE REALTY GROUP LLC
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$676,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,915
Avg. Annual Appreciation
8.17%
Original Mortgage
$408,956
Outstanding Balance
$362,024
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$291,297

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

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
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

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $405,000 0.0% $405,000 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $405,000 -- $405,000 / 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
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

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MARVIN DANIELS

    SAMSEL & ASSOCIATES

  • K

    Seller Co-Listing Agent in 2019

    KATHERINE SUMARA

    SAMSEL & ASSOCIATES

  • E

    Buyer's Agent in 2019

    ELIZABETH A. QUAICOE

    ASANTE REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3562552

Garden State MLS

APN: 19-05406-0000-00024

New Jersey Union County Union Township 07083

2040 Edison Terrace, Union Township, NJ

This home is located at 2040 Edison Terrace, Union, NJ 07083 since 04 June 2019 and is currently estimated at $676,915, approximately $676,915 per square foot. 2040 Edison Terrace is a home located in Union County with nearby schools including Franklin Elementary School, Burnet Middle School, and Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes