NOT LISTED FOR SALE

220 Colonial Ave Union, NJ 07083

Estimated Value: $681,000 - $845,000

Studio
-- Bath
-- Sq Ft
11,326 Sq Ft Lot

Last Sold July 19, 2022

Last sale price $650,000

Est. 17% increase in value since last sale

Current estimated payment $4,957/month

24 Days on Market

About This Home

As of July 2022

This home is located at 220 Colonial Ave, Union, NJ 07083 since 12 April 2022 and is currently estimated at $760,134. This property was built in 1915. 220 Colonial Ave is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and Kindercare Learning Center.

Last Agent to Sell the Property

Tom Ramos

RAMOS REAL ESTATE INC Brokerage Phone: 908-851-0320 Listed on: 04/12/2022

Last Buyer's Agent

HUGO A. LOPEZ

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.26 Acre Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0.26 Acres

Listing Details

  • Year Built: 1915
  • County Name: Union
  • I D: 5142666
  • Attribution Contact: 908-851-0320
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 68.87X162.69
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jul 5, 2022
Sold by
Adam Raffaele
Bought by
Gonzalez Fernando and Vargas Natalia J
Seller's Agent
Tom Ramos
RAMOS REAL ESTATE INC
Buyer's Agent
HUGO A. LOPEZ
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$639,000
Sold Price
$650,000
Premium/Discount to List
$11,000
1.72%
Current Estimated Value
$760,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,134
Avg. Annual Appreciation
4.38%
Original Mortgage
$604,395
Outstanding Balance
$578,299
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$181,835

Purchase Details

Closed on
Jul 22, 2013
Sold by
Campione Cara and Raffaele Cara
Bought by
Raffaele Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,825
Interest Rate
4.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2009
Sold by
Salzmann George J and Salzmann Sharon K
Bought by
Campione Cara and Raffaele Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,085
Interest Rate
5.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gonzalez Fernando $660,000 First American Title
Raffaele Adam -- Westcor Land Title Ins Co
Campione Cara $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Fernando $604,395
Previous Owner Raffaele Adam $396,825
Previous Owner Campione Cara $412,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $650,000 +1.7% --
05/06/2022 05/06/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $639,000 -- --
Source: Garden State MLS

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 $12,539 $56,100 $22,700 $33,400
2024 $12,156 $56,100 $22,700 $33,400
2023 $12,156 $56,100 $22,700 $33,400
2022 $11,734 $56,100 $22,700 $33,400
2021 $11,449 $56,100 $22,700 $33,400
2020 $11,221 $56,100 $22,700 $33,400
2019 $11,070 $56,100 $22,700 $33,400
2018 $10,882 $56,100 $22,700 $33,400
2017 $10,721 $56,100 $22,700 $33,400
2016 $10,459 $56,100 $22,700 $33,400
2015 $10,286 $56,100 $22,700 $33,400
2014 $10,055 $56,100 $22,700 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Tom Ramos

    Seller's Agent in 2022

    Tom Ramos

    RAMOS REAL ESTATE INC

    (908) 416-4600

    24 in this area

    66 Total Sales

    Tom Ramos
    Section Image

  • H

    Buyer's Agent in 2022

    HUGO A. LOPEZ

    REALTY ONE GROUP LIFESTYLE HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3775074

Garden State MLS

APN: 19-02501-0000-00007

New Jersey Union County Union 07083

220 Colonial Ave, Union, NJ

Not Listed for Sale

MultiFamily

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