NOT LISTED FOR SALE

221 S Union Ave Cranford, NJ 07016

Estimated Value: $995,778 - $1,642,000

5 Beds
5 Baths
-- Sq Ft
9,175 Sq Ft Lot

Last Sold April 01, 2025

Last sale price $1,645,000

Est. 21% decrease in value since last sale

Current estimated payment $7,736/month

9 Days on Market

About This Home

As of April 2025

This home is located at 221 S Union Ave, Cranford, NJ 07016 since 19 February 2025 and is currently estimated at $1,295,445. 221 S Union Ave is a home located in Union County with nearby schools including Cranford Sr High School and St Michael School.

Last Agent to Sell the Property

DIANA DOLLARD HEARNS

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 02/19/2025

Last Buyer's Agent

DIANA DOLLARD HEARNS

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 02/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,738

Lot Details

  • 9,175 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,738

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 221
  • I D: 5339248
  • Modified: 2025-04-01
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.20

Lot Info

  • Lot Size: 9175 SF
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 21, 2025
Sold by
Tower Homes Llc
Bought by
Olson Nicholas and Olson Cathryn
Seller's Agent
DIANA DOLLARD HEARNS
COLDWELL BANKER REALTY
Buyer's Agent
DIANA DOLLARD HEARNS
COLDWELL BANKER REALTY
List Price
$1,589,000
Sold Price
$1,645,000
Premium/Discount to List
$56,000
3.52%
Views
44
Current Estimated Value
$1,295,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$349,555
Avg. Annual Appreciation
-39.85%
Original Mortgage
$1,209,750
Outstanding Balance
$1,204,585
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$90,860

Purchase Details

Closed on
Nov 2, 2023
Sold by
Morit Barbara I and Morit Gary E
Bought by
Tower Homes Llc

Purchase Details

Closed on
Jul 5, 1972
Bought by
Gary Morit and Gary Gary
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Olson Nicholas $1,645,000 Realsafe Title
Olson Nicholas $1,645,000 Realsafe Title
Tower Homes Llc $455,000 Attorney Title Services
Tower Homes Llc $455,000 Attorney Title Services
Gary Morit $37,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Nicholas $1,209,750
Closed Olson Nicholas $1,209,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $1,645,000 +3.5% --
02/28/2025 02/28/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $1,589,000 -- --
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
2025 $10,738 $80,400 $80,400 --
2024 $10,561 $158,400 $80,400 $78,000
2023 $10,561 $158,400 $80,400 $78,000
2022 $10,473 $158,400 $80,400 $78,000
2021 $10,427 $158,400 $80,400 $78,000
2020 $10,394 $158,400 $80,400 $78,000
2019 $10,328 $158,400 $80,400 $78,000
2018 $10,141 $158,400 $80,400 $78,000
2017 $9,792 $158,400 $80,400 $78,000
2016 $9,436 $158,400 $80,400 $78,000
2015 $9,189 $158,400 $80,400 $78,000
2014 $9,000 $158,400 $80,400 $78,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    DIANA DOLLARD HEARNS

    COLDWELL BANKER REALTY

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Map

Source: Garden State MLS

MLS Number: 3946807

Garden State MLS

APN: 03-00430-0000-00003

New Jersey Union County Cranford 07016

221 S Union Ave, Cranford, NJ

This home is located at 221 S Union Ave, Cranford, NJ 07016 since 19 February 2025 and is currently estimated at $1,295,445. 221 S Union Ave is a home located in Union County with nearby schools including Cranford Sr High School and St Michael School.

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