NOT LISTED FOR SALE

225 Newark Ave Union, NJ 07083

Estimated Value: $497,000 - $615,000

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

Last Sold November 22, 2023

Last sale price $500,000

Est. 13% increase in value since last sale

Current estimated payment $3,914/month

16 Days on Market

About This Home

As of November 2023

This home is located at 225 Newark Ave, Union, NJ 07083 since 28 September 2023 and is currently estimated at $567,237. This property was built in 1952. 225 Newark Ave is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

Last Agent to Sell the Property

Thomas Italiano

HALLMARK REALTORS Brokerage Phone: 800-359-3398 Listed on: 09/28/2023

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,946

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,946

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Union
  • Street Number Display: 225
  • I D: 5246286
  • Modified: 2024-11-23
  • Number Images: 1
  • Attribution Contact: 800-359-3398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 15, 2023
Sold by
Gesualdo Thomas J and Gesualdo Catia J
Bought by
St George City Joseph and St George City Jennifer
Seller's Agent
Thomas Italiano
HALLMARK REALTORS
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$499,500
Sold Price
$500,000
Premium/Discount to List
$500
0.1%
Views
260
Current Estimated Value
$567,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,237
Avg. Annual Appreciation
7.39%
Original Mortgage
$495,853
Outstanding Balance
$488,144
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$79,093

Purchase Details

Closed on
Feb 1, 2011
Sold by
Anderson Glenn and Anderson Nancy
Bought by
Gesualdo Thomas J and Gesualdo Catia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,607
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2001
Sold by
Butler Carolyn R
Bought by
Anderson Glenn and Anderson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
St George City Joseph $505,000 Fidelity National Title
Gesualdo Thomas J $317,500 Commonwealth Land Title Insu
Anderson Glenn $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St George City Joseph $495,853
Previous Owner Gesualdo Thomas J $288,607
Previous Owner Anderson Glenn $187,718
Previous Owner Anderson Nancy R $150,000
Previous Owner Anderson Glenn $183,503
Previous Owner Anderson Glenn $165,858
Previous Owner Anderson Glenn K $137,584
Previous Owner Anderson Nancy R $120,000
Previous Owner Anderson Glenn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $500,000 +0.1% --
10/18/2023 10/18/23 Pending -- -- --
10/01/2023 10/01/23 For Sale $499,500 -- --
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 $9,946 $45,900 $20,000 $25,900
2023 $9,946 $45,900 $20,000 $25,900
2022 $9,600 $45,900 $20,000 $25,900
2021 $9,368 $45,900 $20,000 $25,900
2020 $9,181 $45,900 $20,000 $25,900
2019 $9,057 $45,900 $20,000 $25,900
2018 $8,903 $45,900 $20,000 $25,900
2017 $8,771 $45,900 $20,000 $25,900
2016 $8,558 $45,900 $20,000 $25,900
2015 $8,416 $45,900 $20,000 $25,900
2014 $8,227 $45,900 $20,000 $25,900
Source: Public Records

Agents Affiliated with this Home

  • Thomas Italiano

    Seller's Agent in 2023

    Thomas Italiano

    HALLMARK REALTORS

    (732) 499-0030

    1 in this area

    14 Total Sales

    Thomas Italiano
    Section Image
  • Michael Martinetti

    Buyer's Agent in 2023

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    397 in this area

    1,185 Total Sales

    Michael Martinetti
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3866963

Garden State MLS

APN: 19-01018-0000-00005

New Jersey Union County Union Township 07083

225 Newark Ave, Union Township, NJ

This home is located at 225 Newark Ave, Union, NJ 07083 since 28 September 2023 and is currently estimated at $567,237. This property was built in 1952. 225 Newark Ave is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

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