NOT LISTED FOR SALE

2701 Alice Terrace Union, NJ 07083

Estimated Value: $610,034 - $746,000

4 Beds
3.5 Baths
-- Sq Ft
6,029 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $570,000

Est. 22% increase in value since last sale

Current estimated payment $4,817/month

79 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Attic
  • Spa
  • Wood Flooring
  • 3-minute walk to Joe Collins Park

About This Home

As of October 2022

Fantastic split-level with potential M/D suite! Certainly a rare opportunity in today's market. Second level features 3 bedrooms and 2 full bathrooms, ground/basement levels consists of 1 bedroom, 1 full and 1 half bathroom, kitchenette and living/dining area. Additional features include attached garage, central A/C and forced heat, spacious backyard with a deck, koi pond, and hot tub! This home has it all!

Last Agent to Sell the Property

VICTORIA RACELIS

NON-MEMBER OFFICE Listed on: 07/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,347

Year Built

  • Built in 1961

Lot Details

  • 6,029 Sq Ft Lot
  • Lot Dimensions are 100.00 x 60.29
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Side by Side Parking
  • Paver Block
  • Open Parking

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Kitchen in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Emerson Park 01 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,347

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1384
  • Lot Size: 100.00 x 60.29
  • Ownership: Fee Simple
  • Subdivision Name: Emerson Park 01
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Multi/Split
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Kitchen Island, Separate Dining Area
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Storage Space, Utility Room, Kitchen
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 1 Bedroom, Kitchen Second, Utility Room, Kitchen, Living Room, Dining Room, 3 Bedrooms, Attic, Bath Main
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Level
  • Pool Features: No, None
  • Exterior Features: Lawn Sprinklers, Yard
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Paver Blocks, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Security: Fire Alarm, Security System
  • Cooling: Central Air
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 6029

Tax Info

  • Tax Annual Amount: 12347
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Oct 3, 2022
Sold by
Ruiz Edwin and Ruiz Jocelyn
Bought by
Lafontant Sabine
Seller's Agent
VICTORIA RACELIS
NON-MEMBER OFFICE
List Price
$530,000
Sold Price
$570,000
Premium/Discount to List
$40,000
7.55%
Views
14
Current Estimated Value
$692,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,759
Avg. Annual Appreciation
6.35%
Original Mortgage
$550,976
Outstanding Balance
$530,127
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$152,517

Purchase Details

Closed on
Jun 28, 2017
Sold by
Ruiz Edwin
Bought by
Ruiz Edwin and Ruiz Jocelyn

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 13, 2017
Sold by
Sousa Flipe
Bought by
Ruiz Edwin
Seller's Agent
AUGUSTO S DAVID
TOP CHOICE REALTY NETWORK
Buyer's Agent
VICTORIA L. RACELIS
EXP REALTY, LLC
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$431,048
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2010
Sold by
Sousa Filipe and Monteiro Armenio
Bought by
Sousa Filipe

Purchase Details

Closed on
Mar 25, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Sousa Filipe and Sousa Armenio

Purchase Details

Closed on
Jul 22, 2008
Sold by
Decaravalho Agostino and Decaravalho Carmen
Bought by
Hsbc Bank Usa Na and Home Equity Loan Tr Series Ace 2006-He1

Purchase Details

Closed on
Oct 27, 2005
Sold by
Vozos Fragiskos
Bought by
Decarvalho Agostinho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lafontant Sabine $570,000 Chicago Title
Ruiz Edwin -- None Available
Ruiz Edwin $439,000 Westcor Land Title Ins Co
Sousa Filipe -- Commonwealth Land Title Insu
Sousa Filipe $210,500 Commonwealth Land Title Insu
Hsbc Bank Usa Na -- Land Title Svcs Of Nj Inc
Decarvalho Agostinho $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafontant Sabine $550,976
Previous Owner Ruiz Edwin $424,000
Previous Owner Ruiz Edwin $419,851
Previous Owner Ruiz Edwin $431,048
Previous Owner Sousa Filipe $200,000
Previous Owner Decarvalho Agostinho $42,000
Previous Owner Decarvalho Agostinho $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $570,000 +7.5% --
07/23/2022 07/23/22 For Sale $530,000 +20.7% --
03/10/2017 03/10/17 Sold $439,000 0.0% --
03/06/2017 03/06/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $439,000 -- --
Source: All Jersey 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 $13,522 $60,500 $21,000 $39,500
2024 $13,110 $60,500 $21,000 $39,500
2023 $13,110 $60,500 $21,000 $39,500
2022 $12,654 $60,500 $21,000 $39,500
2021 $12,347 $60,500 $21,000 $39,500
2020 $12,101 $60,500 $21,000 $39,500
2019 $11,938 $60,500 $21,000 $39,500
2018 $11,735 $60,500 $21,000 $39,500
2017 $11,275 $59,000 $21,000 $38,000
2016 $11,000 $59,000 $21,000 $38,000
2015 $10,818 $59,000 $21,000 $38,000
2014 $10,575 $59,000 $21,000 $38,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    VICTORIA RACELIS

    NON-MEMBER OFFICE

  • A

    Seller's Agent in 2017

    AUGUSTO S DAVID

    TOP CHOICE REALTY NETWORK

  • I

    Seller Co-Listing Agent in 2017

    IVAN ABREU

    TOP CHOICE REALTY NETWORK

  • V

    Buyer's Agent in 2017

    VICTORIA L. RACELIS

    EXP REALTY, LLC

  • N

    Buyer Co-Listing Agent in 2017

    NICHOLAS BALDWIN

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2301084R

All Jersey MLS

APN: 19-04510-0000-00020

New Jersey Union County Union Township 07083

2701 Alice Terrace, Union Township, NJ

This home is located at 2701 Alice Terrace, Union, NJ 07083 since 23 July 2022 and is currently estimated at $692,759. This property was built in 1961. 2701 Alice Terrace is a home located in Union County with nearby schools including Battle Hill Elementary School, Burnet Middle School, and Union High School.

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