$585,000
SOLD MAR 14, 2025

306 Salem Rd Union, NJ 07083

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Recently Sold

6% Above List Price

30 Days on Market

About This Home

As of March 2025

This home is located at 306 Salem Rd, Union, NJ 07083 and is currently priced at $585,000. This property was built in 1936. 306 Salem Rd is a home located in Union County with nearby schools including Washington Elementary School and Union High School.

Last Agent to Sell the Property

Marvin Williams

COLDWELL BANKER REALTY Brokerage Phone: 973-378-8300 Listed on: 12/16/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

TANEKQUA D. BOYD

UNITED REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,320

Year Built

  • Built in 1936

Lot Details

  • 3,920 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,320

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Year Built: 1936
  • County Name: Union
  • I D: 5328879
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Mar 12, 2025
Sold by
Simpson Henry and Simpson Lorraine V
Bought by
Robinson Karen Fiona
Seller's Agent
Marvin Williams
COLDWELL BANKER REALTY
Buyer's Agent
TANEKQUA D. BOYD
UNITED REAL ESTATE
List Price
$550,000
Sold Price
$585,000
Premium/Discount to List
$35,000
6.36%
Views
264
Current Estimated Value
$581,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,166
Avg. Annual Appreciation
-0.77%
Original Mortgage
$555,750
Outstanding Balance
$552,949
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$28,885

Purchase Details

Closed on
Aug 1, 1997
Sold by
Louden Ian and Louden Margarida
Bought by
Simpson Henry and Simpson Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,606
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $585,000 Westcor Land Title
Bargain Sale Deed $585,000 Westcor Land Title
Deed $139,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,750 New Conventional
Closed $555,750 New Conventional
Previous Owner $136,606 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $585,000 +6.4% --
01/15/2025 01/15/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $550,000 -- --
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 $9,320 $41,700 $16,000 $25,700
2024 $9,036 $41,700 $16,000 $25,700
2023 $9,036 $41,700 $16,000 $25,700
2022 $8,722 $41,700 $16,000 $25,700
2021 $8,511 $41,700 $16,000 $25,700
2020 $8,341 $41,700 $16,000 $25,700
2019 $8,229 $41,700 $16,000 $25,700
2018 $8,089 $41,700 $16,000 $25,700
2017 $7,969 $41,700 $16,000 $25,700
2016 $7,775 $41,700 $16,000 $25,700
2015 $7,646 $41,700 $16,000 $25,700
2014 $7,474 $41,700 $16,000 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3938188

Garden State MLS

APN: 19-01006-0000-00025