NOT LISTED FOR SALE

3131 Central Ave Unit 1 Union City, NJ 07087

Estimated Value: $676,000 - $738,325

2 Beds
1 Bath
2,300 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 3131 Central Ave Unit 1, Union City, NJ 07087 and is currently estimated at $707,831, approximately $307 per square foot. 3131 Central Ave Unit 1 is a home located in Hudson County with nearby schools including Robert Waters School, Sara M. Gilmore Academy, and Union Hill Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Tao Investments Llc
Bought by
Mcelroy Ciaran
Current Estimated Value
$707,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$501,861
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$147,106

Purchase Details

Closed on
Mar 30, 2019
Sold by
3131 Central Ave Llc
Bought by
Tao Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2018
Sold by
Arboleda Wences and Arboleda Gliceria
Bought by
3131 Central Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2005
Sold by
Tadros Zaky
Bought by
Arboleda Wences and Arboleda Cliceria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 3, 2000
Sold by
Veloz Noreen and Veloz Edwin
Bought by
Tadros Zaky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1998
Sold by
Veloz Edwin
Bought by
Veloz Edwin and Veloz Noreen

Purchase Details

Closed on
Aug 27, 1997
Sold by
Hfs Mobility Services Inc
Bought by
Veloz Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1996
Sold by
Cassidy Joseph T
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,937
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Mcelroy Ciaran $630,000 Best Abstract Title Company Ll
Tao Investments Llc $263,134 Liberty Title & Escrow Co
3131 Central Ave Llc $290,000 1St Rate Title & Settlement
Arboleda Wences $315,000 Chicago Title Insurance Co
Tadros Zaky $122,500 --
Veloz Edwin -- --
Veloz Edwin $87,501 --
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelroy Ciaran $504,000
Previous Owner Tao Investments Llc $487,500
Previous Owner 3131 Central Ave Llc $291,000
Previous Owner Arboleda Wences $360,000
Previous Owner Arboleda Wences $23,000
Previous Owner Arboleda Wences $63,000
Previous Owner Tadros Zaky $101,500
Previous Owner Tadros Zaky $98,000
Previous Owner Veloz Edwin $78,750
Previous Owner Federal Home Loan Mortgage Corporation $129,937
Source: Public Records

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 $11,447 $607,900 $177,100 $430,800
2024 $9,987 $619,400 $172,600 $446,800
2023 $9,987 $129,900 $62,700 $67,200
2022 $9,627 $129,900 $62,700 $67,200
2021 $9,593 $129,900 $62,700 $67,200
2020 $9,484 $129,900 $62,700 $67,200
2019 $9,227 $129,900 $62,700 $67,200
2018 $9,054 $129,900 $62,700 $67,200
2017 $8,968 $129,900 $62,700 $67,200
2016 $8,950 $129,900 $62,700 $67,200
2015 $8,796 $129,900 $62,700 $67,200
2014 $8,605 $129,900 $62,700 $67,200
Source: Public Records

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