NOT LISTED FOR SALE

397 Chestnut St Unit 1 Union, NJ 07083

Estimated Value: $545,000

2 Beds
1 Bath
5,002 Sq Ft
$109/Sq Ft Est. Value

About This Home

This home is located at 397 Chestnut St Unit 1, Union, NJ 07083 and is currently estimated at $545,000, approximately $108 per square foot. 397 Chestnut St Unit 1 is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
C/J Rental Llc
Bought by
Egglrock Properties Llc
Current Estimated Value
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Outstanding Balance
$606,041
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
-$61,041

Purchase Details

Closed on
Nov 26, 1999
Sold by
Meyer Dennis and Meyer Diane
Bought by
C/J Rental Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 1999
Sold by
397 Chestnut Llc
Bought by
Meyer Dennis and Meyer Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 1999
Sold by
Chestnut Street Home Realty Lp
Bought by
397 Chestnut Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Egglrock Properties Llc $975,000 --
Egglrock Properties Llc $975,000 First American Title
C/J Rental Llc -- --
Meyer Dennis $350,000 --
397 Chestnut Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egglrock Properties Llc $633,750
Closed Egglrock Properties Llc $633,750
Previous Owner Meyer Dennis $262,500
Previous Owner 397 Chestnut Llc $150,000
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 $24,318 $108,800 $23,900 $84,900
2024 $23,576 $108,800 $23,900 $84,900
2023 $23,576 $108,800 $23,900 $84,900
2022 $22,757 $108,800 $23,900 $84,900
2021 $22,205 $108,800 $23,900 $84,900
2020 $21,762 $108,800 $23,900 $84,900
2019 $21,470 $108,800 $23,900 $84,900
2018 $21,104 $108,800 $23,900 $84,900
2017 $20,792 $108,800 $23,900 $84,900
2016 $20,285 $108,800 $23,900 $84,900
2015 $19,948 $108,800 $23,900 $84,900
2014 $19,501 $108,800 $23,900 $84,900
Source: Public Records

Map

New Jersey Union County Union Township 07083

397 Chestnut St Unit 1, Union Township, NJ

This home is located at 397 Chestnut St Unit 1, Union, NJ 07083 and is currently estimated at $545,000, approximately $108 per square foot. 397 Chestnut St Unit 1 is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes