NOT LISTED FOR SALE

40 Marion Ave Unit A New Providence, NJ 07974

Estimated Value: $933,000 - $1,503,800

-- Bed
7 Baths
2,268 Sq Ft
$585/Sq Ft Est. Value

About This Home

This home is located at 40 Marion Ave Unit A, New Providence, NJ 07974 and is currently estimated at $1,326,700, approximately $584 per square foot. 40 Marion Ave Unit A is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Rodak Builders Llc
Bought by
Jain Nitesh and Hada Laxmi
Current Estimated Value
$1,326,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Outstanding Balance
$1,195,244
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$131,456

Purchase Details

Closed on
Jun 9, 2025
Sold by
Rodak Builders Llc
Bought by
Russotto Peter J and Russotto Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Outstanding Balance
$1,195,244
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$131,456

Purchase Details

Closed on
Apr 21, 2025
Sold by
Rodak Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,199,200
Outstanding Balance
$1,195,244
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$131,456

Purchase Details

Closed on
Jun 24, 2024
Sold by
Rodak Builders Llc
Bought by
40 Marion Avenue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,778,000
Interest Rate
6.89%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 6, 2024
Sold by
Huerfano Jose L and Huerfano Michelle
Bought by
Rodak Builders Llc

Purchase Details

Closed on
Aug 11, 2008
Sold by
Yannotti Stephen and Yannotti Rose
Bought by
Huerfano Jose L and Huerfano Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.4%
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
Jain Nitesh $1,499,000 Allied Title
Jain Nitesh $1,499,000 Allied Title
Russotto Peter J $1,499,000 Acres Land Title
Russotto Peter J $1,499,000 Acres Land Title
-- -- Empire Title Agency
-- -- Empire Title Agency
40 Marion Avenue -- None Listed On Document
Avenue 40 Marion -- None Listed On Document
Rodak Builders Llc $825,000 Fidelity National Title
Rodak Builders Llc $825,000 Fidelity National Title
Huerfano Jose L $460,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Nitesh $1,199,200
Closed Jain Nitesh $1,199,200
Closed Russotto Peter J $1,199,200
Previous Owner Huerfano Jose L $414,000
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 $12,533 $242,800 $102,700 $140,100
2024 $12,157 $242,800 $102,700 $140,100
2023 $12,157 $242,800 $102,700 $140,100
2022 $11,989 $242,800 $102,700 $140,100
2021 $11,902 $242,800 $102,700 $140,100
2020 $11,897 $242,800 $102,700 $140,100
2019 $11,824 $242,800 $102,700 $140,100
2018 $11,764 $242,800 $102,700 $140,100
2017 $11,572 $242,800 $102,700 $140,100
2016 $11,409 $242,800 $102,700 $140,100
2015 $11,251 $242,800 $102,700 $140,100
2014 $11,081 $242,800 $102,700 $140,100
Source: Public Records

Map

New Jersey Union County New Providence 07974

40 Marion Ave Unit A, New Providence, NJ

This home is located at 40 Marion Ave Unit A, New Providence, NJ 07974 and is currently estimated at $1,326,700, approximately $584 per square foot. 40 Marion Ave Unit A is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

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.

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