NOT LISTED FOR SALE

418 3rd St Union City, NJ 07087

Estimated Value: $555,000 - $908,000

8 Beds
2 Baths
1,470 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $561,255 $382 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,540/month

72 Days on Market

About This Home

As of February 2022

Amazing opportunity to own in the best neighborhood in Union City! Conveniently located in prime downtown This 2 family home features Three bedrooms, living room and full baths on each level, as well as a deck overlooking the backyard from the second floor unit. A backyard ripe for entertaining, containing a shed, and plenty of room to relax. The baths have been renovated in the last few years. Finished Basement with a W&D area, this bonus basement may be used with the first floor. Separate utilities. This home is currently fully rented making a great home for investors or owner occupied. Union City is celebrated as the Embroidery Capital of the World and its rich history, culture, and eclectic districts provide wonderful Shopping, Restaurants, and Boutiques that appeal to every lifestyle. Best of all, UC is located minutes from Manhattan by Car, Bus(20-25mins), Ferries, Light Rail and the PATH Train, and is near all Major Highways, making it a commuter's dream

Last Agent to Sell the Property

LUIS MONTES DE OCA

Exit Golden Realty Group, LLC Listed on: 11/02/2021

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,976

Lot Details

  • 1,699 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00027 / 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,976

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-997-4425
  • MLS Status: Sold - Sold
  • Directions: NEW YORK AVE TO 3RD ST
  • Architectural Style: 2 Family
  • Year Built Details: 2010's,Pre 1900,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Basement Remarks: FINISHED, Family Room

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 1699.0

Tax Info

  • Tax Annual Amount: 7976.0
  • Tax Block: 00012
  • Tax Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2010
Sold by
Lasalle Bank Na
Bought by
Silverio Vanessa R
Current Estimated Value
$715,974

Purchase Details

Closed on
May 12, 2006
Sold by
Corujo Marina and Almancar Eduarda X
Bought by
Kourasis Francisca and Almanzar Silvio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 22, 2005
Sold by
Corujo Marina
Bought by
Corujo Marina and Almancar Eduarda X

Purchase Details

Closed on
Oct 21, 2003
Sold by
Almanzar Silvio J
Bought by
Corujo Marina

Purchase Details

Closed on
Jul 16, 2002
Sold by
Kourasis Nick and Almanzar Jose
Bought by
Almanzar Silvio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
11.52%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Gupta Suresh and Gupta Usha
Bought by
Kourasis Nick and Almanzar Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,896
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1994
Sold by
Np Funding Ii Lp
Bought by
Gupta Suresh and Gupta Usha
Source: Public Records

Range of Values:

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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
Silverio Vanessa R $130,000 --
Kourasis Francisca $420,000 None Available
Corujo Marina $350,000 --
Corujo Marina $285,000 Multiple
Almanzar Silvio J -- --
Kourasis Nick $135,000 --
Gupta Suresh $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kourasis Francisca $84,000
Previous Owner Kourasis Francisca $336,000
Previous Owner Almanzar Silvio J $208,000
Previous Owner Kourasis Nick $133,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $561,255 +2.0% $382 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
12/06/2021 12/06/21 Price Changed $550,000 -9.8% $374 / Sq Ft
11/22/2021 11/22/21 Price Changed $610,000 -10.2% $415 / Sq Ft
11/02/2021 11/02/21 For Sale $679,000 -- $462 / Sq Ft
Source: New 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 $9,064 $501,200 $247,200 $254,000
2024 $9,456 $490,500 $241,200 $249,300
2023 $9,456 $123,000 $71,800 $51,200
2022 $8,004 $108,000 $71,800 $36,200
2021 $7,976 $108,000 $71,800 $36,200
2020 $7,885 $108,000 $71,800 $36,200
2019 $7,671 $108,000 $71,800 $36,200
2018 $7,528 $108,000 $71,800 $36,200
2017 $7,456 $108,000 $71,800 $36,200
2016 $7,441 $108,000 $71,800 $36,200
2015 $7,313 $108,000 $71,800 $36,200
2014 $7,154 $108,000 $71,800 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21043623

New Jersey MLS

APN: 10-00012-0000-00027