NOT LISTED FOR SALE

422 Union Ave Rutherford, NJ 07070

Estimated Value: $625,000 - $739,000

3 Beds
3 Baths
1,628 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $475,000 $292 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,851/month

48 Days on Market

About This Home

As of March 2022

Nice two family home with curb appeal. Spacious 2 bedroom apartment on first floor has hardwood floors & a 3 season Florida room overlooking the oversized backyard. Second floor has a one bedroom apartment with an enclosed porch off the kitchen. The first floor tenant currently rents the 1st floor apartment and the basement with the 2nd full bath & laundry hook-ups. Access to the basement is from the first floor apartment & yard. Landlord pays heat, hot water and water. One Gas Boiler & H/W heater. Great for an investor who would like to own a two family in Rutherford! Please note: PHOTOS were taken when the 1st floor and basement were unoccupied. Both apartments are tenant occupied. There is tandem 2-3 car driveway parking and also overnight street parking with a resident sticker as per town posted signs.

Last Agent to Sell the Property

Antonette Treble

Century 21 Concept 100 Listed on: 12/19/2021

Century 21 Concept 100

Last Buyer's Agent

Yavuz Bayram

Keller Williams Park Views

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,110

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50 x 130

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00027 / 00193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,110

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 201-385-7100
  • MLS Status: Sold - Sold
  • Directions: Union Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Remarks: FULL FINISHED,FBATH,LAUNDRY/ STORAGE & UTIL ROOM, O/E

Exterior Features

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

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Dimensions: 50 x 130
  • Lot Size Sq Ft: 6499.0

Tax Info

  • Tax Annual Amount: 11110.0
  • Tax Block: 00193
  • Tax Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2021
Closed on
Feb 28, 2022
Sold by
Guerrero Ramos Mayvelyn and Guerrero Veronica Linda
Bought by
422 Union Llc
Seller's Agent
Antonette Treble
Century 21 Concept 100
Buyer's Agent
Yavuz Bayram
Keller Williams Park Views
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
$686,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,569
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Sep 30, 2014
Sold by
Gruet Sharon Tchon
Bought by
Nieves Linda Veronica and Ramos Mayvelyn Guerrero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
422 Union Llc $475,000 None Listed On Document
Nieves Linda Veronica $370,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 422 Union Llc $488,250
Previous Owner Nieves Linda V $256,660
Previous Owner Ramos Mayvelyn $106,995
Previous Owner Nieves Linda Veronica $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $475,000 -5.0% $292 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $499,900 +5.2% $307 / Sq Ft
12/24/2021 12/24/21 Off Market $475,000 -- --
12/19/2021 12/19/21 For Sale $499,900 -- $307 / 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 $12,706 $407,100 $240,700 $166,400
2024 $12,384 $407,100 $240,700 $166,400
2023 $11,570 $407,100 $240,700 $166,400
2022 $11,570 $389,700 $240,700 $149,000
2021 $11,414 $389,700 $240,700 $149,000
2020 $11,110 $389,700 $240,700 $149,000
2019 $10,674 $389,700 $240,700 $149,000
2018 $10,526 $389,700 $240,700 $149,000
2017 $10,378 $389,700 $240,700 $149,000
2016 $10,148 $389,700 $240,700 $149,000
2015 $9,871 $389,700 $240,700 $149,000
2014 $9,563 $389,700 $240,700 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21048147

New Jersey MLS

APN: 56-00193-0000-00027