$545,000
SOLD FEB 17, 2025

488 Thoreau Terrace Union, NJ 07083

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

5% Below List Price

32 Days on Market

About This Home

As of February 2025

This home is located at 488 Thoreau Terrace, Union, NJ 07083 and is currently priced at $545,000. This property was built in 1939. 488 Thoreau Terrace is a home located in Union County with nearby schools including Washington Elementary School, Kawameeh Middle School, and Union High School.

Last Agent to Sell the Property

Christine Pence

NEW AND MODERN GROUP Brokerage Phone: 908-233-5555 Listed on: 11/18/2024

Last Buyer's Agent

SHULEM EISENBERG

WORLD CLASS REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,596

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,596

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Union
  • Street Number Display: 488
  • I D: 5325259
  • Modified: 2025-02-25
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Feb 11, 2025
Sold by
Carter Charles Nicholas
Bought by
488 Thoreau Llc
Seller's Agent
Christine Pence
NEW AND MODERN GROUP
Buyer's Agent
SHULEM EISENBERG
WORLD CLASS REALTY GROUP
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Total Days on Market
32
Views
53
Current Estimated Value
$532,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,175
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Nov 15, 2024
Sold by
Carter Nancy E and Wilk Sally E
Bought by
Carter Charles Nicholas

Purchase Details

Closed on
Nov 11, 2008
Sold by
Carter Charles Nicholas
Bought by
Carter Nancy E and Wilk Sally E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $545,000 Stewart Title
Deed -- Title Guarantee
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Credit Line Revolving
Previous Owner $75,000 Unknown
Previous Owner $131,000 Credit Line Revolving
Previous Owner $82,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Sold $545,000 -5.2% --
12/21/2024 12/21/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $575,000 -- --
Source: Garden State 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
2024 $10,596 $48,900 $20,300 $28,600
2023 $10,596 $48,900 $20,300 $28,600
2022 $10,228 $48,900 $20,300 $28,600
2021 $9,980 $48,900 $20,300 $28,600
2020 $9,781 $48,900 $20,300 $28,600
2019 $9,649 $48,900 $20,300 $28,600
2018 $9,485 $48,900 $20,300 $28,600
2017 $9,345 $48,900 $20,300 $28,600
2016 $9,117 $48,900 $20,300 $28,600
2015 $8,966 $48,900 $20,300 $28,600
2014 $8,765 $48,900 $20,300 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3935027

Garden State MLS

APN: 19-02507-0000-00029