NOT LISTED FOR SALE

488 Thoreau Terrace Union, NJ 07083

Estimated Value: $501,000 - $618,000

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

Last Sold February 17, 2025

Last sale price $545,000

Est. 3% increase in value since last sale

Current estimated payment $3,801/month

32 Days on Market

About This Home

As of February 2025

This home is located at 488 Thoreau Terrace, Union, NJ 07083 since 18 November 2024 and is currently estimated at $561,469. This property was built in 1939. 488 Thoreau Terrace is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and Kindercare Learning Center.

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

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

Year Built

Built in 1939

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1939
  • County Name: Union
  • I D: 5325259
  • 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%
Views
53
Current Estimated Value
$561,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,469
Avg. Annual Appreciation
2.82%
Original Mortgage
$404,500
Outstanding Balance
$402,106
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$159,363

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
488 Thoreau Llc $545,000 Stewart Title
488 Thoreau Llc $545,000 Stewart Title
Carter Charles Nicholas -- Title Guarantee
Carter Charles Nicholas -- Title Guarantee
Carter Nancy E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 488 Thoreau Llc $404,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $10,930 $48,900 $20,300 $28,600
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

  • Christine Pence

    Seller's Agent in 2025

    Christine Pence

    NEW AND MODERN GROUP

    (908) 313-0979

    1 in this area

    22 Total Sales

    Christine Pence
    Section Image

  • S

    Buyer's Agent in 2025

    SHULEM EISENBERG

    WORLD CLASS REALTY GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3935027

Garden State MLS

APN: 19-02507-0000-00029

New Jersey Union County Union 07083

488 Thoreau Terrace, Union, NJ

Not Listed for Sale

Detached

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