NOT LISTED FOR SALE

496 Bailey Ave Union, NJ 07083

Estimated Value: $826,000 - $1,037,000

Studio
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $930,000

Est. 4% decrease in value since last sale

Current estimated payment $5,468/month

32 Days on Market

About This Home

As of May 2024

This home is located at 496 Bailey Ave, Union, NJ 07083 since 08 March 2024 and is currently estimated at $894,150. 496 Bailey Ave 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

HERNAN CASTRO

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 03/08/2024

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,485 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 5272642
  • Attribution Contact: 908-686-7800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 15, 2024
Sold by
Madison Hill Properties Llc
Bought by
Sreehari Family Trust and Sreehari
Seller's Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY
List Price
$879,000
Sold Price
$930,000
Premium/Discount to List
$51,000
5.8%
Views
145
Current Estimated Value
$894,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,850
Avg. Annual Appreciation
-2.25%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Ullrich Ernest C
Bought by
1222 Madison Hill Properties Llc

Purchase Details

Closed on
Nov 18, 1993
Sold by
Hartman Ernest
Bought by
Ullrich Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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

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ICE

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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
Sreehari Family Trust $930,000 First American Title Insurance
Sreehari Family Trust $930,000 First American Title Insurance
1222 Madison Hill Properties Llc $120,000 --
Ullrich Ernest $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ullrich Ernest $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $930,000 +5.8% --
04/11/2024 04/11/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $879,000 -- --
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 $10,349 $64,500 $14,000 $50,500
2024 $10,033 $46,300 $14,000 $32,300
2023 $10,033 $46,300 $14,000 $32,300
2022 $9,684 $46,300 $14,000 $32,300
2021 $9,449 $46,300 $14,000 $32,300
2020 $9,261 $46,300 $14,000 $32,300
2019 $9,136 $46,300 $14,000 $32,300
2018 $8,981 $46,300 $14,000 $32,300
2017 $8,848 $46,300 $14,000 $32,300
2016 $8,632 $46,300 $14,000 $32,300
2015 $8,489 $46,300 $14,000 $32,300
2014 $8,299 $46,300 $14,000 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3889723

Garden State MLS

APN: 19-02604-0000-00037

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