NOT LISTED FOR SALE

505 7th St Union City, NJ 07087

Estimated Value: $452,000 - $642,000

4 Beds
2 Baths
-- Sq Ft
3,223 Sq Ft Lot

Last Sold March 14, 2013

Last sale price $170,000

Est. 221% increase in value since last sale

Current estimated payment $3,622/month

203 Days on Market

Highlights

  • Living Room
  • Sara M. Gilmore Academy Rated A-
  • 4-minute walk to Police Memorial Park

About This Home

As of March 2013

Short Sale! Subject to lender's approval. Property Needs TLC.

Last Agent to Sell the Property

Steve Caraccio

WEST HOBOKEN RESIDENTIAL LLC License #9808368 Listed on: 04/27/2012

Last Buyer's Agent

NESTOR GUZMAN

STAR REAL ESTATE AGENCY LLC License #0336822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,801

Lot Details

  • 3,223

Parking

  • 3 Parking Spaces

Home Design

  • Split Level Home
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Additional Features

  • Lot Dimensions are 31.90 x 100
  • Heating System Uses Gas

Community Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,200

Listing and Financial Details

  • Exclusions: All Personal Items
  • Legal Lot and Block 00009 / 00028
  • Assessor Parcel Number 512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,801

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Split Level
  • Exclusions: All Personal Items
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 512
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 4
  • Basement: Full
  • Total Living Rooms: 2
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 3+ Cars

Utilities

  • Heating/Cooling: Gas
  • Hot Water Expense: 500
  • Hot Water Expense Year: 2011

Fee Information

  • Insurance Expense: 1200
  • Water Sewer Expenses: 1200

Lot Info

  • Geo Address Line: 505 7th St
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00009
  • Lot Size: 31.90 X 100

Tax Info

  • Taxes: 6801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Mar 14, 2013
Sold by
Estrada Jose L
Bought by
Palisade Realty Group Llc
Seller's Agent
Steve Caraccio
WEST HOBOKEN RESIDENTIAL LLC
Buyer's Agent
NESTOR GUZMAN
STAR REAL ESTATE AGENCY LLC
List Price
$399,000
Sold Price
$170,000
Premium/Discount to List
-$229,000
-57.39%
Current Estimated Value
$546,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,000
Avg. Annual Appreciation
9.62%
Original Mortgage
$127,500
Outstanding Balance
$58,672
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$487,328

Purchase Details

Closed on
Jun 6, 2007
Sold by
Palisade Realty Group Llc
Bought by
Estrada Jose L

Purchase Details

Closed on
May 15, 2006
Sold by
Iafelice Anthony
Bought by
Palisade Realty Group Llc

Purchase Details

Closed on
Jun 27, 2002
Sold by
Iafelice Daniel and Iafelice Anthony
Bought by
Iafelice Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palisade Realty Group Llc $170,000 None Available
Estrada Jose L $371,000 Trans County Title Agency Ll
Palisade Realty Group Llc $305,000 Commonwealth Land Title Insu
Iafelice Anthony -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palisade Realty Group Llc $127,500
Previous Owner Iafelice Anthony $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2013 03/14/13 Sold $170,000 -57.4% --
11/16/2012 11/16/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $399,000 -- --
Source: Hudson County 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 $8,924 $444,800 $336,200 $108,600
2024 $8,449 $482,900 $328,000 $154,900
2023 $8,449 $109,900 $97,500 $12,400
2022 $8,145 $109,900 $97,500 $12,400
2021 $8,116 $109,900 $97,500 $12,400
2020 $8,024 $109,900 $97,500 $12,400
2019 $7,806 $109,900 $97,500 $12,400
2018 $7,660 $109,900 $97,500 $12,400
2017 $7,588 $109,900 $97,500 $12,400
2016 $7,572 $109,900 $97,500 $12,400
2015 $7,441 $109,900 $97,500 $12,400
2014 $7,280 $109,900 $97,500 $12,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Caraccio

    WEST HOBOKEN RESIDENTIAL LLC

    (201) 923-0251

    5 in this area

    71 Total Sales

    Steve Caraccio
    Section Image

  • N

    Buyer's Agent in 2013

    NESTOR GUZMAN

    STAR REAL ESTATE AGENCY LLC

See All Agents

Map

Source: Hudson County MLS

MLS Number: 120005077

Hudson County MLS

APN: 10-00028-0000-00009

New Jersey Hudson County Union City 07087

505 7th St, Union City, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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