NOT LISTED FOR SALE

505 Chestnut St Unit 10 Union, NJ 07083

Estimated Value: $759,000 - $5,250,000

1 Bed
1 Bath
-- Sq Ft
0.76 Acres

About This Home

Nice and clean one bedroom one bath rental located in the heart of Union Township. Open floor plan with large living room and dining area. Floors recently updated. Unit comes with one assigned parking space and in building laundry. Tenant responsible for utilities. Close to major highways and transportation.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2005
Sold by
Martorana Joseph
Bought by
Martorana Enterprises Union Ll
Current Estimated Value
$3,004,500

Purchase Details

Closed on
Jan 27, 2001
Sold by
Chestnut Investment Company Llc
Bought by
Martorana Joseph and Martorana Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 1999
Sold by
Chestnut Investment Company Llc
Bought by
Chestnut Investment Company Llc

Purchase Details

Closed on
Sep 17, 1998
Sold by
Petti Jerome and Petti Gennaro
Bought by
Chestnut Investment Company Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Martorana Enterprises Union Ll -- --
Martorana Joseph $1,840,000 Ticor Title Insurance Compan
Chestnut Investment Company Llc -- --
Chestnut Investment Company Llc -- --
Chestnut Investment Company Llc $120,833 --
Chestnut Investment Company Llc $256,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martorana Enterprises Union Llc $1,500,000
Previous Owner Martorana Joseph $1,470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Rented $1,400 0.0% --
11/04/2019 11/04/19 For Rent $1,400 -- --

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 $71,508 $330,000 $132,500 $197,500
2023 $71,508 $330,000 $132,500 $197,500
2022 $69,023 $330,000 $132,500 $197,500
2021 $67,350 $330,000 $132,500 $197,500
2020 $66,007 $330,000 $132,500 $197,500
2019 $65,119 $330,000 $132,500 $197,500
2018 $64,010 $330,000 $132,500 $197,500
2017 $63,063 $330,000 $132,500 $197,500
2016 $61,525 $330,000 $132,500 $197,500
2015 $60,506 $330,000 $132,500 $197,500
2014 -- $330,000 $132,500 $197,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Luis Miranda

    Coldwell Banker, Summit

    (973) 839-0800

    24 Total Sales

    Luis Miranda
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Map

New Jersey Union County Union Township 07083

505 Chestnut St Unit 10, Union Township, NJ

This home is located at 505 Chestnut St Unit 10, Union, NJ 07083 and is currently estimated at $3,004,500. 505 Chestnut St Unit 10 is a home located in Union County with nearby schools including Washington Elementary School, Kawameeh Middle School, and Union High School.

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