NOT LISTED FOR SALE

507 Central Ave Unit 3 Union City, NJ 07087

Estimated Value: $629,000 - $823,666

3 Beds
2 Baths
1,640 Sq Ft
$263/mo HOA Fee

Last Sold July 02, 2024

Last sale price $670,000 $409 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,098/month

10 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Forced Air Heating and Cooling System
  • Sara M. Gilmore Academy Rated A-
  • 2 Car Attached Garage

About This Home

As of July 2024

Need more space? Sprawling 1640 sqft Penthouse Featuring 3 Bedrooms and 2 Full Bathrooms, Views of NYC, Terrace, and Garage Parking for 2 Cars! Upon entering you will find an expansive living/dining area that leads to a private terrace where you will enjoy a view of the Manhattan skyline. The kitchen is open with abundant counter space and features a large pantry as well as SS Appliances and Granite countertops. The oversized master bedroom has a walk-in closet built out with a modern wood california closet shelving system, en-suite bathroom, newly remodeled and tastefully outfitted with marble accents, walk-in shower with body jets and a ceiling mounted shower head for a true spa like experience. Wide planked hardwood floors throughout, washer dryer in unit, central a/c, smart lighting.. technology and top down bottom up blinds all included. Amazing attic storage that runs the length of the condo completes this package. Building was fully renovated in 2008/09. Close proximity to transportation, shopping and parks!

Last Agent to Sell the Property

STEPHANIE CASAZZA

Christie's International Real Estate Group License #0565715 Listed on: 05/29/2024

Christie's International Real Estate Group

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,771

Lot Details

  • 392

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Upper Level

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 10 00021-0000-00011-0000-C0003

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,771

Lot Details

0

HOA Fees

$263 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Property Attached Yn: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • General Property Info # UnitsBldgs: 3.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 263.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 10 00021-0000-00011-0000-C0003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9771.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jun 28, 2024
Sold by
Fitzsimmons Lisa R and Singh Lisa R
Bought by
Gassman Melissa Jovanka and Gassman Franck Sem
Seller's Agent
STEPHANIE CASAZZA
Christie's International Real Estate Group
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$615,000
Sold Price
$670,000
Premium/Discount to List
$55,000
8.94%
Views
17
Current Estimated Value
$736,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,167
Avg. Annual Appreciation
7.76%
Original Mortgage
$529,300
Outstanding Balance
$523,026
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$213,141

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 30, 2018
Sold by
Akhtar Mohammad Shafiq and Velanida Prieto Andres Leonardo
Bought by
Singh Lisa R
Seller's Agent
Andrew Sanderson
EXP REALTY LLC
Buyer's Agent
STEPHANIE CASAZZA
CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$420,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Rocha Realty Corp
Bought by
Akhtar Mohammad Shafiq
Source: Public Records

Range of Values:

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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
Gassman Melissa Jovanka $670,000 Acres Land Title
Gassman Melissa Jovanka $670,000 Acres Land Title
Singh Lisa R $525,000 Acres Land Title Agency Inc
Akhtar Mohammad Shafiq $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassman Melissa Jovanka $529,300
Closed Gassman Melissa Jovanka $529,300
Previous Owner Singh Lisa R $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $670,000 +8.9% $409 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $615,000 +17.1% $375 / Sq Ft
10/30/2018 10/30/18 Sold $525,000 +1.9% $314 / Sq Ft View Prior Sale
08/30/2018 08/30/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $515,000 -- $308 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,990 $610,200 $216,100 $394,100
2024 $9,771 $594,700 $205,800 $388,900
2023 $9,771 $127,100 $31,700 $95,400
2022 $9,419 $127,100 $31,700 $95,400
2021 $9,386 $127,100 $31,700 $95,400
2020 $9,280 $127,100 $31,700 $95,400
2019 $9,028 $127,100 $31,700 $95,400
2018 $8,859 $127,100 $31,700 $95,400
2017 $8,775 $127,100 $31,700 $95,400
2016 $8,757 $127,100 $31,700 $95,400
2015 $8,282 $127,100 $31,700 $95,400
2014 $7,435 $116,700 $31,700 $85,000
Source: Public Records

Agents Affiliated with this Home

  • STEPHANIE CASAZZA

    Seller's Agent in 2024

    STEPHANIE CASAZZA

    Christie's Real Estate Northern NJ

    (646) 334-3834

    2 in this area

    47 Total Sales

    STEPHANIE CASAZZA
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER MORR

    NON MEMBER

  • Andrew Sanderson

    Seller's Agent in 2018

    Andrew Sanderson

    EXP REALTY LLC

    (505) 573-1184

    17 in this area

    101 Total Sales

    Andrew Sanderson
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    ALEXANDER LOPEZ

    EXP REALTY LLC

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22414952

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00021-0000-00011-0000-C0003

New Jersey Hudson County Union City 07087

507 Central Ave Unit 3, Union City, NJ

This home is located at 507 Central Ave Unit 3, Union City, NJ 07087 since 29 May 2024 and is currently estimated at $736,167, approximately $448 per square foot. 507 Central Ave Unit 3 is a home located in Hudson County with nearby schools including Thomas A. Edison Elementary School, Sara M. Gilmore Academy, and Jose Marti Freshman Academy.

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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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