$670,000
SOLD JUL 2, 2024

507 Central Ave Unit 3 Union City, NJ 07087

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

Recently Sold

$409 Per Sq Ft

9% Above List Price

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

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
$741,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,759
Avg. Annual Appreciation
9.17%
Original Mortgage
$529,300
Outstanding Balance
$523,492
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$218,267

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $670,000 Acres Land Title
Deed $525,000 Acres Land Title Agency Inc
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $529,300 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $288,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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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