NOT LISTED FOR SALE

508 Bailey Ave Union, NJ 07083

Estimated Value: $174,468 - $647,000

2 Beds
1 Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold July 30, 2016

Last sale price $18,000

Est. 2,510% increase in value since last sale

Current estimated payment $3,287/month

Highlights

  • Colonial Architecture
  • Living Room
  • 1-minute walk to Petti Park
  • Detached Garage
  • Radiator

About This Home

As of April 2020

Second floor unit. Electric bill only, gas and water included in rent. Driveway has parking for 2 cars. Need window units for AC. Need renters insurance. Storage, washer and dryer are in basement. Use of back yard.

Last Agent to Rent the Property

Frank Coppola

Keller Williams Realty West Monmouth License #1109972 Listed on: 09/12/2019

Keller Williams Realty West Monmouth

Last Renter's Agent

Frank Coppola

Keller Williams Realty West Monmouth License #1109972 Listed on: 09/12/2019

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,485

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 19-02604-0000-00033

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1929
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Detached
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Parcel #: 19-02604-0000-00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2001
Sold by
Averilla Miriam A
Bought by
Averilla Miriam A and Averilla Virgilio Antonio
Current Estimated Value
$469,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1995
Sold by
Montferret Stephen and Montferret Anne
Bought by
Averilla Miriam A
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
Averilla Miriam A -- --
Averilla Miriam A $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Averilla Miriam A $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2020 04/01/20 Rented $20,400 -52.8% --
01/06/2020 01/06/20 Under Contract -- -- --
10/31/2017 10/31/17 Rented $43,200 0.0% --
07/30/2016 07/30/16 Sold $18,000 -- $23 / Sq Ft View Prior Sale
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 $9,812 $43,900 $14,000 $29,900
2024 $9,513 $43,900 $14,000 $29,900
2023 $9,513 $43,900 $14,000 $29,900
2022 $9,182 $43,900 $14,000 $29,900
2021 $8,960 $43,900 $14,000 $29,900
2020 $8,781 $43,900 $14,000 $29,900
2019 $8,663 $43,900 $14,000 $29,900
2018 $8,515 $43,900 $14,000 $29,900
2017 $8,389 $43,900 $14,000 $29,900
2016 $8,185 $43,900 $14,000 $29,900
2015 $8,049 $43,900 $14,000 $29,900
2014 $7,869 $43,900 $14,000 $29,900
Source: Public Records

Agents Affiliated with this Home

  • Frank Coppola

    Landlord's Agent in 2020

    Frank Coppola

    Keller Williams Realty West Monmouth

    (732) 585-5817

    73 Total Sales

    Frank Coppola
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2016

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21937540

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-02604-0000-00033

New Jersey Union County Union Township 07083

508 Bailey Ave, Union Township, NJ

Not Listed for Sale

MultiFamily

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Information is deemed reliable but not guaranteed.

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