NOT LISTED FOR SALE

516 18th St Union City, NJ 07087

Estimated Value: $664,000 - $890,000

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold April 15, 2020

Last sale price $239,000

Est. 221% increase in value since last sale

Current estimated payment $4,872/month

287 Days on Market

About This Home

As of April 2020

long term leases in place Subject to 3rd party

Last Agent to Sell the Property

Menachem Lefkowitz

C21/ Value Plus Realty Listed on: 01/17/2019

Last Buyer's Agent

Jonathan Rubin

Imperial Real Estate Agency License #0015351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1893

Lot Details

  • 2,483

Home Design

  • Duplex

Utilities

  • Zoned Heating
  • Heating System Uses Oil Below Ground
  • Separate Meters
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 25 x 100
  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10-00098-0000-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,692

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1893
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Stories: 2
  • Basement:Partially Finished: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Below Ground, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25 x 100
  • Parcel #: 10-00098-0000-00025

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8692.0
  • Tax Other Annual Assessment Amount: 124700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2021
Sold by
516 18St Llc
Bought by
Mandel Shimon Y
Total Days on Market
287
Current Estimated Value
$767,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$365,426
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$402,047

Purchase Details

Closed on
Jan 23, 2020
Sold by
Oak Harbor Llc
Bought by
516 18Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 11, 2019
Sold by
Santiago Maria G and Santiago Antonio
Bought by
Oak Harbor Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Santiago Maria G
Bought by
Santiago Maria G and Santiago Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
6.21%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2005
Sold by
Iannazzone Frank J and Iannazzone Barbara
Bought by
Santiago Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,700
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Mandel Shimon Y -- Capital Abstract Co
516 18Th Llc $320,000 Capital Abstract Co
Oak Harbor Llc $239,000 Dekel Abstract Llc
Santiago Maria G -- New Jersey Land Title Insura
Santiago Maria G $442,000 Nuco Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandel Shimon Y $399,000
Closed 516 18Th Llc $326,000
Previous Owner Santiago Maria G $486,000
Previous Owner Santiago Maria G $440,000
Previous Owner Santiago Maria G $400,000
Previous Owner Santiago Maria G $375,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $239,000 -- --
10/31/2019 10/31/19 Pending -- -- --
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
2024 $9,587 $642,000 $270,000 $372,000
2023 $9,587 $124,700 $85,500 $39,200
2022 $9,242 $124,700 $85,500 $39,200
2021 $9,209 $124,700 $85,500 $39,200
2020 $9,104 $124,700 $85,500 $39,200
2019 $8,857 $124,700 $85,500 $39,200
2018 $8,692 $124,700 $85,500 $39,200
2017 $8,609 $124,700 $85,500 $39,200
2016 $8,592 $124,700 $85,500 $39,200
2015 $8,125 $124,700 $85,500 $39,200
2014 $9,856 $154,700 $85,500 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21902337

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00098-0000-00025