NOT LISTED FOR SALE

551 Salem Rd Union, NJ 07083

Estimated Value: $335,347 - $627,000

3 Beds
1.5 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $342,500

Est. 45% increase in value since last sale

Current estimated payment $3,606/month

24 Days on Market

Highlights

  • Custom Home
  • Formal Dining Room
  • Eat-In Kitchen
  • Deck
  • 2 Car Attached Garage
  • In-Law or Guest Suite

About This Home

As of October 2021

Large home in Washington School District in need of updating, set up as mother/daughter, as is sale, cash offers only or 203k loans.

Last Agent to Sell the Property

OLGA C. FERREIRA

FERREIRA REALTY & ASSOCIATES Listed on: 08/20/2021

Last Buyer's Agent

Jeanne Hofmann

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,980

Year Built

  • Built in 1952

Lot Details

  • 5,663

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Schools

  • Washington Elementary School
  • Kawameeh Middle School
  • Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Deck
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2919-00711-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,980

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home, Split Level
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 551
  • Directions: Salem Road
  • I D: 5098087
  • Modified: 2022-10-30
  • Number Images: 3
  • First Name: OLGA C.
  • First Name3: JEANNE
  • Last Name: FERREIRA
  • Last Name3: HOFMANN
  • Office Phone: 908-686-6000
  • Office Phone3: 908-233-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 11
  • Bedrooms: 3
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Area: Formal Dining Room
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Kitchen, SepEnter
  • Kitchen Area: Eat-In Kitchen
  • Phone: 908-686-6000

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Washington
  • Middle School: Kawameeh
  • High School: Union
  • High School: Union
  • Middle Jr High School: Kawameeh

Lot Info

  • Lot Size: 50X115
  • Assessed Improvement Value: 29500
  • Assessed Land Value: 20400
  • Assessment: 49900
  • Easement: Unknown
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9980
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-00711-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 20.002
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 27, 2021
Sold by
Distefano Frank J
Bought by
Gold Sze Hung
Seller's Agent
OLGA C. FERREIRA
FERREIRA REALTY & ASSOCIATES
Buyer's Agent
Jeanne Hofmann
COLDWELL BANKER REALTY
List Price
$375,000
Sold Price
$342,500
Premium/Discount to List
-$32,500
-8.67%
Current Estimated Value
$496,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,837
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Aug 27, 2012
Sold by
Distefano Frank J and Distefano Patricia
Bought by
Distefano Frank J and Distefano Patricia
Source: Public Records

Range of Values:

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Average Value
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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
Gold Sze Hung $342,500 First American Title Ins Co
Distefano Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Distefano Frank J $100,000
Previous Owner Distefano Frank J $72,600
Previous Owner Distefano Frank J $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $342,500 -8.7% --
09/13/2021 09/13/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $375,000 -- --
Source: Garden State MLS

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 $10,813 $49,900 $20,400 $29,500
2023 $10,813 $49,900 $20,400 $29,500
2022 $10,437 $49,900 $20,400 $29,500
2021 $10,184 $49,900 $20,400 $29,500
2020 $9,981 $49,900 $20,400 $29,500
2019 $9,847 $49,900 $20,400 $29,500
2018 $9,679 $49,900 $20,400 $29,500
2017 $9,536 $49,900 $20,400 $29,500
2016 $9,303 $49,900 $20,400 $29,500
2015 $9,149 $49,900 $20,400 $29,500
2014 $8,944 $49,900 $20,400 $29,500
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2021

    OLGA C. FERREIRA

    FERREIRA REALTY & ASSOCIATES

  • Jeanne Hofmann

    Buyer's Agent in 2021

    Jeanne Hofmann

    COLDWELL BANKER REALTY

    (914) 282-3031

    1 in this area

    43 Total Sales

    Jeanne Hofmann
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3736093

Garden State MLS

APN: 19-00711-0000-00007

New Jersey Union County Union Township 07083

551 Salem Rd, Union Township, NJ

This home is located at 551 Salem Rd, Union, NJ 07083 since 20 August 2021 and is currently estimated at $496,337. This property was built in 1952. 551 Salem Rd 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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