NOT LISTED FOR SALE

725 Arnold Place Union, NJ 07083

Estimated Value: $760,424 - $828,000

-- Bed
-- Bath
1 Sq Ft
$788,106/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $735,000 $735,000 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,373/month

27 Days on Market

About This Home

As of August 2024

This home is located at 725 Arnold Place, Union, NJ 07083 since 22 June 2024 and is currently estimated at $788,106, approximately $788,106 per square foot. 725 Arnold Place is a home located in Union County with nearby schools including Battle Hill Elementary School, Burnet Middle School, and Union High School.

Last Agent to Sell the Property

Frances Gratacos

WEICHERT REALTORS Brokerage Phone: 732-494-6800 Listed on: 06/22/2024

WEICHERT REALTORS

Co-Listed By

TANIA MASSICOT

WEICHERT REALTORS Brokerage Phone: 732-494-6800

Last Buyer's Agent

Angela Colindres

SAFEWAY REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,327

Lot Details

  • 82 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,327

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 725
  • I D: 5296179
  • Modified: 2025-08-20
  • Number Images: 1
  • Attribution Contact: 732-494-6800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 82.98X99.75
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Aug 16, 2024
Sold by
Omoruyi Abimbola Bolanle
Bought by
Molina Luis and Vinueza Carol
Seller's Agent
Frances Gratacos
WEICHERT REALTORS
Buyer's Agent
Angela Colindres
SAFEWAY REALTY GROUP
List Price
$679,900
Sold Price
$735,000
Premium/Discount to List
$55,100
8.1%
Views
53
Current Estimated Value
$788,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,106
Avg. Annual Appreciation
6.43%
Original Mortgage
$710,469
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2019
Sold by
Fannie Mae
Bought by
Omoruyi Abimbola Bolanle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,312
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2017
Sold by
Enyikpe Emmanuella and Enyikpe Emmanuella
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2009
Sold by
Okorafor Chimela
Bought by
Enyikpe Emmanuella

Purchase Details

Closed on
Dec 23, 2004
Sold by
Warren Ken
Bought by
Okorafor Chimela and Enyikpe Emmanuella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1996
Sold by
Warren Peter and Warren Helen
Bought by
Warren Peter
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Molina Luis $735,000 Chicago Title
Molina Luis $735,000 Chicago Title
Omoruyi Abimbola Bolanle $323,165 Chicago Title Insurance Co
Federal National Mortgage Association $1,000 None Available
Enyikpe Emmanuella $326,145 None Available
Okorafor Chimela $485,000 --
Warren Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molina Luis $710,469
Previous Owner Omoruyi Abimbola Bolanle $317,312
Previous Owner Okorafor Chimela $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $735,000 +8.1% $735,000 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $679,900 -- $679,900 / Sq Ft
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
2025 $14,327 $64,100 $21,200 $42,900
2024 $13,890 $64,100 $21,200 $42,900
2023 $13,890 $64,100 $21,200 $42,900
2022 $13,407 $64,100 $21,200 $42,900
2021 $13,082 $64,100 $21,200 $42,900
2020 $12,821 $64,100 $21,200 $42,900
2019 $12,649 $64,100 $21,200 $42,900
2018 $12,433 $64,100 $21,200 $42,900
2017 $12,250 $64,100 $21,200 $42,900
2016 $11,951 $64,100 $21,200 $42,900
2015 $11,753 $64,100 $21,200 $42,900
2014 $11,489 $64,100 $21,200 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3909406

Garden State MLS

APN: 19-03704-0000-00038