NOT LISTED FOR SALE

941 Valley St Union, NJ 07083

Estimated Value: $551,000 - $770,000

8 Beds
4 Baths
4,000 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2022

Last sale price $580,000 $145 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,430 / mo

50 Days on Market

Highlights

  • Air Conditioning
  • Zoned Heating
  • 1-minute walk to Davis Park
  • Handicap Accessible

About This Home

As of October 2022

Calling all investors...Super deal on 3 family in Union. Rehab needed on second floor which now has 2 units. Easily transform into 1 five bedroom. Transform main level in excellent shape to a 4 bedroom from 3 and lower level from a studio to a 1 bedroom for maximum rents. Will create a rent roll of over 8,000! Do the numbers ROI is amazing. Huge lot of over 8,000 square feet. Lots of parking. Huge potential If you have the vision! AS IS SALE Propery needs work 3 bedroom in good shape!

Last Agent to Sell the Property

Shonda Neal

EXIT Realty East Coast Shirvanian License #0017715 Listed on: 07/13/2022

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Eddie Mardahaev

Key Commercial Realty Corp License #1975034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,960

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 53.43 x 163

Parking

  • 6 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Heated Basement
  • Stove

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 19-04703-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,960

Year Built

Built in 1910

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1910
  • Contract Info List PriceSqFt: 162.5
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 53.43 x 163
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Basement Heated: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Partially Finished, Heated, Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 3
  • Basement Finished: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Exclusions: none

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 53.43 x 163
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-04703-0000-00026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7960.0
  • Tax Other Annual Assessment Amount: 39000.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Mardahaev Eddie
Bought by
941 Valley St Llc
Current Estimated Value
$660,136

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 24, 2022
Sold by
Russell Arthur William
Bought by
Mardahaev Eddie
Seller's Agent
Shonda Neal
EXIT Realty East Coast Shirvanian
Buyer's Agent
Eddie Mardahaev
Key Commercial Realty Corp
List Price
$599,900
Sold Price
$580,000
Premium/Discount to List
-$19,900
-3.32%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$435,000
Interest Rate
6.7%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
941 Valley St Llc $430,000 First American Title
941 Valley St Llc $430,000 First American Title
Mardahaev Eddie $580,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Mardahaev Eddie $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Sold $580,000 -10.8% $145 / Sq Ft
08/22/2022 08/22/22 Price Changed $650,000 -7.1% $163 / Sq Ft
07/14/2022 07/14/22 Price Changed $699,900 +16.7% $175 / Sq Ft
07/13/2022 07/13/22 For Sale $599,900 -- $150 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,214 $45,700 $17,500 $28,200
2024 $8,451 $45,700 $17,500 $28,200
2023 $8,451 $39,000 $17,500 $21,500
2022 $8,157 $39,000 $17,500 $21,500
2021 $7,960 $39,000 $17,500 $21,500
2020 $7,801 $39,000 $17,500 $21,500
2019 $7,696 $39,000 $17,500 $21,500
2018 $7,565 $39,000 $17,500 $21,500
2017 $7,453 $39,000 $17,500 $21,500
2016 $7,271 $39,000 $17,500 $21,500
2015 $6,901 $39,000 $17,500 $21,500
2014 $6,740 $39,000 $17,500 $21,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shonda Neal

    EXIT Realty East Coast Shirvanian

    (732) 685-6860

    1 in this area

    8 Total Sales

    Shonda Neal
    Section Image

  • E

    Buyer's Agent in 2022

    Eddie Mardahaev

    Key Commercial Realty Corp

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22218688

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-04703-0000-00026

New Jersey Union County Union 07083

941 Valley St, Union, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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