NOT LISTED FOR SALE

988 Lorraine Ave Unit 1 Union, NJ 07083

Estimated Value: $437,000 - $510,000

-- Bed
2 Baths
-- Sq Ft
4,138 Sq Ft Lot

About This Home

This home is located at 988 Lorraine Ave Unit 1, Union, NJ 07083 and is currently estimated at $476,667. 988 Lorraine Ave Unit 1 is a home located in Union County with nearby schools including Livingston Elementary School and Union High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Da Silva Arlene
Bought by
Carr Jonathan
Current Estimated Value
$476,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,535
Outstanding Balance
$498,360
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$21,693
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Carr Jonathan $490,000 Sunnyside Title
Carr Jonathan $490,000 Sunnyside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Jonathan $500,535
Source: Public Records

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 $7,912 $36,700 $14,100 $22,600
2024 $7,671 $35,400 $14,100 $21,300
2023 $7,671 $35,400 $14,100 $21,300
2022 $7,404 $35,400 $14,100 $21,300
2021 $7,225 $35,400 $14,100 $21,300
2020 $7,081 $35,400 $14,100 $21,300
2019 $6,985 $35,400 $14,100 $21,300
2018 $6,867 $35,400 $14,100 $21,300
2017 $6,765 $35,400 $14,100 $21,300
2016 $6,600 $35,400 $14,100 $21,300
2015 $6,491 $35,400 $14,100 $21,300
2014 $6,345 $35,400 $14,100 $21,300
Source: Public Records

Map

New Jersey Union County Union Township 07083

988 Lorraine Ave Unit 1, Union Township, NJ

Not Listed for Sale

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