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103 Richard Terrace

103 Richard Terrace, Union, NJ 07083
Property in Union
Sold Dec 06, 2006
$325,000
Buyer
Seller
$260,000 by Weichert Financial Services
Mortgage Due Dec 06, 2036
103 Richard Terrace in Union, NJ was first built in 1953 and is 71 years old. This has been categorized as a residential property type. There are a total of 2 floors. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,998 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 103 Richard Terrace sold most recently in Sep 26, 2006 for a total of $325,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,218 in taxes each year. 103 Richard Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,000. If we break it down further, the land itself was valued at $18,600. Improvements to the property, however, were assessed at a total of $42,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NGUYEN DUNG
  • Previous Owner : KAPLAN JACK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union Township School District
  • Census Tract: 032600

Geography

  • District: 19
  • Parcel: 19 02110-0000-00040
  • Block: 2110
  • Lot: 40
  • Municipality: UNION TWP
  • Latitude: 40.7053
  • Longitude: -74.252

    Address

  • Full Address: 103 Richard Ter
  • Address - House Number: 103
  • Address - Street Name: Richard
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Union
  • Carrier Code: C048
  • 4-Digit Zip Code: 4714
  • Zip Code: 07083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,218

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 558,034
  • High Value: 687,435
  • Low Value: 428,634

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 06, 2006
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 06, 2036
  • Second Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Dec 06, 2006
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $260,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $61,000
  • Market Land Value: $18,600
  • Market Improvement Value: $42,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000
  • Assessed Land Value: $18,600
  • Assessed Improvements Value: $42,400

    Sales

  • Current Sale Contract Date: Sep 26, 2006
  • Current Sale Recording Date: Dec 06, 2006
  • Current Sale Transaction ID: 11474249454
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 06, 2006
  • First Mortgage Loan Amount: $260,000

About Union



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Frequently Asked Questions

What neighborhood is 103 Richard Terrace located in?
The 103 Richard Terrace is a located in the neighborhood of Union in Union, Union.
What is the average sales price for listings in 103 Richard Terrace?
The average sales price for units in 103 Richard Terrace is $0 currently.

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