1616 May Street

Local assessors in Union, NJ have categorized 1616 May Street as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 3,498 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 350 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 1616 May Street sold most recently in Oct 24, 2011 for a total of $185,000. If you work out the math, that's approximately a cost of $185,000.00 per sqft. Before that, the property was also sold for $163,500 in Jul 10, 1995. 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 $8,971 in taxes each year. 1616 May Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,400. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $27,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.