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Union 07083
730 Roessner Drive
$650,000
● House - Off Market

730 Roessner Drive

Union, NJ 07083
bedrooms
5 Beds
bathrooms
3 Baths
$815,663
RealtyHop Estimate
31.14%
Since Dec 1, 2020
NY-New York
Primary Model

About This Property

*Vacant Since 02-21-2020* https://youtu.be/HWtwnx73n4E *Completely New From The First Floor Up,''Fairways Section'' Colonial*All new 5 bedroom 3 full baths*2 Story Foyer*Custom Moldings*Quartz Counter Tops*Custom Tile Work*Designer Center Island Kitchen*Designer Baths*Custom Hard Wood Floors*2nd Floor Laundry Room*Full Basement Ready to Finish*Amazing Location*Short Sale*
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,301
HOA Dues
-
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MOMLS #21935760)

Price History

Date / Event Date Event Price
Nov 3, 2020 Sold
Premium
Sold
Aug 30, 2019 Listed by RE/MAX INNOVATION $622,000
Listed by RE/MAX INNOVATION
*Vacant Since 02-21-2020* Virtual tours https://youtu.be/HWtwnx73n4E *Completely New From The First Floor Up,Fairways Section Colonial*All new 5 bedroom 3 full baths*2 Story Foyer*Custom Moldings*Quartz Counter Tops*Custom Tile Work*Designer Center Island Kitchen*Designer Baths*Custom Hard Wood Floors*2nd Floor Laundry Room*Full Basement Ready to Finish*Amazing Location*Short Sale*
Mar 30, 2019 No longer available -
No longer available
Nov 7, 2018 Listed $650,000
Listed
Completely new from the first floor up! Don't miss this all new 5 bedroom 3 full bath colonial conveniently located in the highly desirable Fairways section of town. High end finishes include extensive trim work, Quartz countertops, and custom tile work! Nothing to do except move in to this beautiful home! Don't miss this fantastic opportunity!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,718
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GALLOPING HILL ESTATES
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Union Township School District
  • Census Tract: 033000

Geography

  • District: 19
  • Parcel: 19 03101-0000-00051
  • Block: 3101
  • Lot: 51
  • Municipality: UNION TWP
  • Latitude: 40.6904
  • Longitude: -74.2835

    Address

  • Full Address: 730 Roessner Dr
  • Address - House Number: 730
  • Address - Street Name: Roessner
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Union
  • Carrier Code: C024
  • 4-Digit Zip Code: 8782
  • Zip Code: 07083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,714,018

    Appraisal Valuation

  • Standard Deviation: 0.2148
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 771,582
  • High Value: 937,326
  • Low Value: 605,837

    Market Valuation

  • Market Total Value: $79,100
  • Market Land Value: $22,200
  • Market Improvement Value: $56,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,100
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $56,900

    Sales

  • Current Sale Contract Date: Oct 27, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 331155
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: Mar 22, 2019
  • Previous Sale Amount: $652,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Union

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$351

Below Asking

0.01%

Average Days on Market

71

Average Home Size

641 ft²

Average Home Age

-

Currently For Sale

890 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MOMMLS

Listed by: Joseph A Marascio, RE/MAX Innovation
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21935760
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 730 Roessner Drive built and last sold?
The property at 730 Roessner Drive was built in 2019 and last sold on Oct 27, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 730 Roessner Drive is $655,490.
What are some comparable homes to 730 Roessner Drive?
There are currently no comparable homes to 730 Roessner Drive.
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