SOLD
260220
1115 FALLS TERR
Union, NJ
$618,500
31,488
Sq. Ft.
$20
Per Sq. Ft.
Residential
Property Type
Tax Assessment Analysis
Sale Price
$618,500
Total Assessed
$38,800
Sale vs. Assessed
+$579,700
(+1494.1%)
Land Value
$14,000
Building Value
$24,800
Union Market Overview
$575,000
Median Price
458
Total Sales
+0.0%
Year over Year
Active
Market Type
📊 Investment Analysis
$4,330
Est. Monthly Rent
$4,689
Est. Mortgage
7.4% · 20% down
-$359
Monthly Cash Flow
8.4%
Cap Rate
-3.5%
Cash-on-Cash Return
Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.
🏘 Union Neighborhood Guide
45
Walk Score
Car-Dependent
52
Min to NYC
With transfer
Union Station
Train Station
Raritan Valley
Neighborhoods in Union
Connecticut Farms
$600,000 to $850,000
Best for: Families, history buffs
Battle Hill
$500,000 to $700,000
Best for: University-adjacent living
Vauxhall
$375,000 to $500,000
Best for: First-time buyers, investors
Five Points
$475,000 to $650,000
Best for: Convenience seekers
Union Township is the largest municipality in Union County by population — nearly 60,000 residents representing one of NJ's most diverse communities. Kean University brings academic energy, while Stuyvesant Avenue and Morris Avenue commercial corridors serve as dining and shopping hubs. NJ Transit's...
Explore Union →Comparable Sales in Union
Property Record
Address
1115 FALLS TERR, Union, NJ
Block / Lot
04208 / 0
Property Class
Residential (Class 2)
Square Footage
31,488 sqft
Sale Date
260220
Hector Rueda
Licensed Real Estate Sales Associate
📞 Call Hector Get Your Home Value Thinking of Selling?Interested in this area? I can show you similar properties and help you understand the market.