540 Olive Ter, Union, NJ 07083 is a single family home that contains 1,838 sq ft and was built in 1940. It contains 3 bedrooms and 2 bathrooms. This home last sold for $51,060 in October 2024.
The Zestimate for this house is $604,500. The Rent Zestimate for this home is $3,671/mo.
Sold for $51,060
Street View
$51,060
540 Olive Ter, Union, NJ 07083
3beds
1,838sqft
SingleFamily
Built in 1940
5,501 Square Feet Lot
$604,500 Zestimate®
$28/sqft
$3,671 Estimated rent
Home value
$604,500
$544,000 - $665,000
$3,671/mo
Zestimate® history
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$3,671/mo
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$3,671/mo
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$303/mo
Est. payment
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$303/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,838 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 5,501 Square Feet
Details
- Parcel number: 1902513000000020
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
Condition
- Year built: 1940
Community & HOA
Location
- Region: Union
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $52,500
- Annual tax amount: $11,734
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $51,060+8.2%$28/sqft |
Source: Public Record Report a problem | ||
| 5/31/2023 | Sold | $47,175-89%$26/sqft |
Source: Public Record Report a problem | ||
| 9/17/2020 | Sold | $430,000+2.4%$234/sqft |
Source:  GSMLS #3619512 Report a problem | ||
| 5/13/2020 | Listing removed | $419,900$228/sqft |
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #3619512 Report a problem | ||
| 2/27/2020 | Listed for sale | $419,900$228/sqft |
Source: CENTURY 21 Mack-Morris Iris Lurie Inc #3619512 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,734 | $52,500 |
| 2024 | $11,734 +3.1% | $52,500 |
| 2023 | $11,376 +3.6% | $52,500 |
| 2022 | $10,981 +2.5% | $52,500 |
| 2021 | $10,715 +3.4% | $52,500 |
| 2020 | $10,360 +1.7% | $52,500 |
| 2019 | $10,183 | $52,500 |
| 2018 | $10,183 +4% | $52,500 |
| 2017 | $9,788 +1.7% | $52,500 |
| 2016 | $9,626 +2.3% | $52,500 |
| 2015 | $9,410 +1.8% | $52,500 |
| 2014 | $9,240 +2.9% | $52,500 |
| 2013 | $8,976 +3.3% | $52,500 |
| 2012 | $8,693 +4.2% | $52,500 |
| 2011 | $8,341 +3.5% | $52,500 |
| 2010 | $8,057 +2.5% | $52,500 |
| 2009 | $7,862 | $52,500 |
| 2008 | -- | $52,500 |
| 2007 | $7,585 | $52,500 |
| 2006 | -- | $52,500 |
| 2005 | -- | $52,500 |
| 2004 | -- | $52,500 |
| 2003 | -- | $52,500 +1.4% |
| 2002 | -- | $51,800 |
| 2001 | -- | $51,800 |
Find assessor info on the county website
Neighborhood: 07083
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 7/10Kawameeh Middle SchoolGrades: 5-8Distance: 0.3 mi
- 3/10Union Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$604,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$604,500
- New Jersey
- Union County
- Union
- 07083
- 540 Olive Ter
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