9 months on rocket

988 Lorraine Ave, Union Twp, NJ, 07083

$480,900

Home List Price

$5,711*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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988 Lorraine Ave, Union Township$480,900

Buyer Closing Credits

$5,711*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Width, Detached Garage
Garage2 spaces
Year Built1916
HeatingNatural Gas
BasementYes
MLS #3891419
Lot Size0.09 Acres
StatusActive

About 988 Lorraine Ave

Welcome to your ideal home in a prime neighborhood! This charming residence offers three spacious bedrooms, including two bathrooms. The living area seamlessly connects to a kitchen and dining space, perfect for entertaining. Enjoy outdoor relaxation in the private backyard. With a new two-car garage, this home combines comfort and convenience in an unbeatable location close to major transportation routes. Sold as is. Back in the market buyer couldn't perform. Price just reduced

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1916

Listing Office:

  • Office Name: ALIGN RIGHT REALTY HOMEKEY
  • Office Phone: (732) 709-3600

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Morris Ave to Lorraine Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,900
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Housing Market Comparison

See how this home compares to others in Union Township, NJ.

Med. Sold Price

$545K

Med. Price/SqFt

$360

Avg. Days On Market

19

# of Sold Homes

29

988 Lorraine Ave vs Union Township

274 DAYS ON ROCKET

+255 Days

$480,900

-$64.1K Less

KEY TAKEAWAY

This property is $64.1K less than the Median Sold Price in Union Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3891419

Listing Office:

  • Office Name: ALIGN RIGHT REALTY HOMEKEY
  • Office Phone: (732) 709-3600

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,508

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4558065
5
/10
  • Livingston Elementary School

  • 960 Midland Blvd

  • 0.23 miles

  • Public District Grades PK-4

school-card-donut-4558066
3
/10
  • Calvin Coolidge School

  • 614 Tillman St

  • 0.79 miles

  • Public District Grades 2-2

school-card-donut-4558067
6
/10
  • Hurden Looker School

  • 1261 Liberty Ave

  • 0.89 miles

  • Public District Grades 3-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,808. The most common annual income of people living in Union Township, NJ is between $100k-200k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 988 Lorraine Ave

What is the listing price of this property?

The listing price of 988 Lorraine Ave property is $480,900.

What type of property is this?

The property 988 Lorraine Ave is a house located in Union Twp, New Jersey, 07083.

Is this property for sale now?

Active Listing: 988 Lorraine Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 988 Lorraine Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 988 Lorraine Ave is 1916.

Rocket Homes›New Jersey›Union County›Union Township›07083›988 Lorraine Ave

This home is located at 988 Lorraine Ave in Union Twp, NJ and zip code 07083. This home, which was built in 1916, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $480,900.

While more than 22 listings in Union Township, NJ in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Union Township, NJ increased by 2% between October 2024 and November 2024. While the average time on the market in November 2024 was 19 days, the median list price was $545,000.

From Rocket Homes Real Estate and based on county public records data.

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