Overview
This Single-Family Tax Lien is located at Elker Rd, Union, NJ 07083. This property is Tax Lien with an estimated market value of $511,439.
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This single-family property is available as a tax lien at Elker Rd. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Union, specifically for Elker Rd and comparable listings. Based on this expert analysis, the estimated market value is $511,439. If purchased for rental purposes, the monthly rental rate could range between $0 and $0, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Elker Rd are updated daily along with others in Union, New Jersey, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 10 schools in the area. Nearby schools include Union High School and Burnet Middle School.
There are plenty of activities near this property like Kean University, Union Public Library, and more.
Public transportation options include: NJ Transit rail service at Union Station on the Raritan Valley Line, NJ Transit bus service connecting Union with Newark, Elizabeth, Irvington, and surrounding communities, Nearby rail options at Maplewood, Millburn, Roselle Park, and Newark Penn Station, Access to PATH service via Newark Penn Station for travel to Jersey City and Manhattan, Major road access via Garden State Parkway, I-78, Route 22, and Route 24. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Rabkin Park, Kawameeh Park and more.
Services available in the area include cellular and internet options.
The property located at Elker Rd in Union, NJ is listed as a Tax Lien
The property located at Elker Rd in Union, New Jersey has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Elker Rd located in Union, NJ is $2,240/month. Comparable homes around Elker Rd that are rentals have monthly ranges starting as low as $0 per month and as high as $0 per month. An owner looking to use this property as an investment could bring a return in the area of $0 - $0 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Active
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Rackley Rd
Clinton, NC
| 3 BEDS |
1.5 BATHS |
1,798 SQUARE FEET |
Single-Family PROPERTY TYPE |
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