| Primary address | 540 Olive Terrace, Union |
| Zip code | 07083 |
| County | Union |
| Municipality | Union Township |
| Block | 2513 |
| Lot | 20 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/24/2024 |
| Sale price | $51,060 |
| Arm's length | Register |
| Property tax | $11,734 |
| Building sqft | 1,838 |
| Building class | Residential (2) |
| Acreage | 0.126 |
| Year built | 1940 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
540 Olive Terrace, Union, NJ 07083 was built in 1940 and has a total of 1,838 square feet.
What is the assessed value of 540 Olive Terrace, Union, NJ 07083 and the property tax paid?Assessed at $52,500, the tax amount paid for 540 Olive Terrace, Union, NJ 07083 is $12,244.
When was 540 Olive Terrace, Union, NJ 07083 last sold and what was the last sale price?540 Olive Terrace, Union, NJ 07083 was last sold in 09/24/2024 for $51,060.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 540 Olive Terrace, Union, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 540 Olive Terrace, Union, NJ 07083. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $11,734 |
| Market value | $52,500 |
Here's the assessment & property tax history for 540 Olive Terrace, Union, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $52,500 | $52,500 | 22.351 | $11,734 | +3.15% |
| 2023 | $52,500 | $52,500 | 21.669 | $11,376 | +3.60% |
| 2022 | $52,500 | $52,500 | 20.916 | $10,981 | +2.48% |
| 2021 | $52,500 | $52,500 | 20.409 | $10,715 | +2.03% |
| 2020 | $52,500 | $52,500 | 20.002 | $10,501 | +1.36% |
Create a free account to unlock extended information for 540 Olive Terrace, Union, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 540 Olive Terrace, Union to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Washington Elementary School | 6 | Public | PK, K-4 | 572 | 0.26 |
| Washington Elementary School | 6 | Public | PK, K-4 | 572 | 0.26 |
| Kawameeh Middle School | 6 | Public | 5-8 | 710 | 0.30 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.59 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.59 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Kawameeh Middle School | 6 | Public | 5-8 | 710 | 0.30 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.59 |
| The Jardine Academy | NR | Private | 0 | 1.01 | |
| St Michael Parish School | NR | Private | PK-8 | 347 | 1.23 |
| Burnet Middle School | 4 | Public | 5-8 | 981 | 1.24 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| The Jardine Academy | NR | Private | 0 | 1.01 | |
| Roselle Park High School | 3 | Public | 9-12 | 630 | 1.40 |
| Hillside High School | 2 | Public | 9-12 | 925 | 1.41 |
| Deron School I | NR | Private | PK-11 | 95 | 1.57 |
| Union Senior High School | 3 | Public | 9-12 | 2,308 | 1.74 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 540 Olive Terrace, Union.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 415 Crawford Ter, Union | 02/10/2017 | $258,000 | |
| 534 Olive Ter, Union | 1,776 | 11/10/2006 | $399,000 |
| 410 Colonial Ave, Union | 05/24/1984 | $130,000 | |
| 517 Homer Ter, Union | 03/23/1993 | $119,000 | |
| 548 Olive Ter, Union | 1,792 | 05/30/2023 | $560,000 |
| 556 Olive Ter, Union | 04/15/1985 | $112,000 | |
| 568 Olive Ter, Union | 03/11/2005 | $349,900 | |
| 530 Olive Ter, Union | 100 | 11/07/2014 | $465,000 |
| 525 Homer Ter, Union | 02/03/2011 | $362,500 | |
| 552 Olive Ter, Union | 09/04/2014 | $10 | |
| 411 Crawford Ter, Union | 1,197 | 10/19/2022 | $450,000 |
| 524 Olive Ter, Union | 12/23/1980 | ||
| 544 Olive Ter, Union | 12/01/2010 | $295,000 | |
| 520 Olive Ter, Union | 1 | 04/09/2016 | $1 |
| 560 Olive Ter, Union | 06/24/2015 | $1 | |
| 402 Colonial Ave, Union | 06/28/1983 | ||
| 572 Olive Ter, Union | 1 | 07/22/1993 | $1 |
| 419 Crawford Ter, Union | 1,331 | 11/20/2020 | $320,000 |
| 521 Homer Ter, Union | 1,257 | 06/20/2023 | $450,000 |
| 529 Homer Ter, Union | 05/31/2018 | $339,000 |