| Primary address | 507 Olive Terrace, Union |
| Zip code | 07083 |
| County | Union |
| Municipality | Union Township |
| Block | 2514 |
| Lot | 15 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Property tax | $9,936 |
| Building class | Residential (2) |
| Acreage | 0.115 |
| Year built | 1945 |
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:
507 Olive Terrace, Union, NJ 07083 was built in 1945.
What is the assessed value of 507 Olive Terrace, Union, NJ 07083 and the property tax paid?Assessed at $42,600, the tax amount paid for 507 Olive Terrace, Union, NJ 07083 is $9,935.
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 507 Olive Terrace, Union, including title documents, transfer conditions, mortgages and liens.
Access detailed property tax data for 507 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 | $9,936 |
| Market value | $42,600 |
Here's the assessment & property tax history for 507 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 |
|---|---|---|---|---|---|
| 2025 | $42,600 | $42,600 | 23.323 | $9,936 | +4.35% |
| 2024 | $42,600 | $42,600 | 22.351 | $9,522 | +3.15% |
| 2023 | $42,600 | $42,600 | 21.669 | $9,231 | +3.60% |
| 2022 | $42,600 | $42,600 | 20.916 | $8,910 | +2.48% |
| 2021 | $42,600 | $42,600 | 20.409 | $8,694 | +2.03% |
Create a free account to unlock extended information for 507 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 507 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 | 0.24 |
| Washington Elementary School | 6 | Public | PK, K-4 | 572 | 0.24 |
| Kawameeh Middle School | 6 | Public | 5-8 | 710 | 0.36 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.61 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.61 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Kawameeh Middle School | 6 | Public | 5-8 | 710 | 0.36 |
| Holy Spirit School | NR | Private | PK-8 | 112 | 0.61 |
| The Jardine Academy | NR | Private | 0 | 0.93 | |
| Number 21, Victor Mravlag Elementary School | 8 | Public | PK, K-8 | 623 | 1.17 |
| St Michael Parish School | NR | Private | PK-8 | 347 | 1.30 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| The Jardine Academy | NR | Private | 0 | 0.93 | |
| Roselle Park High School | 3 | Public | 9-12 | 630 | 1.36 |
| Hillside High School | 2 | Public | 9-12 | 925 | 1.39 |
| Deron School I | NR | Private | PK-11 | 95 | 1.64 |
| Raymond Lesniak Energy Strength Hope Recovery High School | NR | Public | 9-12 | 2 | 1.71 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 507 Olive Terrace, Union.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 539 Olive Ter, Union | 1,620 | 06/03/2025 | $655,000 |
| 511 Olive Ter, Union | 11/30/1998 | $163,000 | |
| 503 Olive Ter, Union | 07/25/2000 | $175,000 | |
| 432 Colonial Ave, Union | 2,278 | 03/22/2021 | $670,000 |
| 540 Andress Ter, Union | 1,449 | 04/07/2021 | $407,000 |
| 529 Olive Ter, Union | 1,950 | 06/18/2022 | $400,000 |
| 510 Andress Ter, Union | 01/14/2003 | $1 | |
| 520 Andress Ter, Union | 1,638 | 11/30/2020 | $387,500 |
| 524 Andress Ter, Union | 11/03/2017 | $300,000 | |
| 521 Olive Ter, Union | 01/26/2016 | $100 | |
| 543 Olive Ter, Union | 100 | 01/20/2017 | $370,000 |
| 531 Olive Ter, Union | 09/29/2025 | $1 | |
| 549 Olive Ter, Union | 01/22/2001 | $180,000 | |
| 504 Andress Ter, Union | 07/23/2015 | $1 | |
| 525 Olive Ter, Union | 1,179 | 06/10/2019 | $339,000 |
| 422 Colonial Ave, Union | 07/31/2015 | $235,000 | |
| 534 Andress Ter, Union | 1,650 | 02/28/2019 | $375,000 |
| 553 Olive Ter, Union | 11/12/1999 | $153,000 | |
| 516 Andress Ter, Union | 12/10/2003 | $330,000 | |
| 515 Olive Ter, Union | 05/14/2018 | $374,000 |