Score
0Union, NJ
1276 Marcella Dr
582K
4 beds
2 baths
4 bd • 2 ba • sf
This analysis was generated on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$581,700
Price/Sq.Ft
$581,700
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
The property at 1276 Marcella Dr, Union, NJ 07083 boasts several positive attributes. It's located in a well-established suburban area with significant green space, as evidenced by the aerial image. The property features 4 bedrooms, which is above the average for the area and commands a higher rental rate of $2,890/month for four-bedroom homes. This suggests good potential for rental income if used as an investment property. The asking price of $581,700 is relatively affordable considering the median income in Union is $105,578, indicating potential for appreciation. The location appears to offer a balance of residential calm with proximity to urban amenities, as seen by the mix of housing and commercial areas in the image.
The Bad
The property lacks some crucial information, which makes a comprehensive analysis challenging. The year built and square footage are unknown, making it difficult to assess the true value per square foot or potential maintenance issues related to age. With only 2 bathrooms for 4 bedrooms, it may be less appealing to some buyers who prefer a higher bathroom-to-bedroom ratio. The lack of listed features suggests the home may not have standout amenities, potentially putting it at a disadvantage in a competitive market. The aerial image shows dense housing, which could mean limited privacy and potential for noise from neighbors.
The Ugly
The property's location in a densely populated area may lead to higher competition when selling or renting. New Jersey is known for high property taxes, which could significantly increase the total cost of ownership. Without knowing the year built, there's a risk of outdated systems or structural issues that could require costly repairs or upgrades. The aerial image shows some properties close to wooded areas, which could indicate a higher risk of pest problems or potential flooding issues in low-lying areas. The lack of detailed property information could suggest possible disclosure issues or difficulties in obtaining accurate property history.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for families or households needing multiple bedrooms, with an annual income of around $150,000 or more to comfortably afford the mortgage and high New Jersey property taxes. It's ideal for those who value suburban living with access to green spaces, as seen in the aerial image. Investors looking for rental properties in a stable market with steady demand due to the area's median income and proximity to New York City could also find this property attractive. First-time homebuyers who prioritize space over modern amenities and are willing to potentially update the property over time may also find this a good entry into the market.
Not For
This property is not suitable for buyers seeking a turnkey, modern home with all details and features clearly listed. It's not ideal for those who prioritize a high bathroom-to-bedroom ratio or specific high-end amenities. Buyers with limited budgets who can't accommodate potentially high property taxes and possible renovation costs should look elsewhere. It's also not appropriate for those seeking a rural or highly urban environment, as the aerial image shows a decidedly suburban setting. Individuals or couples looking for a smaller, low-maintenance property would find this 4-bedroom home excessive for their needs.
Demographics
Area Median Income
$105,578
Property History
Price History
Ownership Timeline
$289,000Financed
Jan 6, 2011Otelia Green, Estate Of Norman J GreenSteven Perkins, Elvirra Gallashaw Parham
Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$1,360
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