Union City, NJ 07087 Real Estate & Property Data

Union City, NJ 07087 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 301 residential properties have been sold over the past 12 months in 07087. With a median sales price of $750,000 in 07087 and a total of 2 foreclosures in Union City, NJ 07087. Discover market trends and get the granular level real estate data for Union City, NJ 07087 to keep your pulse on the housing market. Curate compelling home reports for Union City, NJ 07087 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Union City, NJ 07087 Real Estate Market Trends
Total Residential Properties 6,823
Total Commercial Properties 1,337
Avg. Home Age (Single Family Home) 92 Years
Avg. Square Feet (Single Family Home) 2,265
Total 2024 Residential Sales (year-to-date) 61
% of Homes Seriously Underwater (Q2 2024) 1.54%
Total 2023 Residential Sales 261
% of Equity Rich Homes (Q2 2024) 33.88%
Effective 2023 Property Tax 1.77%
Total Foreclosure Filings (year-to-date) 8
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Union City, NJ 07087 Real Estate Overview

There were 301 residential properties sold in the past year in Union City, NJ 07087. The median home value in Union City, NJ 07087 is $531,500. There are a total of 6,823 residential properties in the 07087.

Median Sales Price i
$750,000
(Feb 2024)
+9.1%
year-over-year
y-o-y
  • February '24 Feb '24 $750,000
  • January '24 Jan '24 $693,000
  • December '23 Dec '23 $820,000
  • November '23 Nov '23 $765,000
  • October '23 Oct '23 $740,000
  • September '23 Sep '23 $610,000
  • August '23 Aug '23 $802,500
  • July '23 Jul '23 $579,000
  • June '23 Jun '23 $650,000
  • May '23 May '23 $674,900
  • April '23 Apr '23 $585,000
  • March '23 Mar '23 $517,500
Median Down Payment i
$186,400
(Feb 2024)
+19.3%
year-over-year
y-o-y
  • February '24 Feb '24 $186,400
  • January '24 Jan '24 $67,400
  • December '23 Dec '23 $160,025
  • November '23 Nov '23 $163,000
  • October '23 Oct '23 $148,000
  • September '23 Sep '23 $27,455
  • August '23 Aug '23 $31,702
  • July '23 Jul '23 $116,000
  • June '23 Jun '23 $17,723
  • May '23 May '23 $143,737
  • April '23 Apr '23 $234,000
  • March '23 Mar '23 $135,000
Number of Homes Sold i
37
(Feb 2024)
+94.7%
year-over-year
y-o-y
  • February '24 Feb '24 37
  • January '24 Jan '24 24
  • December '23 Dec '23 7
  • November '23 Nov '23 24
  • October '23 Oct '23 31
  • September '23 Sep '23 41
  • August '23 Aug '23 18
  • July '23 Jul '23 19
  • June '23 Jun '23 18
  • May '23 May '23 22
  • April '23 Apr '23 10
  • March '23 Mar '23 31
Number of Purchase Loans i
19
(Feb 2024)
+216.7%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 16
  • December '23 Dec '23 5
  • November '23 Nov '23 23
  • October '23 Oct '23 11
  • September '23 Sep '23 29
  • August '23 Aug '23 9
  • July '23 Jul '23 14
  • June '23 Jun '23 19
  • May '23 May '23 15
  • April '23 Apr '23 4
  • March '23 Mar '23 26
Number of REFI Loans i
6
(Feb 2024)
-45.5%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 10
  • December '23 Dec '23 14
  • November '23 Nov '23 5
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 7
  • July '23 Jul '23 4
  • June '23 Jun '23 5
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 12
Number of HELOC Loans i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 5
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 4

Union City, NJ 07087 Foreclosure Activity

There were a total of 2 Union City, NJ 07087 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Union City, NJ 07087 properties and repossessed 1 Union City, NJ 07087 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 6
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 6
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 6
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 5
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 5
  • July '23 Jul '23 2
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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