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948-950 Springfield Road

Union, NJ 07083·Union County

Estimated market value

$13,057,368

moderate confidence

range $11,098,763 – $15,015,973

Assessment-implied: $13,057,368; Equalization ratio 0.0889 (2025)
Comparable sales: 5 (below threshold)

Based on 5 comparable sales

Address	Sold	Price
234 Chestnut St	4/14/2025	$19,320,000
43 Progress St	1/29/2025	$2,000,000
2735 Route 22 West	1/28/2025	$12,140,000
1637 Vauxhall Rd	3/28/2024	$1,300,000
1767 Morris Ave	6/5/2023	$4,135,000

Last sale

$1

12/10/2015

149 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

—

Building size

—

Lot size

2.40 ac

Land description

2.396 ACRES

Building description

—

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,160,800

Land value

$545,500

Improvement value

$615,300

Last year's tax

$259,450

Sale on tax record

$1

Deed date

12/10/2015

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Owner name and mailing address are available on Pro.

Sales history

12/10/2015$1
Bk 6097 / Pg 444

Date	Price	Book / Page
12/10/2015	$1	6097 / 444

Deeds

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Properties on Springfield Road

Properties on Block 3409

Frequently asked

When was 948-950 Springfield Road, Union, NJ 07083 last sold?: 948-950 Springfield Road, Union, NJ 07083 last sold in 2015 for $1.
What is the assessed value of 948-950 Springfield Road, Union, NJ 07083?: 948-950 Springfield Road, Union, NJ 07083 is assessed at $1,160,800 (land plus improvements).
What is 948-950 Springfield Road, Union, NJ 07083 worth?: Our model estimates 948-950 Springfield Road, Union, NJ 07083 at $13,057,368, based on comparable recorded sales nearby.
What kind of property is 948-950 Springfield Road, Union, NJ 07083?: It is a Commercial Property.

Parcel ID2019·block 3409·lot 21.02