727 Balsam Way
Union Twp, NJ 07083
3 bd 3 ba 2,650 sqft Built 1932 Lot 5,227 sqft single_family
Most recent sale
$531,000
Aug 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 23, 2022 | Sold | $531,000 | MLS #3794854 |
| Jul 9, 2022 | Listed | $499,000 | MLS #3794854 |
| Jul 8, 2022 | Listed | $475,000 | MLS #3794825 |
| May 26, 2022 | Listed | $499,000 | MLS #3784894 |
| Dec 7, 1998 | Sold | $185,000 | Public Record |
| Jun 11, 1990 | Sold | $178,000 | Public Record |
| Aug 8, 1989 | Sold | $205,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $29,500 | $20,400 | $49,900 | $11,638 |
| 2024 | $29,500 | $20,400 | $49,900 | $11,153 |
| 2023 | $29,500 | $20,400 | $49,900 | $10,812 |
| 2022 | $29,500 | $20,400 | $49,900 | $10,437 |
| 2021 | $29,500 | $20,400 | $49,900 | $10,184 |
| 2020 | $29,500 | $20,400 | $49,900 | $9,981 |
| 2019 | $29,500 | $20,400 | $49,900 | $9,847 |
| 2018 | $29,500 | $20,400 | $49,900 | $9,679 |
| 2017 | $29,500 | $20,400 | $49,900 | $9,536 |
| 2016 | $29,500 | $20,400 | $49,900 | $9,303 |
| 2015 | $29,500 | $20,400 | $49,900 | $9,149 |
| 2014 | $29,500 | $20,400 | $49,900 | $8,944 |
| 2013 | $28,000 | $20,400 | $48,400 | $8,518 |
| 2012 | $29,500 | $20,400 | $49,900 | $8,532 |
| 2011 | $29,500 | $20,400 | $49,900 | $8,262 |
| 2010 | $29,500 | $20,400 | $49,900 | $7,928 |
| 2009 | $29,500 | $20,400 | $49,900 | $7,658 |
| 2008 | $29,500 | $20,400 | $49,900 | $7,473 |
| 2007 | $29,500 | $20,400 | $49,900 | $7,209 |
Property facts
Year built
1932
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,650 sqft
Lot size
5,227 sqft
ZIP code
07083
City
Union Twp
Street
Balsam Way
Coordinates
40.68743, -74.25203
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,975
Gross rental yield
8.98%
Implied cap rate
5.84%
Trend-extrapolated value
—
Frequently asked questions
When did 727 Balsam Way last sell?
727 Balsam Way most recently sold on Aug 23, 2022 for $531,000.
What is the current tax assessment for 727 Balsam Way?
The most recent total assessment for 727 Balsam Way (year 2025) is $49,900 with $11,638 in property tax.
How does 727 Balsam Way's assessment compare to its last sale price?
The current assessment is 90.6% below the last sale price of $531,000.
When was 727 Balsam Way built?
727 Balsam Way was built in 1932.
How does 727 Balsam Way compare to others on Balsam Way?
We track 2 other properties on Balsam Way. Browse the list under "Other properties on Balsam Way" to compare beds, baths, and sale history.
What are the property facts for 727 Balsam Way?
727 Balsam Way is a 3 bed, 3 bath, 2,650 sqft, 5,227 sqft lot single_family.
Is 727 Balsam Way a flip candidate?
No — 727 Balsam Way does not appear in our flips dataset.
Is 727 Balsam Way a tax-appeal candidate?
No — 727 Balsam Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$689K
2026 Q4
$703.3K
ZIP 07083 — Median Price History + Forecast
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Geography
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