NOT LISTED FOR SALE

1058 Fulton St Rahway, NJ 07065

Estimated Value: $366,000 - $455,000

-- Bed
-- Bath
1,244 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $400,000 $322 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,881/month

106 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Forced Air Heating System

About This Home

As of February 2024

Outstanding 2-Family opportunity(w/off street parking) steps away from NJ Transit/Amtrak northeast corridor, 1st floor vacant, income potential $1500-$1800 per month each floor, property being sold in as-is condition. 2nd floor tenant lease termination 12/31/2023 current rent $880 per month. 1st floor-fresh paint new floors, ceiling fans, new lighting fixtures. Large lot w/fenced backyard. Private two-car driveway. Utilities separate, tenants pay all utilities, except for water & sewer. Gas heat first floor, electric baseboard heat 2nd floor. 1st floor move-in ready. Centrally located to Rahway City amenities. Buyer responsible, for all municipal inspections and certifications required to close. Home Inspections for the buyers informational purposes only.

Last Agent to Sell the Property

C Jean Rawls

CENTURY 21 JRS REALTY Listed on: 10/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,296

Year Built

  • Built in 1925

Lot Details

  • 3,698 Sq Ft Lot
  • Lot Dimensions are 100.00 x 37.00
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property

Basement

  • Crawl Space
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Available at Street
  • Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks water), unit 2 owner pays(see remarks water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,296

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0849
  • Lot Size: 100.00 x 37.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1925
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water)
  • Has Basement: Crawl Space, Storage Space
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room,See Remarks)
  • Living Area: 1244
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks, Near Public Transit
  • Exterior Features: Yard
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3698

Tax Info

  • Tax Annual Amount: 7296
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Feb 5, 2024
Sold by
Miller Clay
Bought by
Osores Steven
Seller's Agent
C Jean Rawls
CENTURY 21 JRS REALTY
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
427
Current Estimated Value
$424,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,172
Avg. Annual Appreciation
3.33%
Original Mortgage
$392,755
Outstanding Balance
$385,055
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$39,117

Purchase Details

Closed on
Jan 7, 2002
Sold by
Soltesz John and Soltesz Dawn
Bought by
Miller Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
6.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Osores Steven $400,000 Ridge Title
Osores Steven $400,000 Ridge Title
Miller Clay $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osores Steven $392,755
Closed Osores Steven $392,755
Previous Owner Miller Clay $113,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $400,000 0.0% $322 / Sq Ft
10/22/2023 10/22/23 For Sale $399,900 -- $321 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,694 $103,900 $40,300 $63,600
2024 $7,452 $103,900 $40,300 $63,600
2023 $7,452 $103,900 $40,300 $63,600
2022 $7,296 $103,900 $40,300 $63,600
2021 $7,222 $103,900 $40,300 $63,600
2020 $7,195 $103,900 $40,300 $63,600
2019 $7,104 $103,900 $40,300 $63,600
2018 $6,954 $103,900 $40,300 $63,600
2017 $6,783 $103,900 $40,300 $63,600
2016 $6,638 $103,900 $40,300 $63,600
2015 $6,563 $103,900 $40,300 $63,600
2014 $6,446 $103,900 $40,300 $63,600
Source: Public Records

Agents Affiliated with this Home

  • C Jean Rawls

    Seller's Agent in 2024

    C Jean Rawls

    CENTURY 21 JRS REALTY

    (908) 322-2202

    1 in this area

    4 Total Sales

    C Jean Rawls
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Map

Source: All Jersey MLS

MLS Number: 2404698R

All Jersey MLS

APN: 13-00310-0000-00017

New Jersey Union County Rahway 07065

1058 Fulton St, Rahway, NJ

Not Listed for Sale

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