NOT LISTED FOR SALE

1062 Jaques Ave Rahway, NJ 07065

Estimated Value: $600,000 - $684,000

-- Bed
-- Bath
2,320 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $570,000 $246 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,840/month

19 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Heating System Uses Steam
  • Wood Flooring
  • Multiple cooling system units
  • Fenced

About This Home

As of May 2022

Great opportunity to own a 2 Family home on a beautiful tree-lined street in Rahway! This property offers 7 bedrooms, 4 full baths, 2 tiered covered deck with fenced in yard. Located less than a half a mile from the Rahway Train Station Plaza, this house is ideal for commuters.

Last Agent to Sell the Property

Jose Sanchez

Keller Williams Realty West Monmouth License #1536927 Listed on: 04/01/2022

Keller Williams Realty West Monmouth

Co-Listed By

Constance Richmond

C21/ Mack Morris Iris Lurie License #1862181

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,337

Year Built

  • Built in 1886

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Deck

Schools

  • Rahway Middle School
  • Rahway High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Inman Heights Subdivision

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 13-00092-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,337

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Co List Office Mls Id: 1693
  • Co List Office Phone: 732-536-9010
  • Subdivision Name: Inman Heights
  • Reso Flooring: Wood, Laminate, See Remarks, Ceramic Tile
  • Year Built: 1886
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 120
  • Location Middle School: Rahway
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Shared Storage
  • Basement: Yes
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal items
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Other, On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Rahway

Lot Info

  • Lot Dimensions: 40 x 120
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-00092-0000-00002
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11337.0
  • Tax Other Annual Assessment Amount: 163100.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Rahway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 18, 2022
Sold by
Ochman Elaine C
Bought by
Santos Jose Luis Moreira and Gamboa Ana P
Seller's Agent
Jose Sanchez
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$535,000
Sold Price
$570,000
Premium/Discount to List
$35,000
6.54%
Total Days on Market
19
Current Estimated Value
$652,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,858
Avg. Annual Appreciation
4.55%
Original Mortgage
$484,500
Outstanding Balance
$464,245
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$188,613

Purchase Details

Closed on
Sep 4, 1985
Bought by
Ochman John J and Ochman Elaine C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Santos Jose Luis Moreira $570,000 Westcor Land Title
Ochman John J $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Jose Luis Moreira $484,500
Previous Owner Ochman Elaine C $207,061
Previous Owner Ochman Elaine C $100,000
Previous Owner Ochman Elaine C $76,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $570,000 +6.5% $246 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $535,000 -- $231 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $14,308 $199,500 $54,400 $145,100
2023 $14,308 $199,500 $54,400 $145,100
2022 $11,453 $163,100 $54,400 $108,700
2021 $11,337 $163,100 $54,400 $108,700
2020 $11,295 $163,100 $54,400 $108,700
2019 $11,151 $163,100 $54,400 $108,700
2018 $10,916 $163,100 $54,400 $108,700
2017 $10,647 $163,100 $54,400 $108,700
2016 $10,420 $163,100 $54,400 $108,700
2015 $10,303 $163,100 $54,400 $108,700
2014 $10,119 $163,100 $54,400 $108,700
Source: Public Records

Agents Affiliated with this Home

  • Jose Sanchez

    Seller's Agent in 2022

    Jose Sanchez

    Keller Williams Realty West Monmouth

    (732) 851-3535

    2 in this area

    267 Total Sales

    Jose Sanchez
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Constance Richmond

    C21/ Mack Morris Iris Lurie

    (732) 536-2228

    1 in this area

    37 Total Sales

    Constance Richmond
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2022

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22209183

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00092-0000-00002

New Jersey Union County Rahway 07065

1062 Jaques Ave, Rahway, NJ

This home is located at 1062 Jaques Ave, Rahway, NJ 07065 since 01 April 2022 and is currently estimated at $652,858, approximately $281 per square foot. This property was built in 1886. 1062 Jaques Ave is a home located in Union County with nearby schools including Rahway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes