NOT LISTED FOR SALE

1221 Farrell Terrace Rahway, NJ 07065

Estimated Value: $653,000 - $776,000

4 Beds
3.5 Baths
2,750 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $402,000 $146 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,095/month

16 Days on Market

Highlights

  • Custom Home
  • Attic
  • High Ceiling
  • Wood Flooring
  • Corner Lot
  • Formal Dining Room

About This Home

As of November 2020

Elegant custom home on a quiet cul-de-sac. This 4-bedroom, 3.5 baths home has a 2-car garage & gives you over 2,700 sq of spacious living. This beautiful home is on a large lot in a hot neighborhood. Great hardwood floors through out most of the home, 4 spacious bedrooms, including a large master bedroom suite with a full bath and walk in closet. The home has central air and an amazing open concept living and dining room area with high ceilings to enjoy all your gatherings. Near a great park, Rahway train station, shopping, eateries & UCPAC. Don t let this opportunity pass you by. Schedule your private showing today!

Last Agent to Sell the Property

Laura Giacobbe

KELLER WILLIAMS ELITE REALTORS Listed on: 09/09/2020

KELLER WILLIAMS ELITE REALTORS

Last Buyer's Agent

JENNIE ESPOSITO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,143

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 2,750 Sq Ft Home
  • High Ceiling
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Madison Elementary School
  • Rahway Middle School
  • Rahway High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00178-0000-00031-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,143

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level, Custom Home
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1966
  • Year Built Description: Unknown
  • County Name: Union
  • Directions: Stone street to Farrell Terrace
  • I D: 5014947
  • Section Subdiv Development: Hospital
  • First Name: LAURA
  • First Name3: JENNIE
  • Last Name: GIACOBBE
  • Last Name3: ESPOSITO
  • Office Phone: 732-750-4663
  • Office Phone3: 732-283-0126
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Fire Extinguisher, High Ceilings, Smoke Detector, StallTub, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Ground
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x14
  • Kitchen Level: Ground
  • Living Room Dim: 22x14
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Level: Ground
  • Other Room 2: Laundry Room
  • Other Room2 Level: Ground
  • Other Room 3: MudRoom
  • Other Room3 Level: Ground
  • Other Room 4: Attic
  • Other Room4 Level: Third
  • Level 1 Rooms: Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2750
  • Ground Level Rooms: 1 Bedroom, Bath Main, Dining Room, Family Room, GarEnter, Kitchen, Laundry Room
  • Phone: 732-549-1998

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Rahway HS
  • Middle Jr High School: Rahway MS

Lot Info

  • Lot Size: 52X133
  • Easement: Unknown
  • Lot Description: Corner, Cul-De-Sac, Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15143
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00178-0000-00031-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.837
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Toussaint Jacqueline
Bought by
Toussaint Monaud and Toussaint Jacqueline
Current Estimated Value
$707,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,750
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 9, 2020
Closed on
Nov 18, 2020
Sold by
Rogers Karen F
Bought by
Carpinelli Jacqueline
Seller's Agent
Laura Giacobbe
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
JENNIE ESPOSITO
COLDWELL BANKER REALTY
List Price
$400,000
Sold Price
$402,000
Premium/Discount to List
$2,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$394,718
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2011
Sold by
Rogers Kenneth B and Rogers Karen F
Bought by
Rogers Karen F

Purchase Details

Closed on
Jul 31, 2000
Sold by
Estate Of Earl Freitag and Washburn Susan L
Bought by
Rogers Kenneth B and Rogers Karen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 1993
Sold by
Campagna Jos E
Bought by
Freitag Earl and Freitag Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.1%
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
Toussaint Monaud -- Stewart Title
Toussaint Monaud -- Stewart Title
Carpinelli Jacqueline $402,000 First American Title
Rogers Karen F $144,846 None Available
Rogers Kenneth B $220,000 --
Freitag Earl $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toussaint Monaud $508,750
Previous Owner Carpinelli Jacqueline $394,718
Previous Owner Rogers Kenneth B $207,000
Previous Owner Freitag Earl $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $402,000 +0.5% $146 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $400,000 -- $145 / Sq Ft
Source: Garden State 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 $16,402 $221,500 $69,100 $152,400
2024 $15,886 $221,500 $69,100 $152,400
2023 $15,886 $221,500 $69,100 $152,400
2022 $15,554 $221,500 $69,100 $152,400
2021 $15,396 $221,500 $69,100 $152,400
2020 $15,339 $221,500 $69,100 $152,400
2019 $15,144 $221,500 $69,100 $152,400
2018 $14,825 $221,500 $69,100 $152,400
2017 $14,460 $221,500 $69,100 $152,400
2016 $14,152 $221,500 $69,100 $152,400
2015 $13,992 $221,500 $69,100 $152,400
2014 $13,742 $221,500 $69,100 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3662644

Garden State MLS

APN: 13-00178-0000-00031