NOT LISTED FOR SALE

1381 Rahway Rd Scotch Plains, NJ 07076

Estimated Value: $941,294 - $1,199,000

5 Beds
3 Baths
-- Sq Ft
1.47 Acres

Last Sold May 01, 2023

Last sale price $990,000

Est. 10% increase in value since last sale

Current estimated payment $7,661/month

17 Days on Market

About This Home

As of May 2023

This home is located at 1381 Rahway Rd, Scotch Plains, NJ 07076 since 17 February 2023 and is currently estimated at $1,092,574. This property was built in 1870. 1381 Rahway Rd is a home located in Union County with nearby schools including J. Ackerman Coles Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

Last Listed By

Amanda Abdelsayed

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 02/17/2023

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,548

Year Built

  • 1870

Lot Details

  • 1.47 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,548

Year Built

1870

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1381
  • I D: 5203642
  • Modified: 2024-05-02
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1870

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 001.469 AC
  • Total Acres: 1.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 25, 2023
Sold by
Scarpelli Timothy and Scarpelli Teresa Ann
Bought by
Cardosi Joseph Merson and Delp Valerie Ann
Seller's Agent
Amanda Abdelsayed
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Amanda Abdelsayed
KELLER WILLIAMS METROPOLITAN
List Price
$950,000
Sold Price
$990,000
Premium/Discount to List
$40,000
4.21%
Total Days on Market
17
Views
243
Current Estimated Value
$1,092,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,574
Avg. Annual Appreciation
3.23%
Original Mortgage
$500,000
Outstanding Balance
$490,603
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$566,388

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 6, 2017
Sold by
Peterson Paul L
Bought by
Scarpelli Timothy and Scarpelli Teresa Ann
Seller's Agent
JENNIFER BASSOLINO
COCCIA REAL ESTATE GROUP, LLC.
Buyer's Agent
JENNIFER BASSOLINO
COCCIA REAL ESTATE GROUP, LLC.
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$560,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jan 16, 2016
Sold by
Shatkin Gregory M
Bought by
Peterson Paul L
Seller's Agent
SHANNON ARONSON
KELLER WILLIAMS REALTY
Buyer's Agent
ROBERT COLONEY
WEICHERT REALTORS
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.46%
Original Mortgage
$308,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2013
Sold by
Shatkin Gregory M and Aaron J Shatkin Marital Trust
Bought by
Shatkin Gregory M

Purchase Details

Closed on
Jul 13, 2010
Sold by
Shatkin Aaron J and Estate Of Joan A Shatkin
Bought by
Shatkin Aaron J and Shatkin Gregory M

Purchase Details

Closed on
Nov 21, 2008
Sold by
Shatkin Aaron Jeffrey and Shatkin Joan A
Bought by
Shatkin Joan A

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

Similar Homes in the area

  • 1620 Raritan Rd, Scotch Plains, NJ 07076

    $850,000

    • 4 Beds
    • 1 Bath
    • 1620 Raritan Rd
    • Scotch Plains, NJ

    Charming 4-Bedroom Home on Nearly 1 Acre in Desirable Scotch Plains. Welcome to this warm and inviting 4-bedroom, 1-bath single-family home, perfectly situated on a sprawling lot just under an acre in the sought-after community of Scotch Plains.This well-maintained home features beautiful hardwood floors throughout, adding character and timeless appeal. The main floor offers a bright and spacious

    Carlie Carreira EXP REALTY, LLC

    Section Image
  • 209 Pleasant Ave, Fanwood, NJ 07023

    $774,000

    • 3 Beds
    • 1.5 Baths
    • 1,485 Sq Ft
    • 209 Pleasant Ave
    • Fanwood, NJ

    Welcome to this beautifully renovated split-level home, updated in 2025 and ready for you to move right in! Featuring 3 bedrooms and 1.5 baths, this home offers both style and functionality. Step inside to find freshly painted interiors and exteriors, gleaming hardwood floors throughout, and brand-new high-hat lighting in every room. The updated kitchen boasts stainless steel appliances, quartz

    Steven Merlo NEXTHOME NEW PROSPECTS REALTY

    Section Image

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
Cardosi Joseph Merson $990,000 None Listed On Document
Scarpelli Timothy $700,000 Simplicity Title Llc
Peterson Paul L $385,000 --
Shatkin Gregory M -- None Available
Shatkin Aaron J -- None Available
Shatkin Joan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardosi Joseph Merson $500,000
Previous Owner Scarpelli Timothy $560,000
Previous Owner Peterson Paul L $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $990,000 +4.2% --
03/06/2023 03/06/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $950,000 +35.7% --
07/06/2017 07/06/17 Sold $700,000 -6.7% --
03/30/2017 03/30/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $749,900 +94.8% --
01/29/2016 01/29/16 Sold $385,000 -- --
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
2024 $18,548 $162,400 $65,900 $96,500
2023 $18,548 $162,400 $65,900 $96,500
2022 $18,327 $162,400 $65,900 $96,500
2021 $18,296 $162,400 $65,900 $96,500
2020 $18,208 $162,400 $65,900 $96,500
2019 $18,074 $162,400 $65,900 $96,500
2018 $17,770 $162,400 $65,900 $96,500
2017 $15,128 $141,400 $65,900 $75,500
2016 $14,837 $141,400 $65,900 $75,500
2015 $15,368 $148,900 $65,900 $83,000
2014 $14,862 $148,900 $65,900 $83,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3829311

Garden State MLS

APN: 16-15101-0000-00003