NOT LISTED FOR SALE

1571 Rahway Rd Scotch Plains, NJ 07076

Estimated Value: $1,002,803 - $1,321,000

4 Beds
3 Baths
-- Sq Ft
1.1 Acres

Last Sold September 03, 2024

Last sale price $1,050,000

Est. 7% increase in value since last sale

Current estimated payment $7,619/month

9 Days on Market

About This Home

As of September 2024

This home is located at 1571 Rahway Rd, Scotch Plains, NJ 07076 since 28 June 2024 and is currently estimated at $1,125,451. This property was built in 1968. 1571 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 Agent to Sell the Property

Jean Marie Morgan

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 06/28/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

SRINI CHANDRA

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,100

Year Built

  • Built in 1968

Lot Details

  • 1.1 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,100

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • County Name: Union
  • I D: 5296884
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 001.102 AC
  • Total Acres: 1.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 28, 2024
Sold by
Oliver Don R and Oliver Laurie A
Bought by
Mahajan Vijay and Mali Dipty
Seller's Agent
Jean Marie Morgan
COLDWELL BANKER REALTY
Buyer's Agent
SRINI CHANDRA
RE/MAX FIRST REALTY
List Price
$925,000
Sold Price
$1,050,000
Premium/Discount to List
$125,000
13.51%
Views
28
Current Estimated Value
$1,125,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,451
Avg. Annual Appreciation
5.85%
Original Mortgage
$840,000
Outstanding Balance
$829,933
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$295,518

Purchase Details

Closed on
May 1, 1997
Sold by
Spera Gabriel A and Spera Marilyn
Bought by
Oliver Don R and Oliver Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mahajan Vijay $1,050,000 Opportune Title
Mahajan Vijay $1,050,000 Opportune Title
Oliver Don R $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahajan Vijay $840,000
Closed Mahajan Vijay $840,000
Previous Owner Oliver Don R $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $1,050,000 +13.5% --
07/12/2024 07/12/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $925,000 -- --
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
2025 $20,100 $170,800 $59,900 $110,900
2024 $19,416 $170,800 $59,900 $110,900
2023 $19,416 $170,000 $59,900 $110,100
2022 $19,185 $170,000 $59,900 $110,100
2021 $19,152 $170,000 $59,900 $110,100
2020 $19,060 $170,000 $59,900 $110,100
2019 $18,919 $170,000 $59,900 $110,100
2018 $18,601 $170,000 $59,900 $110,100
2017 $18,188 $170,000 $59,900 $110,100
2016 $17,838 $170,000 $59,900 $110,100
2015 $17,546 $170,000 $59,900 $110,100
2014 $16,968 $170,000 $59,900 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3910577

Garden State MLS

APN: 16-14601-0000-00002