NOT LISTED FOR SALE

16 Rahway Rd Millburn, NJ 07041

Estimated Value: $1,173,727 - $1,277,000

3 Beds
2.5 Baths
1,929 Sq Ft
$632/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $870,000 $451 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,459/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • South Mountain School Rated A+
  • Recreation Room
  • Breakfast Room

About This Home

As of February 2022

Lovingly maintained charming Colonial nested in desirable S. Mountain! Never a drop of water! Walking to NY Transit, steps to Taylor Park & close proximity to all schools! First floor features a large living room with french doors walking out to a front patio. Fireplace decorated with mirrors to reflect space and light; spacious family room is cozy and bright. Clean white kitchen connects formal dining room and a lovely den that walks out to a huge deck overlooking a large private yard. 2nd floor boasts 3 large bedrooms and two baths. Basement has a big rec room that boasts high ceiling and excellent space. A walk-up attic partially finished offers good storage and potential. Two car attached garage! Thermal windows and a lot more! Not to be missed!

Last Agent to Sell the Property

MEILEE ZHENG

PREMIUMONE REALTY Listed on: 11/04/2021

Co-Listed By

ARLENE GORMAN GONNELLA

WEICHERT REALTORS

Last Buyer's Agent

Song Zhang

ALPHA METRO REALTY CORP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,351

Year Built

  • Built in 1939

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Garage Access
  • Front Basement Entry

Outdoor Features

  • Deck
  • Patio

Schools

  • S Mountain Elementary School
  • Millburn Middle School
  • Millburn High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Standard Electricity
  • Generator Hookup
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1612-00507-0000-00078-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,351

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1939
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: River rd or Undercliff to Rahway
  • I D: 5113954
  • First Name: MEILEE
  • First Name2: ARLENE GORMAN
  • First Name3: SONG
  • Last Name: ZHENG
  • Last Name2: GONNELLA
  • Last Name3: ZHANG
  • Office Phone2: 973-376-4545
  • Office Phone3: 201-653-8488
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2005

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Freezer-Freestanding, Generator-Hookup, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: GarEnter, Laundry Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 15x9
  • Kitchen Level: First
  • Living Room Dim: 13x26
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 12x22
  • Other Room1 Level: Basement
  • Level 1 Rooms: Breakfast Room, Dining Room, Entrance Vestibule, Family Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Storage Room
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MILLBURN
  • Middle Jr High School: MILLBURN

Lot Info

  • Lot Size: 50X101
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13351
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1612-00507-0000-00078-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.926
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 31, 2022
Sold by
Selby Arnold F and Selby Linda
Bought by
Chang Xiao and Zhao Chao
Seller's Agent
MEILEE ZHENG
PREMIUMONE REALTY
Buyer's Agent
Song Zhang
ALPHA METRO REALTY CORP
List Price
$848,000
Sold Price
$870,000
Premium/Discount to List
$22,000
2.59%
Current Estimated Value
$1,218,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,682
Avg. Annual Appreciation
8.84%
Original Mortgage
$600,000
Outstanding Balance
$559,588
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$659,094
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
Chang Xiao $870,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Xiao $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $870,000 +2.6% $451 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $848,000 -- $440 / Sq Ft
Source: Garden State MLS

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 $13,559 $693,200 $440,000 $253,200
2024 $13,559 $693,200 $440,000 $253,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3750301

Garden State MLS

APN: 12-00507-0000-00078

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