NOT LISTED FOR SALE

1606 Fernote St Unit 1 Rahway, NJ 07065

Estimated Value: $684,000 - $822,000

3 Beds
2 Baths
2,426 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 1606 Fernote St Unit 1, Rahway, NJ 07065 and is currently estimated at $761,641, approximately $313 per square foot. 1606 Fernote St Unit 1 is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
1606 Fernote St Rahway Llc
Bought by
Patel Utsav P
Current Estimated Value
$761,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2021
Sold by
Queen Equities Llc
Bought by
1606 Fernote St Rahway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 2020
Sold by
Clearview Equities Llc
Bought by
Queen Equities Llc

Purchase Details

Closed on
Jan 23, 2019
Sold by
Colon Jesenia and Torres Carmen
Bought by
Clearview Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2009
Sold by
Baumann Susan
Bought by
Colon Jesenia and Torres Carmen Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,637
Interest Rate
4.87%
Mortgage Type
FHA
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.

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ICE

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First American

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Quantarium

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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
Patel Utsav P $710,000 First American Title
1606 Fernote St Rahway Llc $355,000 Hometown Title Ins Agcy Llc
Queen Equities Llc -- None Available
Clearview Equities Llc $175,000 None Available
Colon Jesenia $280,000 Nrt Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Utsav P $532,500
Closed Patel Utsav P $532,500
Previous Owner 1606 Fernote St Rahway Llc $284,000
Previous Owner Clearview Equities Llc $292,500
Previous Owner Colon Jesenia $269,637
Previous Owner Baumann Susan $70,000
Previous Owner Baumann Susan $50,000
Previous Owner Baumann Susan $10,000
Source: Public Records

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 $16,467 $229,600 $60,700 $168,900
2023 $16,467 $229,600 $60,700 $168,900
2022 $11,172 $159,100 $60,700 $98,400
2021 $11,059 $159,100 $60,700 $98,400
2020 $11,018 $159,100 $60,700 $98,400
2019 $10,878 $159,100 $60,700 $98,400
2018 $10,649 $159,100 $60,700 $98,400
2017 $10,386 $159,100 $60,700 $98,400
2016 $10,165 $159,100 $60,700 $98,400
2015 $10,050 $159,100 $60,700 $98,400
2014 $9,871 $159,100 $60,700 $98,400
Source: Public Records

Map

New Jersey Union County Rahway 07065

1606 Fernote St Unit 1, Rahway, NJ

This home is located at 1606 Fernote St Unit 1, Rahway, NJ 07065 and is currently estimated at $761,641, approximately $313 per square foot. 1606 Fernote St Unit 1 is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional 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.

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