NOT LISTED FOR SALE

161 W Inman Ave Rahway, NJ 07065

Estimated Value: $564,000 - $691,000

-- Bed
-- Bath
1,768 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $610,000 $345 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,484/month

10 Days on Market

About This Home

As of May 2023

This home is located at 161 W Inman Ave, Rahway, NJ 07065 since 26 April 2023 and is currently estimated at $643,595, approximately $364 per square foot. This property was built in 1955. 161 W Inman Ave is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

Alex Smolenski

HALLMARK REALTORS Brokerage Phone: 800-359-3398 Listed on: 04/26/2023

Last Buyer's Agent

CLAUDIA BARBOZA

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,719

Year Built

  • Built in 1955

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,719

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 161
  • I D: 5216423
  • Modified: 2024-05-31
  • Number Images: 1
  • Attribution Contact: 800-359-3398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X137
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Borner Russell
Bought by
51 Holly Road Associates Llc
Current Estimated Value
$643,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.67%

Purchase Details

Closed on
May 11, 2016
Sold by
Borner Russell and Borner Janine
Bought by
Borner Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2001
Sold by
Borner Russell
Bought by
Borner Russell and Borner Janine

Purchase Details

Closed on
Aug 17, 2001
Sold by
Polese Lena and Borner Janine
Bought by
Borner Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,200
Interest Rate
6.86%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
51 Holly Road Associates Llc $358,000 --
Borner Janine $65,317 --
Borner Russell -- --
Borner Russell $108,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Christian $457,500
Closed 51 Holly Road Associates Llc $380,000
Previous Owner Borner Janine $49,679
Previous Owner Borner Jannie A $74,000
Previous Owner Borner Russell $54,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $610,000 +7.2% $345 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $569,000 -6.7% $322 / Sq Ft
04/30/2023 04/30/23 Off Market $610,000 -- --
04/28/2023 04/28/23 For Sale $569,000 -- $322 / 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
2024 $11,719 $208,200 $57,300 $150,900
2023 $11,719 $163,400 $57,300 $106,100
2022 $11,474 $163,400 $57,300 $106,100
2021 $11,358 $163,400 $57,300 $106,100
2020 $11,315 $163,400 $57,300 $106,100
2019 $11,172 $163,400 $57,300 $106,100
2018 $10,936 $163,400 $57,300 $106,100
2017 $10,667 $163,400 $57,300 $106,100
2016 $10,440 $163,400 $57,300 $106,100
2015 $10,322 $163,400 $57,300 $106,100
2014 $10,137 $163,400 $57,300 $106,100
Source: Public Records

Agents Affiliated with this Home

  • Alex Smolenski

    Seller's Agent in 2023

    Alex Smolenski

    HALLMARK REALTORS

    (732) 484-5081

    6 in this area

    64 Total Sales

    Alex Smolenski
    Section Image

  • C

    Buyer's Agent in 2023

    CLAUDIA BARBOZA

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3840179

Garden State MLS

APN: 13-00079-0000-00008

New Jersey Union County Rahway 07065

161 W Inman Ave, Rahway, NJ

This home is located at 161 W Inman Ave, Rahway, NJ 07065 since 26 April 2023 and is currently estimated at $643,595, approximately $364 per square foot. This property was built in 1955. 161 W Inman Ave is a home located in Union County with nearby schools including Rahway High School.

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