NOT LISTED FOR SALE

1613 Fernote St Rahway, NJ 07065

Estimated Value: $725,000 - $1,082,000

-- Bed
-- Bath
1,472 Sq Ft
$624/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $787,500 $535 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,700/month

139 Days on Market

About This Home

As of August 2022

This home is located at 1613 Fernote St, Rahway, NJ 07065 since 25 January 2022 and is currently estimated at $918,021, approximately $623 per square foot. This property was built in 2018. 1613 Fernote St is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

Last Agent to Sell the Property

Ana Montes

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 01/25/2022

RE/MAX SELECT

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,993

Year Built

  • Built in 2018

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,993

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Year Built: 2018
  • County Name: Union
  • Street Number Display: 1613
  • I D: 5125519
  • Modified: 2023-08-02
  • Number Images: 1
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 70X150
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Jul 13, 2022
Sold by
Almeida Fonseca and Almeida Susan
Bought by
Zafar Qasim M
Seller's Agent
Ana Montes
RE/MAX SELECT
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$850,000
Sold Price
$787,500
Premium/Discount to List
-$62,500
-7.35%
Current Estimated Value
$918,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,521
Avg. Annual Appreciation
4.94%
Original Mortgage
$562,500
Outstanding Balance
$537,873
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$380,148

Purchase Details

Closed on
Oct 13, 2005
Sold by
Hoffman Richard
Bought by
Fonseca Antonio Jose and Fonseca Susan Almeida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2004
Sold by
Gross Mannfred
Bought by
Hoffman Richard and Kelly Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,850
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Zafar Qasim M $787,500 Abdou Tamer M
Fonseca Antonio Jose $365,000 --
Hoffman Richard $242,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zafar Qasim M $562,500
Previous Owner Fonseca Antonio Jose $346,750
Previous Owner Hoffman Richard $229,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $787,500 -7.4% $535 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $850,000 +7.9% $577 / Sq Ft
04/13/2022 04/13/22 Off Market $787,500 -- --
01/25/2022 01/25/22 For Sale $850,000 -- $577 / 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
2025 $21,993 $297,000 $60,900 $236,100
2024 $21,301 $297,000 $60,900 $236,100
2023 $21,301 $297,000 $60,900 $236,100
2022 $4,276 $60,900 $60,900 $0
2021 $4,233 $60,900 $60,900 $0
2020 $4,217 $60,900 $60,900 $0
2019 $4,164 $60,900 $60,900 $0
2018 $4,076 $60,900 $60,900 $0
2017 $9,087 $139,200 $60,900 $78,300
2016 $8,893 $139,200 $60,900 $78,300
2015 $8,793 $139,200 $60,900 $78,300
2014 $8,636 $139,200 $60,900 $78,300
Source: Public Records

Agents Affiliated with this Home

  • Ana Montes

    Seller's Agent in 2022

    Ana Montes

    RE/MAX

    (908) 875-8121

    7 in this area

    80 Total Sales

    Ana Montes
    Section Image
  • Michael Martinetti

    Buyer's Agent in 2022

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    21 in this area

    1,201 Total Sales

    Michael Martinetti
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3760531

Garden State MLS

APN: 13-00204-0000-00014

New Jersey Union County Rahway 07065

1613 Fernote St, Rahway, NJ

This home is located at 1613 Fernote St, Rahway, NJ 07065 since 25 January 2022 and is currently estimated at $918,021, approximately $623 per square foot. This property was built in 2018. 1613 Fernote St is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

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