NOT LISTED FOR SALE

196 Russell Ave Rahway, NJ 07065

Estimated Value: $481,000 - $627,000

3 Beds
2 Baths
1,660 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $515,000 $310 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,244/month

8 Days on Market

About This Home

As of June 2023

This home is located at 196 Russell Ave, Rahway, NJ 07065 since 01 May 2023 and is currently estimated at $587,620, approximately $353 per square foot. This property was built in 1957. 196 Russell Ave is a home located in Union County with nearby schools including Rahway High School and St John Vianney Elementary School.

Last Agent to Sell the Property

SAMEH SAADEH

NATIONWIDE HOMES REALTY LLC Brokerage Phone: 203-482-0102 Listed on: 05/01/2023

Last Buyer's Agent

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,501

Year Built

  • Built in 1957

Lot Details

  • 4,356 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,501

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • County Name: Union
  • Street Number Display: 196
  • I D: 5217906
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 203-482-0102
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 63X94
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2014
Sold by
Vargas Edgar and Vargas Karen
Bought by
Bracey Brandon James and Bracey Alicia
Current Estimated Value
$587,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$227,551
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$368,549

Purchase Details

Closed on
Sep 11, 2012
Sold by
Vargas Edgar and Vargas Karen
Bought by
Vargas Edgar and Vargas Karen

Purchase Details

Closed on
Feb 23, 2003
Sold by
Vargas Edgar
Bought by
Vargas Edward and Vargas Karen

Purchase Details

Closed on
Jan 9, 1998
Sold by
Pafchek Norma P and Bodego Lois H
Bought by
Vargas Edgar and Vargas Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,902
Interest Rate
6.95%
Mortgage Type
FHA
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
Bracey Brandon James $315,000 Agent For Westcor Land Title
Vargas Edgar -- --
Vargas Edward -- --
Vargas Edgar $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracey Brandon James $299,250
Previous Owner Vargas Edgar $144,000
Previous Owner Vargas Karen $20,000
Previous Owner Vargas Edgar $5,000
Previous Owner Vargas Karen $8,000
Previous Owner Vargas Edgar $37,200
Previous Owner Vargas Edgar $131,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $515,000 +10.8% $310 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/07/2023 05/07/23 For Sale $465,000 -- $280 / 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 $12,501 $192,200 $64,400 $127,800
2023 $12,501 $174,300 $64,400 $109,900
2022 $11,312 $161,100 $64,400 $96,700
2021 $11,198 $161,100 $64,400 $96,700
2020 $11,156 $161,100 $64,400 $96,700
2019 $11,014 $161,100 $64,400 $96,700
2018 $10,782 $161,100 $64,400 $96,700
2017 $10,517 $161,100 $64,400 $96,700
2016 $10,293 $161,100 $64,400 $96,700
2015 $10,177 $161,100 $64,400 $96,700
2014 $9,995 $161,100 $64,400 $96,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SAMEH SAADEH

    NATIONWIDE HOMES REALTY LLC

  • TOVIA LICHTMAN

    Buyer's Agent in 2023

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    26 in this area

    271 Total Sales

    TOVIA LICHTMAN
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Map

Source: Garden State MLS

MLS Number: 3841056

Garden State MLS

APN: 13-00040-0000-00014

New Jersey Union County Rahway 07065

196 Russell Ave, Rahway, NJ

This home is located at 196 Russell Ave, Rahway, NJ 07065 since 01 May 2023 and is currently estimated at $587,620, approximately $353 per square foot. This property was built in 1957. 196 Russell Ave is a home located in Union County with nearby schools including Rahway High School and St John Vianney Elementary School.

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