NOT LISTED FOR SALE

254 W Lake Ave Rahway, NJ 07065

Estimated Value: $539,000 - $610,000

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $450,000

Est. 20% increase in value since last sale

Current estimated payment $3,939/month

34 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of May 2022

Welcome to this newly renovated colonial home, located on a quiet neighborhood in Rahway NJ. Brand new stainless steel appliances with a beautiful grant top kitchen counter. The home features 3 bedrooms and 2 full bathrooms, the bedrooms will all be found on the second floor and a bathroom on each floor. Move in to this spectacular home!

Last Agent to Sell the Property

LUCA F. LESTRADE

KELLER WILLIAMS METROPOLITAN Listed on: 02/04/2022

Last Buyer's Agent

SHANAE SAUNDERS

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,479

Year Renovated

  • 2022

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Underground Utilities

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2913-00074-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,479

Year Renovated

2022

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2022
  • Street Number Display: 254
  • Directions: Google Maps
  • I D: 5127825
  • Modified: 2023-05-17
  • Number Images: 13
  • First Name: LUCA F.
  • First Name3: SHANAE
  • Last Name: LESTRADE
  • Last Name3: SAUNDERS
  • Office Phone: 908-558-2727
  • Attribution Contact: 908-558-2727
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Room Level: First
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 908-558-2727

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

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

Lot Info

  • Lot Size: 42X86
  • Assessed Improvement Value: 59300
  • Assessed Land Value: 48300
  • Assessment: 107600
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7479
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00074-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
May 12, 2022
Sold by
Elsa Goncalves
Bought by
Romero Solangely
Seller's Agent
LUCA F. LESTRADE
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
SHANAE SAUNDERS
KELLER WILLIAMS ELITE REALTORS
List Price
$414,900
Sold Price
$450,000
Premium/Discount to List
$35,100
8.46%
Current Estimated Value
$540,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,410
Avg. Annual Appreciation
5.30%
Original Mortgage
$382,500
Outstanding Balance
$366,087
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$165,937

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 12, 2021
Sold by
Cosby Sharon J
Bought by
Goncalves Elsa
Seller's Agent
Romina Scandroglio
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
LUCA F. LESTRADE
KELLER WILLIAMS METROPOLITAN
List Price
$309,000
Sold Price
$250,000
Premium/Discount to List
-$59,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.81%

Purchase Details

Closed on
Mar 31, 1995
Sold by
Szewczyk Frances C
Bought by
Cosby Sharon J
Source: Public Records

Range of Values:

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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
Romero Solangely $450,000 Andril Alcides T
Goncalves Elsa $250,000 Ats Title Agency Inc
Cosby Sharon J $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Solangely $382,500
Previous Owner Cosby Sharon J $163,000
Previous Owner Cosby Sharon J $169,800
Previous Owner Cosby Sharon J $30,500
Previous Owner Cosby Sharon J $85,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $450,000 +8.5% --
03/10/2022 03/10/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $414,900 +66.0% --
10/12/2021 10/12/21 Sold $250,000 -19.1% --
09/08/2021 09/08/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $309,000 -- --
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 $11,755 $163,900 $48,300 $115,600
2023 $11,755 $163,900 $48,300 $115,600
2022 $7,556 $107,600 $48,300 $59,300
2021 $7,479 $107,600 $48,300 $59,300
2020 $7,451 $107,600 $48,300 $59,300
2019 $7,357 $107,600 $48,300 $59,300
2018 $7,202 $107,600 $48,300 $59,300
2017 $7,024 $107,600 $48,300 $59,300
2016 $6,875 $107,600 $48,300 $59,300
2015 $6,797 $107,600 $48,300 $59,300
2014 $6,676 $107,600 $48,300 $59,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LUCA F. LESTRADE

    KELLER WILLIAMS METROPOLITAN

  • S

    Buyer's Agent in 2022

    SHANAE SAUNDERS

    KELLER WILLIAMS ELITE REALTORS

  • Romina Scandroglio

    Seller's Agent in 2021

    Romina Scandroglio

    KELLER WILLIAMS METROPOLITAN

    (908) 486-0005

    41 in this area

    249 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3762349

Garden State MLS

APN: 13-00074-0000-00004

New Jersey Union County Rahway 07065

254 W Lake Ave, Rahway, NJ

This home is located at 254 W Lake Ave, Rahway, NJ 07065 since 04 February 2022 and is currently estimated at $565,776. 254 W Lake Ave is a home located in Union County with nearby schools including Rahway High School.

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