NOT LISTED FOR SALE

298 Rainbow Way Phillipsburg, NJ 08865

Estimated Value: $278,000 - $312,000

-- Bed
-- Bath
1,824 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 298 Rainbow Way, Phillipsburg, NJ 08865 and is currently estimated at $294,723, approximately $161 per square foot. 298 Rainbow Way is a home located in Warren County with nearby schools including Lopatcong Elementary School, Lopatcong Township Middle School, and Sts. Philip & James School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Chapel Creek Investors Llc
Bought by
Warren Heights Riverside Llc and Warren Heights Kohler Llc
Current Estimated Value
$294,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,890,000
Outstanding Balance
$19,044,178
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$18,749,455

Purchase Details

Closed on
May 25, 2010
Sold by
Baltimore Street Associates Llc
Bought by
Chapel Creek Investors Llc
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Warren Heights Riverside Llc $769,057 Old Republic Title
Warren Heights Riverside Llc $769,057 Old Republic Title
Warren Heights Riverside Llc $769,057 Old Republic Title
Chapel Creek Investors Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Heights Riverside Llc $19,890,000
Closed Warren Heights Riverside Llc $19,890,000
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
2025 $4,785 $160,200 $60,000 $100,200
2024 $4,580 $160,200 $60,000 $100,200
2023 $4,567 $160,200 $60,000 $100,200
2022 $4,567 $160,200 $60,000 $100,200
2021 $4,753 $160,200 $60,000 $100,200
2020 $4,734 $160,200 $60,000 $100,200
2019 $4,721 $160,200 $60,000 $100,200
2018 $4,721 $160,200 $60,000 $100,200
2017 $5,384 $182,400 $60,000 $122,400
2016 $5,259 $182,400 $60,000 $122,400
2015 $5,054 $182,400 $60,000 $122,400
2014 $5,034 $182,400 $60,000 $122,400
Source: Public Records

Map

New Jersey Warren County Phillipsburg 08865

298 Rainbow Way, Phillipsburg, NJ

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