NOT LISTED FOR SALE

322 E Lake Ave Rahway, NJ 07065

Estimated Value: $343,367 - $391,000

2 Beds
2 Baths
896 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $280,000 $312 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,474/month

11 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Laundry Room
  • Walk-In Closet
  • Living Room
  • 3-minute walk to Brennan Field

About This Home

As of September 2021

This well maintained, cozy duplex on a quiet tree lined street in desirable section of Rahway, just 10 minutes from NYC train, is waiting for you, A perfect starter home that features 2 bedrooms, 2 full baths, living room, dining room, kitchen with hardwood floors throughout.Nice sized finished basement with full bath and washer/dryer. The large private backyard is perfect for afternoon entertaining or just peaceful evenings outdoors. Plenty of storage in attic or outdoors in large shed. This home is move-in ready!

Last Agent to Sell the Property

ERIC UNDERWOOD

WEIDEL Listed on: 06/14/2021

Last Buyer's Agent

ERIC UNDERWOOD

WEIDEL Listed on: 06/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,283

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Roosevelt Middle School
  • Rahway High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2913-00289-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,283

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Duplex
  • Primary Style: Duplex
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 322
  • Directions: see GPS
  • I D: 5080290
  • Modified: 2022-09-18
  • Number Images: 25
  • First Name: ERIC
  • First Name3: ERIC
  • Last Name: UNDERWOOD
  • Last Name3: UNDERWOOD
  • Office Phone: 609-298-3000
  • Office Phone3: 609-298-3000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Laundry Room, Living Room, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar, Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Attic
  • Level 1 Rooms: Kitchen, LivDinRm
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Phone: 609-586-1400

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 3 Units, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Middle School: Roosevelt
  • High School: Rahway HS
  • High School: Rahway HS
  • Middle Jr High School: Roosevelt

Lot Info

  • Lot Size: 25X112
  • Assessed Improvement Value: 44100
  • Assessed Land Value: 32200
  • Assessment: 76300
  • Lot Identifier: 8
  • 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: 5283
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00289-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.925
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Sep 17, 2021
Sold by
West Tahira
Bought by
Davis Sampson
Seller's Agent
ERIC UNDERWOOD
WEIDEL
Buyer's Agent
ERIC UNDERWOOD
WEIDEL
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Current Estimated Value
$370,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,342
Original Mortgage
$252,000
Outstanding Balance
$234,730
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2008
Sold by
Applecrest Investments I Llc
Bought by
West Tahira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2007
Sold by
Lopez Derrick
Bought by
Applecrest Investments I Llc
Source: Public Records

Range of Values:

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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
Davis Sampson $280,000 Consolidated Title Group Llc
West Tahira $265,000 Commonwealth Land Title Insu
Applecrest Investments I Llc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Sampson $252,000
Previous Owner West Tahira $265,000
Previous Owner Applecrest Investments I Llc $100,000
Previous Owner Lopez Derrick $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $280,000 +7.7% $313 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $260,000 -- $290 / 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 $5,472 $76,300 $32,200 $44,100
2023 $5,472 $76,300 $32,200 $44,100
2022 $5,358 $76,300 $32,200 $44,100
2021 $5,304 $76,300 $32,200 $44,100
2020 $5,284 $76,300 $32,200 $44,100
2019 $5,217 $76,300 $32,200 $44,100
2018 $5,107 $76,300 $32,200 $44,100
2017 $4,981 $76,300 $32,200 $44,100
2016 $4,875 $76,300 $32,200 $44,100
2015 $4,820 $76,300 $32,200 $44,100
2014 $4,734 $76,300 $32,200 $44,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    ERIC UNDERWOOD

    WEIDEL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3720060

Garden State MLS

APN: 13-00289-0000-00008

New Jersey Union County Rahway 07065

322 E Lake Ave, Rahway, NJ

This home is located at 322 E Lake Ave, Rahway, NJ 07065 since 14 June 2021 and is currently estimated at $370,342, approximately $413 per square foot. This property was built in 1940. 322 E Lake Ave is a home located in Union County with nearby schools including Rahway High School.

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