NOT LISTED FOR SALE

341 Lower Alden Dr Unit 43 Rahway, NJ 07065

Estimated Value: $620,000 - $731,000

-- Bed
-- Bath
1,540 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $682,000 $443 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,456/month

10 Days on Market

Highlights

  • Property is near public transit
  • Workshop
  • Shed
  • Private Yard
  • Patio
  • Outdoor Grill

About This Home

As of October 2024

Welcome to this charming two-unit residence in Rahway, ideally situated just minutes from the Rahway train station, downtown, schools, major highways, shopping areas, & public transportation. This property features two-story dwellings in a duplex style. Both with access to the partially finished basement and backyard! Recent updates include some new windows, hardwood floors, renovated baths, modernized kitchen, hot water heater, fresh paint, & a brand new shed just to name a few. Unit #1 is a 1b, 1b apt that offers a comfortable layout. The 1st level includes a living room, dining room, & kitchen, while the 2nd fl houses the full bathroom and bedroom. Unit #2 is a 3b, 1.5b apt with a well-thought-out layout. The 1st level includes a living room, dining room, a spacious kitchen with an eat-in area (EIK), a half bath, 1 bedroom, & a bonus room. The 2nd fl features 2 additional bedrooms & a full bath. BOTH units have access to the backyard and basement. This is an excellent opportunity for both owner-occupants and investors: live in one unit and rent out the other for a flexible, profitable investment. With everything you need close by, this home offers the perfect blend of convenience and comfort.

Last Agent to Sell the Property

MariaTheresa Carranza

COLDWELL BANKER REALTY Listed on: 08/31/2024

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,138

Year Built

  • Built in 1950

Lot Details

  • 6,299 Sq Ft Lot
  • Lot Dimensions are 100.00 x 63.00
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Utility Room

Partially Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Laundry in Basement
  • Basement Storage

Home Security

  • Storm Screens
  • Storm Doors

Outdoor Features

  • Patio
  • Shed
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,138

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1446
  • Lot Size: 100.00 x 63.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Partially Finished, Other Room(s), Exterior Entry, Recreation Room, Storage Space, Tenant Use, Utility Room, Workshop, Laundry Facilities
  • Interior Amenities: Unit 1(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room)
  • Living Area: 1540
  • Stories: 2
  • Window Features: Screen/Storm Window

Exterior Features

  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Barbecue, Patio, Screen/Storm Window, Door(s)-Storm/Screen, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: See Remarks, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6299

Rental Info

  • Lease Term: Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 11138
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Oct 18, 2024
Sold by
Aviles Laura and Aviles-Palva Laura
Bought by
Aguir Polo Patricio Xavier and Aguir Sofia Silva
Seller's Agent
MariaTheresa Carranza
COLDWELL BANKER REALTY
List Price
$585,000
Sold Price
$682,000
Premium/Discount to List
$97,000
16.58%
Views
49
Current Estimated Value
$667,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,900
Avg. Annual Appreciation
-1.07%
Original Mortgage
$649,297
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1996
Sold by
Paiva George
Bought by
Aviles Paiva Laura

Purchase Details

Closed on
Jun 21, 1996
Sold by
Kovaly Dorothy Susan and Sandlin Dorothy
Bought by
Aviles Paiva Laura
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aguir Polo Patricio Xavier $690,000 Imperium Title
Aviles Paiva Laura -- --
Aviles Paiva Laura $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguir Polo Patricio Xavier $649,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $682,000 +16.6% $443 / Sq Ft
08/31/2024 08/31/24 For Sale $585,000 -- $380 / Sq Ft
Source: All Jersey 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 $11,500 $195,700 $65,900 $129,800
2024 $11,138 $155,300 $65,900 $89,400
2023 $11,138 $155,300 $65,900 $89,400
2022 $10,905 $155,300 $65,900 $89,400
2021 $10,795 $155,300 $65,900 $89,400
2020 $10,755 $155,300 $65,900 $89,400
2019 $10,618 $155,300 $65,900 $89,400
2018 $10,394 $155,300 $65,900 $89,400
2017 $10,138 $155,300 $65,900 $89,400
2016 $9,922 $155,300 $65,900 $89,400
2015 $9,810 $155,300 $65,900 $89,400
2014 $9,635 $155,300 $65,900 $89,400
Source: Public Records

Agents Affiliated with this Home

  • MariaTheresa Carranza

    Seller's Agent in 2024

    MariaTheresa Carranza

    COLDWELL BANKER REALTY

    (732) 425-2867

    4 in this area

    41 Total Sales

    MariaTheresa Carranza
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Map

Source: All Jersey MLS

MLS Number: 2502929R

All Jersey MLS

APN: 13-00264-0000-00005

New Jersey Union County Rahway 07036

341 Lower Alden Dr Unit 43, Rahway, NJ

Not Listed for Sale

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