NOT LISTED FOR SALE

354 Grove St Rahway, NJ 07065

Estimated Value: $474,000 - $552,000

2 Beds
2 Baths
1 Sq Ft
$516,724/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $350,000 $350,000 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,690/month

13 Days on Market

About This Home

As of March 2023

This home is located at 354 Grove St, Rahway, NJ 07065 since 21 January 2023 and is currently estimated at $516,724, approximately $516,724 per square foot. This property was built in 1950. 354 Grove St is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

Melanie Selk

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 01/21/2023

RE/MAX SELECT

Last Buyer's Agent

Neelam Makker

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,203

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,203

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 354
  • I D: 5191973
  • Modified: 2024-03-08
  • Number Images: 1
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X153
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
May 3, 2023
Sold by
Chaudhry Shantnu Lincoln
Bought by
Chaudhry Shantnu Lincoln and Chaudhry Anu
Seller's Agent
Melanie Selk
RE/MAX SELECT
Buyer's Agent
Neelam Makker
RE/MAX FIRST REALTY
List Price
$310,000
Sold Price
$350,000
Premium/Discount to List
$40,000
12.9%
Views
63
Current Estimated Value
$503,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,486
Avg. Annual Appreciation
15.64%

Purchase Details

Listed on
Jan 21, 2023
Closed on
Mar 2, 2023
Sold by
Heuser Timothy
Bought by
Chaudhry Shantnu Lincoln
Seller's Agent
Melanie Selk
RE/MAX SELECT
Buyer's Agent
Neelam Makker
RE/MAX FIRST REALTY
List Price
$310,000
Sold Price
$350,000
Premium/Discount to List
$40,000
12.9%
Views
63

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jun 22, 2017
Sold by
Clarke Dale and Clarke Judith A
Bought by
Heuser Richard
Seller's Agent
SIMONE O LEARY
NORTHEAST SIGNATURE PROPERTIES
Buyer's Agent
Melanie Selk
RE/MAX SELECT
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$211,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Coakley Helen A
Bought by
Clarke Dale and Clarke Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Interest Rate
5.25%
Mortgage Type
FHA
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
Chaudhry Shantnu Lincoln -- None Listed On Document
Chaudhry Shantnu Lincoln $350,000 None Listed On Document
Heuser Richard $235,000 Landquest Title Llc
Clarke Dale $275,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heuser Richard $211,500
Previous Owner Clarke Dale $264,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $350,000 +12.9% $350,000 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $310,000 +31.9% $310,000 / Sq Ft
06/23/2017 06/23/17 Sold $235,000 +2.2% $235,000 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $230,000 -- $230,000 / 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 $11,203 $159,200 $66,200 $93,000
2023 $11,203 $156,200 $66,200 $90,000
2022 $10,968 $156,200 $66,200 $90,000
2021 $10,857 $156,200 $66,200 $90,000
2020 $10,817 $156,200 $66,200 $90,000
2019 $10,679 $156,200 $66,200 $90,000
2018 $10,454 $156,200 $66,200 $90,000
2017 $10,197 $156,200 $66,200 $90,000
2016 $9,980 $156,200 $66,200 $90,000
2015 $9,867 $156,200 $66,200 $90,000
2014 $9,691 $156,200 $66,200 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Melanie Selk

    Seller's Agent in 2023

    Melanie Selk

    RE/MAX

    (908) 400-0643

    2 in this area

    26 Total Sales

    Section Image
  • Neelam Makker

    Buyer's Agent in 2023

    Neelam Makker

    RE/MAX

    4 in this area

    29 Total Sales

    Section Image

  • S

    Seller's Agent in 2017

    SIMONE O LEARY

    NORTHEAST SIGNATURE PROPERTIES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3825478

Garden State MLS

APN: 13-00063-0000-00020

New Jersey Union County Rahway 07065

354 Grove St, Rahway, NJ

This home is located at 354 Grove St, Rahway, NJ 07065 since 21 January 2023 and is currently estimated at $516,724, approximately $516,724 per square foot. This property was built in 1950. 354 Grove St is a home located in Union County with nearby schools including Rahway High School.

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