NOT LISTED FOR SALE

361 Rudolph Ave Rahway, NJ 07065

Estimated Value: $501,000 - $733,000

3 Beds
2 Baths
2,632 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $320,000 $122 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,729/month

Highlights

  • Above Ground Pool
  • Deck
  • Ground Level Unit
  • Custom Home
  • Main Floor Primary Bedroom
  • Granite Countertops

About This Home

As of October 2022

Welcome! This beautifully maintained home has a lot to offer including a recently updated kitchen & flooring. It features 2 beds, 1 full bath, EI kitchen with SS appliances & Quartz countertops, living/dining room combo, laundry room, and a bonus room. This is the 2nd floor unit of a 2 family home situated in a great neighborhood within the exciting City of Rahway. Close to Rahway Train Station (great for commuters), great shopping, dining, and entertainment. Don't let this opportunity pass you by. Schedule a showing today! No backyard access, no pets, no smoking/vaping.

Last Agent to Rent the Property

Jason Payne

KELLER WILLIAMS ELITE REALTORS Listed on: 09/10/2022

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,032

Year Built

  • Built in 1920

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 100.00 x 75.00
  • Rural Setting
  • Fenced
  • Private Yard

Home Design

  • Custom Home
  • Apartment

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Shades
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Basement Storage

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include water
  • Florence Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, pool maintenance, electricity, gas, snow removal, hot water
  • 12 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,032

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Pool Maintenance, Electricity, Gas, Snow Removal, Hot Water

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1722
  • Lot Size: 100.00 x 75.00
  • Subdivision Name: Florence Park
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Custom Home
  • Year Built: 1920
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Stove/Oven, Washer/Dryer, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Partially Finished, Recreation Room, Storage Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl-Linoleum
  • Interior Amenities: 3 Bedrooms
  • Living Area: 2632
  • Stories: 2
  • Window Features: Shades/Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Rural Area
  • Pool Features: Outdoor Pool, Above Ground
  • Exterior Features: Yard
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Wall Unit(s)
  • Heating: Fireplace(s), Baseboard Hotwater, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Water
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Lot Info

  • Lot Size Sq Ft: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 14, 2016
Sold by
Cocozza Louis
Bought by
Payne Jason and Payne Lucy
Seller's Agent
Linda Ciardiello
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
Michele Savage
HALLMARK REALTORS
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Current Estimated Value
$659,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,507
Avg. Annual Appreciation
7.73%
Original Mortgage
$272,000
Outstanding Balance
$215,501
Interest Rate
3.68%
Estimated Equity
$444,006
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
Payne Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Jason $272,000
Closed Payne Jason --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2023 10/01/23 Rented $2,250 +2.3% --
08/21/2023 08/21/23 For Rent $2,200 -26.7% --
10/03/2022 10/03/22 Rented $3,000 0.0% --
09/10/2022 09/10/22 For Rent $3,000 +60.0% --
07/06/2021 07/06/21 Rented -- -- --
06/06/2021 06/06/21 Under Contract -- -- --
05/07/2021 05/07/21 For Rent $1,875 0.0% --
03/09/2016 03/09/16 Sold $320,000 -2.7% -- View Prior Sale
01/20/2016 01/20/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $329,000 -- --
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 $15,032 $203,000 $74,900 $128,100
2024 $14,559 $203,000 $74,900 $128,100
2023 $14,559 $203,000 $74,900 $128,100
2022 $14,255 $203,000 $74,900 $128,100
2021 $14,111 $203,000 $74,900 $128,100
2020 $14,058 $203,000 $74,900 $128,100
2019 $13,818 $202,100 $74,900 $127,200
2018 $13,527 $202,100 $74,900 $127,200
2017 $13,193 $202,100 $74,900 $127,200
2016 $12,912 $202,100 $74,900 $127,200
2015 $12,918 $204,500 $74,900 $129,600
2014 $12,687 $204,500 $74,900 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2303362R

All Jersey MLS

APN: 13-00047-0000-00014