NOT LISTED FOR SALE

408 W Scott Ave Rahway, NJ 07065

Estimated Value: $548,000 - $686,321

4 Beds
3 Baths
1,603 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $675,000 $421 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,440/month

33 Days on Market

About This Home

As of July 2024

This home is located at 408 W Scott Ave, Rahway, NJ 07065 since 22 February 2024 and is currently estimated at $625,080, approximately $389 per square foot. This property was built in 1963. 408 W Scott Ave is a home located in Union County with nearby schools including Rahway High School and St John The Apostle School.

Last Agent to Sell the Property

JOSEPH WEISZ

PINN REALTY Brokerage Phone: 908-585-4111 Listed on: 02/22/2024

Last Buyer's Agent

Gitty Levi

EREALTY ADVISORS, INC.

EREALTY ADVISORS, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,270

Year Built

  • Built in 1963

Lot Details

  • 4,356 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,270

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Union
  • I D: 5271114
  • Attribution Contact: 908-585-4111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X102
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 23, 2024
Sold by
408 West Scott St Llc
Bought by
Falkowitz Shloime M and Falkowitz Bruchy
Seller's Agent
JOSEPH WEISZ
PINN REALTY
Buyer's Agent
Gitty Levi
EREALTY ADVISORS, INC.
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%
Views
317
Current Estimated Value
$667,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,474
Avg. Annual Appreciation
-5.45%
Original Mortgage
$570,750
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2023
Sold by
Sheriff Of The County Of Union
Bought by
408 West Scott St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.09%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 15, 2010
Sold by
Igbinosun Mercy and Igbinosun Solomon
Bought by
Igbinosun Mercy and Igbinosun Solomon

Purchase Details

Closed on
Jul 13, 2007
Sold by
Igbinosun Mercy and Igbinosun Solomon
Bought by
Igbinosun Mercy and Igbinosun Solomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,190
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Igninosun Mercy
Bought by
Igbinosun Mercy and Igbinosun Solomon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,376
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1994
Sold by
Dumicz Maria
Bought by
Igbinosun Mercy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Falkowitz Shloime M $675,000 Amtrust Title
Falkowitz Shloime M $675,000 Amtrust Title
408 West Scott St Llc $442,220 Universal Title
Igbinosun Mercy -- Stewart Title Guaranty
Igbinosun Mercy -- Stewart Title Guaranty
Igbinosun Mercy -- --
Igbinosun Mercy $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falkowitz Shloime M $570,750
Previous Owner 408 West Scott St Llc $385,000
Previous Owner Igbinosun Mercy $368,190
Previous Owner Igbinosun Mercy $119,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $675,000 -0.6% $421 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $678,999 -1.5% $424 / Sq Ft
02/22/2024 02/22/24 For Sale $689,000 -- $430 / 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
2025 $11,270 $206,700 $54,500 $152,200
2024 $10,916 $152,200 $54,500 $97,700
2023 $10,916 $152,200 $54,500 $97,700
2022 $10,687 $152,200 $54,500 $97,700
2021 $10,579 $152,200 $54,500 $97,700
2020 $10,540 $152,200 $54,500 $97,700
2019 $10,406 $152,200 $54,500 $97,700
2018 $10,187 $152,200 $54,500 $97,700
2017 $9,936 $152,200 $54,500 $97,700
2016 $9,724 $152,200 $54,500 $97,700
2015 $9,614 $152,200 $54,500 $97,700
2014 $9,442 $152,200 $54,500 $97,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JOSEPH WEISZ

    PINN REALTY

    (845) 729-1240

    35 in this area

    151 Total Sales

    JOSEPH WEISZ
    Section Image

  • G

    Buyer's Agent in 2024

    Gitty Levi

    EREALTY ADVISORS, INC.

    (914) 712-6330

    60 in this area

    210 Total Sales

    Gitty Levi
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3887219

Garden State MLS

APN: 13-00221-0000-00008

New Jersey Union County Rahway 07065

408 W Scott Ave, Rahway, NJ

Not Listed for Sale

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