NOT LISTED FOR SALE

482 Seminary Ave Rahway, NJ 07065

Estimated Value: $687,000 - $742,000

6 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold May 18, 2022

Last sale price $533,000

Est. 35% increase in value since last sale

Current estimated payment $5,035/month

96 Days on Market

Highlights

  • 2 Car Detached Garage
  • Air Conditioning
  • Wood Siding
  • Oversized Parking
  • Forced Air Heating System

About This Home

As of May 2022

Charming three family home can be a great investment opportunity. Nestled in an quaint neighborhood only one mile from the train to NYC for easy commuting. All units currently rented. Each unit is a one-floor unit. Additional storage and laundry facilities in basement. Separate utilities. Estate sale, sold strictly AS IS.

Last Agent to Sell the Property

Dawn Ochs

Keller Williams Realty Ocean Living License #0232706 Listed on: 11/03/2021

Keller Williams Realty Ocean Living

Last Buyer's Agent

Nikita Mamontov

RE/MAX Select License #1974493

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,119

Year Built

  • Built in 1870

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80 x 153

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Common or Shared Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Laminate Flooring
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Rahway Middle School
  • Rahway High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, sewer, gas, electricity
  • The owner pays for sewer, garbage removal
  • Assessor Parcel Number 13-00166-0000-00021

Community Details

Overview

  • 3 Units
  • Inman Heights Subdivision

Building Details

  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,119

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Inman Heights
  • Reso Flooring: Laminate, See Remarks, Other
  • New Construction: No
  • Year Built: 1870
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 80 x 153
  • Location Middle School: Rahway
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage Oversized: Yes
  • Cooling Multi Units: Yes
  • Siding Wood2: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Floors Laminate2: Yes
  • Income Expenses Net Income: 48000.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Basement Shared Storage3: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Other, Full, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 3
  • Full Basement: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.28
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Common, Off Street, Detached, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Rahway

Lot Info

  • Lot Dimensions: 80 x 153
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-00166-0000-00021
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Water, Sewer, Gas, Electricity
  • Owner Pays: Other, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12119.0
  • Tax Other Annual Assessment Amount: 175000.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Rahway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 7, 2012
Sold by
Engel Paula
Bought by
Yadgir David
Buyer's Agent
MATTHEW DOBROWOLSKI
VILLAGE GREEN REALTORS
Sold Price
$270,000
Current Estimated Value
$721,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,490
Avg. Annual Appreciation
7.65%
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
Yadgir David $270,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $533,000 +7.7% --
04/18/2022 04/18/22 For Sale $495,000 0.0% --
02/08/2022 02/08/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $495,000 0.0% --
11/17/2021 11/17/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $495,000 +83.3% --
08/07/2012 08/07/12 Sold $270,000 0.0% -- View Prior Sale
08/07/2012 08/07/12 Sold $270,000 -- -- View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,832 $200,300 $67,600 $132,700
2024 $14,366 $200,300 $67,600 $132,700
2023 $14,366 $200,300 $67,600 $132,700
2022 $12,289 $175,000 $67,600 $107,400
2021 $12,164 $175,000 $67,600 $107,400
2020 $12,119 $175,000 $67,600 $107,400
2019 $11,965 $175,000 $67,600 $107,400
2018 $11,713 $175,000 $67,600 $107,400
2017 $11,424 $175,000 $67,600 $107,400
2016 $11,181 $175,000 $67,600 $107,400
2015 $11,055 $175,000 $67,600 $107,400
2014 $10,857 $175,000 $67,600 $107,400
Source: Public Records

Agents Affiliated with this Home

  • Dawn Ochs

    Seller's Agent in 2022

    Dawn Ochs

    Keller Williams Realty Ocean Living

    (908) 672-5946

    1 in this area

    25 Total Sales

    Dawn Ochs
    Section Image

  • N

    Buyer's Agent in 2022

    Nikita Mamontov

    RE/MAX

    (732) 599-5544

    1 in this area

    42 Total Sales

    Nikita Mamontov
    Section Image

  • E

    Seller's Agent in 2012

    Ellen Weber

    Coldwell Banker Realty

  • M

    Buyer's Agent in 2012

    MATTHEW DOBROWOLSKI

    VILLAGE GREEN REALTORS

  • N

    Buyer's Agent in 2012

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2012

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22135745

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00166-0000-00021

New Jersey Union County Rahway 07065

482 Seminary Ave, Rahway, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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