NOT LISTED FOR SALE

488 W Meadow Ave Rahway, NJ 07065

Estimated Value: $470,000 - $547,343

3 Beds
1.5 Baths
1,282 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $350,000 $273 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,717/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • L-Shaped Dining Room
  • Enclosed Patio or Porch

About This Home

As of February 2020

This beautiful 3 bed 1.5 bath dutch colonial in the desirable Inman Heights Section of Rahway is not to be missed. The home has been completed updated over the past 4 years. Brand new dual zone central air/forced hot air (2018), added half bathroom (2016), remodeled kitchen (2019), remodeled bath (2016). The wood burning fireplace in the generously sized living room is a great place to unwind. The dining area with a breakfast bar leads to the kitchen or through the double doors to a deck and good size yard. The front of the home offers a wonderful 3 season room/mud room to sip coffee on a nice sunny day.The upstairs offers 3 bedrooms one of which is being used as a walk in closet. Plenty of storage in basement and long driveway with a detached garage complete this must see home

Last Agent to Sell the Property

JON CARLO CASCIO

KELLER WILLIAMS REALTY Listed on: 12/05/2019

Last Buyer's Agent

Judith Duffy

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,711

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Private Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Madison Elementary School
  • Rahway Middle School
  • Rahway High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00061-0000-00030-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,711

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Refrigerator
  • Street Number Display: 488
  • Directions: St Georges Ave to West Meadow
  • I D: 4948092
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Inman Heights
  • First Name: JON CARLO
  • First Name3: JUDITH
  • Last Name: CASCIO
  • Last Name3: DUFFY
  • Office Phone3: 732-634-8437
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Microwave Oven, Range/Oven-Gas, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Full, Unfinished
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 17x10
  • Living Room Dim: 19x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 22x8
  • Other Room1 Level: First
  • Other Room 2: Storage Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Phone: 908-233-8502

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, On-Street Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Madison
  • Middle School: Rahway MS
  • High School: Rahway HS
  • High School: Rahway HS
  • Middle Jr High School: Rahway MS

Lot Info

  • Lot Size: 40X110
  • Assessed Improvement Value: 84600
  • Assessed Land Value: 60500
  • Assessment: 145100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9711
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00061-0000-00030-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Feb 6, 2020
Sold by
Cascio Jon Carlo and Cascio Kristen
Bought by
Shablya Leonid and Shablya Danielle
Seller's Agent
JON CARLO CASCIO
KELLER WILLIAMS REALTY
Buyer's Agent
Judith Duffy
RE/MAX SELECT
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$520,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,836
Avg. Annual Appreciation
7.08%
Original Mortgage
$280,000
Outstanding Balance
$250,543
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$261,515

Purchase Details

Listed on
Aug 13, 2015
Closed on
Jul 7, 2015
Sold by
Redgate Matthew and Redgate Varela,Jennifer
Bought by
Cascio Jon Carlo
Seller's Agent
JON CARLO CASCIO
KELLER WILLIAMS REALTY
Buyer's Agent
JON CARLO CASCIO
KELLER WILLIAMS REALTY
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Feb 17, 2010
Sold by
Araneo Anthony M
Bought by
Redgate Matthew G and Sousa Jennifer Varela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.02%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2005
Sold by
Forman John
Bought by
Araneo Anthony M

Purchase Details

Closed on
Dec 15, 1999
Sold by
Condron Gregory and Condron Joanne
Bought by
Forman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,638
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Shablya Leonid $350,000 None Available
Cascio Jon Carlo $260,000 --
Redgate Matthew G $305,000 Fidelity Natl Title Ins Co
Araneo Anthony M $225,000 --
Forman John $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shablya Leonid $280,000
Previous Owner Cascio Jon Carlo $251,000
Previous Owner Redgate Matthew G $243,000
Previous Owner Redgate Matthew G $244,000
Previous Owner Forman John $142,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $350,000 -2.5% $273 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $359,000 +38.1% $280 / Sq Ft
08/13/2015 08/13/15 Sold $260,000 -- $203 / 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 $10,550 $147,100 $60,500 $86,600
2023 $10,550 $147,100 $60,500 $86,600
2022 $10,329 $147,100 $60,500 $86,600
2021 $10,225 $147,100 $60,500 $86,600
2020 $10,187 $147,100 $60,500 $86,600
2019 $9,920 $145,100 $60,500 $84,600
2018 $9,712 $145,100 $60,500 $84,600
2017 $9,472 $145,100 $60,500 $84,600
2016 $9,270 $145,100 $60,500 $84,600
2015 $8,730 $138,200 $60,500 $77,700
2014 $8,574 $138,200 $60,500 $77,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JON CARLO CASCIO

    KELLER WILLIAMS REALTY

  • Judith Duffy

    Buyer's Agent in 2020

    Judith Duffy

    RE/MAX

    (732) 221-0217

    101 Total Sales

    Judith Duffy
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3604078

Garden State MLS

APN: 13-00061-0000-00030

New Jersey Union County Rahway 07065

488 W Meadow Ave, Rahway, NJ

This home is located at 488 W Meadow Ave, Rahway, NJ 07065 since 05 December 2019 and is currently estimated at $520,836, approximately $406 per square foot. This property was built in 1925. 488 W Meadow Ave is a home located in Union County with nearby schools including Rahway High School.

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