NOT LISTED FOR SALE

492 Madison Ave Rahway, NJ 07065

Estimated Value: $463,328 - $520,000

2 Beds
1 Bath
1,120 Sq Ft
$438/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $267,000 $238 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,477/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Room
  • Deck
  • High Ceiling
  • 2 Car Detached Garage

About This Home

As of November 2017

Stunning Open Concept Modern Colonial Spacious 2 bedroom, 1 bath has everything updated and upgraded from the electrical, to central air/heat, roof, and plumbing.This is a great condo alternative located on a 75X100 lot offering tons of privacy. The functional layout is ideal for entertaining. The kitchen features Alaskan white granite-top, marble subway tiles and all stainless steal appliances. Walk through the kitchen's sliding doors to your newly built deck perfect to enjoy with friends. Bonus features includes a generous sized 2 car garage and a bonus side lot. Located 4 minutes away from Rahway's train station, with direct lines to NYC!

Last Agent to Sell the Property

Tamayo Oppenheimer

SILVER AND OAK REALTY Listed on: 09/23/2017

Last Buyer's Agent

Antonio Pereira

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,679

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Private Driveway
  • Additional Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Entrance Foyer
  • Family Room with entrance to outdoor space
  • Living Room
  • Breakfast Room
  • Family or Dining Combination
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00056-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,679

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate, Renovated
  • County Name: Union
  • Renovated Year: 2017
  • Street Number Display: 492
  • Directions: W Inman to Madison
  • I D: 4748703
  • Modified: 2021-09-23
  • Number Images: 12
  • First Name: TAMAYO
  • First Name3: ANTONIO
  • Last Name: OPPENHEIMER
  • Last Name3: PEREIRA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Wood
  • Appliances: Range/Oven-Gas, Refrigerator, CookGas, Dishwasher, Kitchen Exhaust Fan
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Slab, Full, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Breakfast Room, Foyer, OutEntrn, Living Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms
  • Phone: 201-630-0360

Exterior Features

  • Exterior Description: Stucco, Vinyl Siding
  • Exterior Features: Storage Shed, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Additional Parking, Lighting, Blacktop, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 75X100
  • Assessed Improvement Value: 52100
  • Assessed Land Value: 68100
  • Assessment: 120200
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7679
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00056-0000-00003-0000-
  • Tax Rate Amount: 6.389
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
Nov 20, 2017
Sold by
Providence Group Llc
Bought by
Orlando Bill
Seller's Agent
Tamayo Oppenheimer
SILVER AND OAK REALTY
Buyer's Agent
Antonio Pereira
RE/MAX NEW MILLENNIUM GROUP
List Price
$257,000
Sold Price
$267,000
Premium/Discount to List
$10,000
3.89%
Current Estimated Value
$490,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,582
Avg. Annual Appreciation
8.09%
Original Mortgage
$272,740
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2017
Sold by
Doria Vito
Bought by
Providence Group Llc

Purchase Details

Closed on
Apr 21, 2011
Sold by
Whitney Frances J
Bought by
Doria Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,220
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Greve John R and Whitney Greve Frances J
Bought by
Whitney Greve Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2000
Sold by
Skocypec Leonora C
Bought by
Greve John R and Greve Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
7.83%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Orlando Bill $267,000 Suburban Title Examiners Inc
Providence Group Llc $1,260,000 Clear Skies Title Agency
Doria Vito $228,000 Fidelity Natl Title Ins Co
Whitney Greve Frances J -- None Available
Greve John R $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlando Bill $266,117
Closed Orlando Bill $272,740
Previous Owner Doria Vito $222,220
Previous Owner Whitney Greve Frances J $170,000
Previous Owner Whitney Greve Frances $157,500
Previous Owner Whitney Greve Frances J $206,000
Previous Owner Greve John R $127,000
Previous Owner Greve John R $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $267,000 +3.9% $238 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/23/2017 09/23/17 For Sale $257,000 -- $229 / 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 $10,352 $139,800 $68,100 $71,700
2024 $10,026 $139,800 $68,100 $71,700
2023 $10,026 $139,800 $68,100 $71,700
2022 $9,817 $139,800 $68,100 $71,700
2021 $9,718 $139,800 $68,100 $71,700
2020 $9,681 $139,800 $68,100 $71,700
2019 $9,558 $139,800 $68,100 $71,700
2018 $8,045 $120,200 $68,100 $52,100
2017 $7,847 $120,200 $68,100 $52,100
2016 $7,680 $120,200 $68,100 $52,100
2015 $7,593 $120,200 $68,100 $52,100
2014 $7,457 $120,200 $68,100 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3420111

Garden State MLS

APN: 13-00056-0000-00003