NOT LISTED FOR SALE

493 Jefferson Ave Rahway, NJ 07065

Estimated Value: $533,000 - $640,000

3 Beds
2 Baths
1 Sq Ft
$576,079/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $462,000 $462,000 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,992/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • 1 Car Detached Garage
  • Deck
  • Formal Dining Room
  • Entrance Foyer

About This Home

As of January 2023

Lovely brick faced colonial that combines both traditional and modern finishes. As you enter the home into the tiled foyer you feel right at home. The beautiful parquet flooring captures your attention and is featured throughout the house. On the first level you have the spacious living room with its accent wall. Ample dining room with sliders to the deck. The kitchen features granite breakfast bar, stainless steel appliances and lots of natural light. Upstairs you will find three well sized bedrooms and a full bath. The basement is finished with bonus room, full bath and laundry area. Outside you can retreat to the fenced in yard, detached garage and large deck. Convenient to major transportation, highways, hospital and shopping. Make this a house you don't want to miss!

Last Listed By

Johaira Exposito

WEICHERT REALTORS Brokerage Phone: 908-510-5031 Listed on: 08/09/2022

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,064

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Wall to Wall Carpet
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00063-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,064

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 493
  • Directions: St. George to Grove to Jefferson
  • I D: 5171818
  • Modified: 2024-01-26
  • Number Images: 28
  • First Name: JOHAIRA C.
  • First Name3: GITTY
  • Last Name: EXPOSITO
  • Last Name3: LEVI
  • Office Phone: 732-494-6800
  • Office Phone3: 732-564-6900
  • Attribution Contact: 908-510-5031
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Parquet, Tile
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: Bath(s) Other, Rec Room, Utility Room
  • Phone: 732-494-6800

Exterior Features

  • Exterior Description: Brick, Metal
  • Exterior Features: Barbeque, Deck, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 35X100
  • Assessed Improvement Value: 80700
  • Assessed Land Value: 50200
  • Assessment: 130900
  • Easement: Unknown
  • Lot Identifier: 16
  • 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: 9064
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00063-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Jan 17, 2023
Sold by
Santos Bruce R and Santos Camila
Bought by
Frankl Samuel and Frankl Faigy H
Seller's Agent
Johaira Exposito
WEICHERT REALTORS
Buyer's Agent
Gitty Levi
EREALTY ADVISORS, INC.
List Price
$457,000
Sold Price
$462,000
Premium/Discount to List
$5,000
1.09%
Total Days on Market
29
Views
2
Current Estimated Value
$576,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,079
Avg. Annual Appreciation
8.02%
Original Mortgage
$415,800
Outstanding Balance
$405,888
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$144,588

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 6, 2019
Sold by
493 Jefferson Avenue Llc
Bought by
Santos Bruce R
Seller's Agent
BERNARD WERZBERGER
IMPERIAL REAL ESTATE AGENCY
Buyer's Agent
ISABEL TAVARES
KELLER WILLIAMS REALTY
List Price
$295,000
Sold Price
$301,000
Premium/Discount to List
$6,000
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$295,548
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2018
Sold by
Leach Jerome M and Leach Ernest
Bought by
493 Jefferson Avenue Llc

Purchase Details

Listed on
Dec 29, 2015
Closed on
Dec 28, 2015
Sold by
Lemon Core Llc
Bought by
Leach Jerome and Leach Ernest
Seller's Agent
Debbie Ratcliff
CENTURY 21 REAL ESTATE GROUP
Buyer's Agent
SHIRLEY M. STEWART
J.J. ELEK REALTY CO.
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$196,377
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2013
Sold by
Figueroa Ofelia B and Figueroa Jose M
Bought by
Lemon Core Llc

Purchase Details

Closed on
Oct 1, 2004
Sold by
Desouza Valdemir
Bought by
Figueroa Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.84%

Purchase Details

Closed on
Jan 21, 2003
Sold by
Wachovia Bank
Bought by
Desouza Valdemir and Desouza Lucilena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
5.88%

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
Frankl Samuel $462,000 Old Republic National Title
Santos Bruce R $301,000 Afrm Title & Abstract
493 Jefferson Avenue Llc $187,000 None Available
Leach Jerome $200,000 --
Lemon Core Llc $95,000 None Available
Figueroa Ofelia $275,000 --
Desouza Valdemir $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankl Samuel $415,800
Previous Owner Santos Bruce R $294,000
Previous Owner Santos Bruce R $295,548
Previous Owner Leach Jerome $196,377
Previous Owner Leach Jerome $196,377
Previous Owner Figueroa Ofelia B $296,000
Previous Owner Figueroa Ofelia $220,000
Previous Owner Desouza Valdemir $175,750
Previous Owner Oneill James L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $462,000 +1.1% $462,000 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $457,000 +51.8% $457,000 / Sq Ft
08/08/2019 08/08/19 Sold $301,000 +2.0% $301,000 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $295,000 +47.5% $295,000 / Sq Ft
12/29/2015 12/29/15 Sold $200,000 -- $200,000 / 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 $9,388 $172,500 $50,200 $122,300
2023 $9,388 $130,900 $50,200 $80,700
2022 $9,192 $130,900 $50,200 $80,700
2021 $9,099 $130,900 $50,200 $80,700
2020 $9,065 $130,900 $50,200 $80,700
2019 $8,950 $130,900 $50,200 $80,700
2018 $8,761 $130,900 $50,200 $80,700
2017 $8,545 $130,900 $50,200 $80,700
2016 $8,363 $130,900 $50,200 $80,700
2015 $8,269 $130,900 $50,200 $80,700
2014 $8,121 $130,900 $50,200 $80,700
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3801246

Garden State MLS

APN: 13-00063-0000-00016