NOT LISTED FOR SALE

493 W Lake Ave Rahway, NJ 07065

Estimated Value: $570,000 - $658,000

3 Beds
1.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 24, 2018

Last sale price $350,000

Est. 72% increase in value since last sale

Current estimated payment $4,341/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Formal Dining Room
  • Wood Flooring
  • Sun or Florida Room
  • 1 Car Detached Garage

About This Home

As of May 2018

This pristine Colonial home comes with many updates and renovations. It's bright and airy, and in addition to a formal Dining Room, there is an amazing new Kitchen w/granite counters tops, stainless-steel appliances, a sliding door to a new deck that leads to the garage and the large backyard. In the 2nd floor we have 3 nice bedrooms and a picture perfect bathroom. Classic features include original hardwood floors, a Sunroom, a Brick-faced fireplace in the Living Room and a ceiling fan. New Central Heating and AC, plus the attic is accessible via pull-down stairs. It is constructed on a larger lot compared to other homes in the neighborhood. Peaceful living while being conveniently close to shops, schools, parks and transport, just move right in!

Last Agent to Sell the Property

CLAUDIA BARBOZA

COMPASS NEW JERSEY LLC Listed on: 03/04/2018

Last Buyer's Agent

CLAUDIA BARBOZA

COMPASS NEW JERSEY LLC Listed on: 03/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,734

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2913-00105-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,734

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: From St. George Ave to W Lake Ave.
  • I D: 4782945
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Inman Heights
  • First Name: CLAUDIA
  • First Name3: CLAUDIA
  • Last Name: BARBOZA
  • Last Name3: BARBOZA
  • Office Phone: 973-310-7360
  • Office Phone3: 973-310-7360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Number Rooms: 6
  • Bedrooms: 3
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Level 1 Rooms: Living Room, Dining Room, Sunroom, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-587-5222

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X150
  • Assessed Improvement Value: 78300
  • Assessed Land Value: 55500
  • Assessment: 133800
  • Easement: Unknown
  • Lot Identifier: 10
  • 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: 8734
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00105-0000-00010-0000-
  • Tax Rate Amount: 6.528
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
May 24, 2018
Sold by
Alpha Property Acquistions Llc
Bought by
Morley Nicholas
Seller's Agent
CLAUDIA BARBOZA
COMPASS NEW JERSEY LLC
Buyer's Agent
CLAUDIA BARBOZA
COMPASS NEW JERSEY LLC
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$602,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,274
Avg. Annual Appreciation
7.22%
Original Mortgage
$280,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 22, 2017
Sold by
Hinkle Charles and Hinkle Charles W
Bought by
Alpha Property Acquisitions Llc
Seller's Agent
Alex Smolenski
HALLMARK REALTORS
Buyer's Agent
Linda Marusiefski
DAUNNO REALTY SERVICES LLC
List Price
$165,000
Sold Price
$200,000
Premium/Discount to List
$35,000
21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.89%
Original Mortgage
$160,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morley Nicholas $350,000 First American Title
Alpha Property Acquisitions Llc $200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morley Nicholas $279,500
Closed Morley Nicholas $280,000
Previous Owner Alpha Property Acquisitions Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $350,000 -2.8% --
04/12/2018 04/12/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $360,000 +80.0% --
08/23/2017 08/23/17 Sold $200,000 +21.2% $155 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $165,000 -- $128 / 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 $12,788 $178,300 $55,500 $122,800
2023 $12,788 $178,300 $55,500 $122,800
2022 $12,520 $178,300 $55,500 $122,800
2021 $12,394 $178,300 $55,500 $122,800
2020 $12,347 $178,300 $55,500 $122,800
2019 $12,190 $178,300 $55,500 $122,800
2018 $8,955 $133,800 $55,500 $78,300
2017 $8,734 $133,800 $55,500 $78,300
2016 $8,548 $133,800 $55,500 $78,300
2015 $8,452 $133,800 $55,500 $78,300
2014 $8,301 $133,800 $55,500 $78,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CLAUDIA BARBOZA

    COMPASS NEW JERSEY LLC

  • Alex Smolenski

    Seller's Agent in 2017

    Alex Smolenski

    HALLMARK REALTORS

    (732) 484-5081

    6 in this area

    64 Total Sales

    Alex Smolenski
    Section Image
  • Linda Marusiefski

    Buyer's Agent in 2017

    Linda Marusiefski

    DAUNNO REALTY SERVICES LLC

    (732) 983-1270

    8 in this area

    21 Total Sales

    Linda Marusiefski
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3451079

Garden State MLS

APN: 13-00105-0000-00010

New Jersey Union County Rahway 07065

493 W Lake Ave, Rahway, NJ

This home is located at 493 W Lake Ave, Rahway, NJ 07065 since 04 March 2018 and is currently estimated at $602,274. This property was built in 1930. 493 W Lake Ave is a home located in Union County with nearby schools including Rahway High School.

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