NOT LISTED FOR SALE

502 Harrison St Rahway, NJ 07065

Estimated Value: $489,000 - $589,000

-- Bed
-- Bath
2,042 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $215,000 $105 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,627/month

241 Days on Market

About This Home

As of February 2017

This home is located at 502 Harrison St, Rahway, NJ 07065 since 09 May 2016 and is currently estimated at $530,807, approximately $259 per square foot. This property was built in 1880. 502 Harrison St is a home located in Union County with nearby schools including Rahway High School, St John The Apostle School, and Mother Seton Regional High School.

Last Agent to Sell the Property

JENNIFER SMOLAR

KELLER WILLIAMS REALTY Brokerage Phone: 908-233-8502 Listed on: 05/09/2016

Last Buyer's Agent

CLAUDIA MOLINA

PRO REALTY LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,893

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Year Built: 1880
  • County Name: Union
  • I D: 4624629
  • Attribution Contact: 908-233-8502
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 64X131
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Ochoa Juan C
Bought by
Ochoa Juan C and Riano-Urrea Sandra P
Current Estimated Value
$530,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,302
Outstanding Balance
$304,890
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$225,917

Purchase Details

Closed on
Feb 8, 2018
Sold by
Ochoa Juan C and Rodriquez Manuel E Corona
Bought by
Ochoa Juan C and Rodriguez Manuel E Corona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,635
Interest Rate
4.22%
Mortgage Type
FHA

Purchase Details

Listed on
May 9, 2016
Closed on
Feb 10, 2017
Sold by
Stemmer Antoinette
Bought by
Ochoa Juan C and Rodriquez Manuel E Corona
Seller's Agent
JENNIFER SMOLAR
KELLER WILLIAMS REALTY
Buyer's Agent
CLAUDIA MOLINA
PRO REALTY LLC.
List Price
$205,000
Sold Price
$215,000
Premium/Discount to List
$10,000
4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$314,984
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2002
Sold by
Neto Maria
Bought by
Stemmer Robert and Approbato Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,746
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1999
Sold by
Nj Affordable Homes Corp
Bought by
Neto Maria and Stemmer Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,816
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Ochoa Juan C $179,500 Bc Law Firm Pa
Ochoa Juan C -- None Available
Ochoa Juan C $215,000 Empire Title Agency Llc
Stemmer Robert $7,500 --
Neto Maria $159,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Juan C $328,302
Previous Owner Ochoa Juan C $315,635
Previous Owner Ochoa Juan C $314,984
Previous Owner Stemmer Robert $202,746
Previous Owner Neto Maria $159,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $215,000 +4.9% $105 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
05/09/2016 05/09/16 For Sale $205,000 -- $100 / 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 $9,893 $133,600 $59,000 $74,600
2024 $9,582 $133,600 $59,000 $74,600
2023 $9,582 $133,600 $59,000 $74,600
2022 $9,381 $133,600 $59,000 $74,600
2021 $9,287 $133,600 $59,000 $74,600
2020 $9,252 $133,600 $59,000 $74,600
2019 $8,061 $117,900 $59,000 $58,900
2018 $7,891 $117,900 $59,000 $58,900
2017 $9,812 $150,300 $59,000 $91,300
2016 $9,603 $150,300 $59,000 $91,300
2015 $9,494 $150,300 $59,000 $91,300
2014 $9,325 $150,300 $59,000 $91,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JENNIFER SMOLAR

    KELLER WILLIAMS REALTY

  • C

    Buyer's Agent in 2017

    CLAUDIA MOLINA

    PRO REALTY LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3305190

Garden State MLS

APN: 13-00214-0000-00019

New Jersey Union County Rahway 07065

502 Harrison St, Rahway, NJ

Not Listed for Sale

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