NOT LISTED FOR SALE

505 Union St Rahway, NJ 07065

Estimated Value: $422,000 - $542,000

3 Beds
2 Baths
1,337 Sq Ft
$378/Sq Ft Est. Value

Last Sold June 23, 2014

Last sale price $247,000 $185 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,700/month

About This Home

As of June 2014

This home is located at 505 Union St, Rahway, NJ 07065 since 23 June 2014 and is currently estimated at $505,458, approximately $378 per square foot. This property was built in 1920. 505 Union St is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

Last Agent to Sell the Property

MICHAL ZASOWSKI

EXP REALTY, LLC Brokerage Phone: 908-325-5300 Listed on: 06/23/2014

Last Buyer's Agent

Orlando Galindez

RE/MAX FIRST REALTY

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,346

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,346

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 505
  • I D: 4437322
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-325-5300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 40X132
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Velez Eduardo I
Bought by
Gomez Cesar O and Gomez Del Carmen
Current Estimated Value
$505,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$319,926
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$202,035

Purchase Details

Closed on
Oct 1, 2020
Sold by
Velez Eduardo I
Bought by
Velez Eduardo I and Andrade Katerine

Purchase Details

Listed on
Jun 23, 2014
Closed on
Jun 19, 2014
Sold by
Zuma Homes Llc
Bought by
Velez Eduardo L
Seller's Agent
MICHAL ZASOWSKI
EXP REALTY, LLC
Buyer's Agent
Orlando Galindez
RE/MAX FIRST REALTY
Sold Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$222,300
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2013
Closed on
Oct 11, 2013
Sold by
Shivers Brian C and Shivers Robin
Bought by
Zuma Homes Llc
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.47%
Original Mortgage
$137,500
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 25, 2007
Sold by
Guatier Carmen
Bought by
Shivers Brian C and Shivers Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2005
Sold by
Frison Shelley J
Bought by
Gautier Carmen

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
7.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Velez Eduardo I -- None Available
Velez Eduardo L $247,000 Agent For Westcor Land Title
Zuma Homes Llc $120,000 None Available
Shivers Brian C $305,000 None Available
Gautier Carmen $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Eduardo L $222,300
Previous Owner Zuma Homes Llc $137,500
Previous Owner Shivers Brian C $50,000
Previous Owner Shivers Brian C $215,000
Previous Owner Gautier Carmen $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2014 06/23/14 Sold $247,000 +105.8% $185 / Sq Ft
10/11/2013 10/11/13 Sold $120,000 -- $90 / 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 $11,346 $158,200 $49,500 $108,700
2023 $11,346 $158,200 $49,500 $108,700
2022 $9,185 $130,800 $49,500 $81,300
2021 $9,092 $130,800 $49,500 $81,300
2020 $9,058 $130,800 $49,500 $81,300
2019 $8,943 $130,800 $49,500 $81,300
2018 $8,754 $130,800 $49,500 $81,300
2017 $8,539 $130,800 $49,500 $81,300
2016 $8,357 $130,800 $49,500 $81,300
2015 $8,263 $130,800 $49,500 $81,300
2014 $8,115 $113,000 $49,500 $63,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    MICHAL ZASOWSKI

    EXP REALTY, LLC

  • Orlando Galindez

    Buyer's Agent in 2014

    Orlando Galindez

    RE/MAX

    (732) 485-7071

    37 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3131619

Garden State MLS

APN: 13-00214-0000-00005

New Jersey Union County Rahway 07065

505 Union St, Rahway, NJ

This home is located at 505 Union St, Rahway, NJ 07065 since 23 June 2014 and is currently estimated at $505,458, approximately $378 per square foot. This property was built in 1920. 505 Union St is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

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