NOT LISTED FOR SALE

54 W Cherry St Unit 201 Rahway, NJ 07065

Estimated Value: $289,000 - $391,000

2 Beds
2 Baths
1,050 Sq Ft
$385/mo HOA Fee

Last Sold December 15, 2022

Last sale price $315,227 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,993/month

15 Days on Market

Highlights

  • High Ceiling
  • 1-minute walk to Rahway
  • Entrance Foyer
  • Elevator
  • Breakfast Bar
  • En-Suite Primary Bedroom

About This Home

As of December 2022

Spacious corner unit condo with two bedrooms conveniently located in the heart of downtown Rahway and across from NYC trains. This move-in ready condo has two full bathrooms, high loft-like ceiling, large living/dining room, laundry area inside the unit, and lots of storage space. The unit features three large closets in the primary bedroom, an on-suite primary bathroom, additional closets in the second bedroom and hallways, and fully renovated kitchen and bathrooms. Located on the 2nd floor of a historic, fully-renovated building with elevator service, it also comes with an assigned parking space as well as visitor parking, and additional basement storage. An intercom system allows screening and unlocking the building's main door remotely from a phone. Great location within walking distance to downtown Rahway restaurants, the Hamilton, and other venues at the Union County Performing Arts Center, and much more. It's perfect for commuters. Just move right in.

Last Agent to Sell the Property

CHI TIN

KELLER WILLIAMS REALTY Brokerage Phone: 732-860-8882 Listed on: 10/19/2022

KELLER WILLIAMS REALTY

Last Buyer's Agent

Susan Maryanski

KELLER WILLIAMS CITY LIFE REALTY

KELLER WILLIAMS CITY LIFE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 610

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family or Dining Combination
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Parking Lot
  • Assigned Parking

Schools

  • Rahway High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Underground Utilities
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00148-0000-00025-0000-C0201
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection, water fees
  • $385 Other One-Time Fees

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,810

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1986
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2019
  • Street Number Display: 54
  • Directions: St. George Ave to W Milton, Left on Campbell, Left into Parking Lot
  • I D: 5185396
  • Modified: 2023-12-16
  • Number Images: 19
  • First Name: CHI
  • First Name3: SUSAN
  • Last Name: TIN
  • Last Name3: MARYANSKI
  • Office Phone: 908-233-8502
  • Office Phone3: 201-232-7763
  • Attribution Contact: 732-860-8882
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2019

Interior Features

  • Flooring: Laminate, Tile
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Stackable Washer/Dryer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, High Ceilings, Smoke Detector, StallTub
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar, Galley Type
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Foyer, Kitchen, LivDinRm
  • Estimated Sq Ft: 1050
  • Phone: 908-233-8502

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Sidewalk
  • Roof Description: Asphalt Shingle, Flat

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned, Common, Parking Lot-Exclusive, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Electric
  • Heating: 1 Unit, Auxiliary Electric Heat, Forced Hot Air, Heat Pump
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Elevator, Storage
  • Association Maintenance Fee: 385
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 385

Schools

  • High School: Rahway HS
  • High School: Rahway HS

Lot Info

  • Lot Size: 20X30
  • Assessed Improvement Value: 39200
  • Assessed Land Value: 30000
  • Assessment: 69200
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 770
  • Pets Allowed: CatsOK, DogsOK, SizLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4810
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00148-0000-00025-0000-C0201
  • 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
Oct 19, 2022
Closed on
Dec 9, 2022
Sold by
Harpula Jonathan and Harpula Maida
Bought by
Willett Simon Elder Russel and Valencia Sara Elena
Seller's Agent
CHI TIN
KELLER WILLIAMS REALTY
Buyer's Agent
Susan Maryanski
KELLER WILLIAMS CITY LIFE REALTY
List Price
$299,000
Sold Price
$315,227
Premium/Discount to List
$16,227
5.43%
Views
134
Current Estimated Value
$363,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,836
Avg. Annual Appreciation
5.10%
Original Mortgage
$283,704
Outstanding Balance
$274,177
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$88,886

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 27, 2017
Sold by
Catorell George and Marx Walter H
Bought by
Harpula Jonathan
Seller's Agent
LINDA FREEMAN
STRIKER REALTY
Buyer's Agent
LINDA FREEMAN
STRIKER REALTY
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$123,200
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 1988
Bought by
Catorell George%Walter H Marx
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Willett Simon Elder Russel $315,227 Elite Title Group
Willett Simon Elder Russel $315,227 Elite Title Group
Harpula Jonathan $160,000 Simplicity Title Llc
Catorell George%Walter H Marx $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willett Simon Elder Russel $283,704
Closed Willett Simon Elder Russel $283,704
Previous Owner Harpula Jonathan $123,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $315,227 +5.4% $300 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $299,000 +86.9% $285 / Sq Ft
03/31/2017 03/31/17 Sold $160,000 -3.0% $200 / Sq Ft View Prior Sale
03/20/2017 03/20/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $165,000 -- $206 / 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 $8,168 $110,300 $30,000 $80,300
2024 $4,963 $110,300 $30,000 $80,300
2023 $4,963 $69,200 $30,000 $39,200
2022 $4,859 $69,200 $30,000 $39,200
2021 $4,810 $69,200 $30,000 $39,200
2020 $4,792 $69,200 $30,000 $39,200
2019 $4,731 $69,200 $30,000 $39,200
2018 $4,632 $69,200 $30,000 $39,200
2017 $4,517 $69,200 $30,000 $39,200
2016 $3,921 $69,200 $30,000 $39,200
2015 $3,871 $69,200 $30,000 $39,200
2014 $3,793 $69,200 $30,000 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3813444

Garden State MLS

APN: 13-00148-0000-00025-0000-C0201