NOT LISTED FOR SALE

550 E Milton Ave Rahway, NJ 07065

Estimated Value: $345,000 - $433,000

2 Beds
1 Bath
896 Sq Ft
$429/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $345,000 $385 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,559/month

56 Days on Market

About This Home

As of August 2023

This home is located at 550 E Milton Ave, Rahway, NJ 07065 since 09 June 2023 and is currently estimated at $384,156, approximately $428 per square foot. 550 E Milton Ave is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

SHANTELL LUCAS

NEW AND MODERN GROUP Brokerage Phone: 9733272758 Listed on: 06/09/2023

Last Buyer's Agent

KHARIQUE BELL

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,551

Lot Details

  • 4,356 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,551

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 550
  • I D: 5225729
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 9733272758
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 16, 2023
Sold by
Sold By Shantell Llc
Bought by
Dinisoae Victor
Seller's Agent
SHANTELL LUCAS
NEW AND MODERN GROUP
Buyer's Agent
KHARIQUE BELL
RE/MAX FIRST REALTY II
List Price
$369,900
Sold Price
$345,000
Premium/Discount to List
-$24,900
-6.73%
Views
35
Current Estimated Value
$379,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,446
Avg. Annual Appreciation
4.85%
Original Mortgage
$9,500
Outstanding Balance
$9,338
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$368,695

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 4, 2023
Sold by
Radian Guaranty Inc
Bought by
Sold By Shantell Llc
Seller's Agent
TINA CERNUDA
RE/MAX VILLA REALTORS
Buyer's Agent
SHANTELL LUCAS
NEW AND MODERN GROUP
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.97%
Original Mortgage
$201,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2023
Sold by
Residential Credit Opportunities Trust
Bought by
Radian Guaranty Inc

Purchase Details

Closed on
May 31, 2022
Sold by
Sheriff Of The County Of Union
Bought by
Residential Credit Opportunities Trust

Purchase Details

Closed on
Sep 4, 2006
Sold by
Eddings Michael D
Bought by
Brown Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Bustami Raed
Bought by
Eddings Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
7.32%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2004
Sold by
Truitt Robin
Bought by
Bustami Raed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.32%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Kone Marcia and Kone Siaka
Bought by
Truitt Robin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.11%

Purchase Details

Closed on
Aug 11, 1997
Sold by
Froehlich Ralph
Bought by
Kone Marcia and Kone Siaka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
6.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 1995
Sold by
Oliver Marlene
Bought by
Missouri Cynthia
Source: Public Records

Range of Values:

Collateral Analytics

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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
Dinisoae Victor $345,000 Old Republic National Title In
Sold By Shantell Llc $220,000 Sunnyside Title
Radian Guaranty Inc -- Sunnyside Title
Residential Credit Opportunities Trust $1,000 Ziegler Timothy
Brown Virginia $190,000 --
Eddings Michael D $160,000 --
Bustami Raed $130,000 --
Truitt Robin R $75,000 --
Kone Marcia -- --
Missouri Cynthia $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinisoae Victor $9,500
Open Dinisoae Victor $327,750
Previous Owner Sold By Shantell Llc $201,000
Previous Owner Brown Virginia $20,000
Previous Owner Brown Virginia $192,500
Previous Owner Brown Virginia $180,000
Previous Owner Eddings Michael D $147,600
Previous Owner Bustami Raed $104,000
Previous Owner Truitt Robin R $71,250
Previous Owner Kone Marcia $44,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $345,000 -6.7% $385 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $369,900 +68.1% $413 / Sq Ft
04/07/2023 04/07/23 Sold $220,000 -2.2% $246 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $224,900 -- $251 / 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 $5,551 $111,400 $31,300 $80,100
2023 $5,551 $77,400 $31,300 $46,100
2022 $5,435 $77,400 $31,300 $46,100
2021 $5,380 $77,400 $31,300 $46,100
2020 $5,360 $77,400 $31,300 $46,100
2019 $5,292 $77,400 $31,300 $46,100
2018 $5,180 $77,400 $31,300 $46,100
2017 $5,053 $77,400 $31,300 $46,100
2016 $4,945 $77,400 $31,300 $46,100
2015 $4,889 $77,400 $31,300 $46,100
2014 $4,802 $77,400 $31,300 $46,100
Source: Public Records

Agents Affiliated with this Home

  • SHANTELL LUCAS

    Seller's Agent in 2023

    SHANTELL LUCAS

    NEW AND MODERN GROUP

    (973) 474-0238

    2 in this area

    25 Total Sales

    Section Image

  • T

    Seller's Agent in 2023

    TINA CERNUDA

    RE/MAX

  • K

    Buyer's Agent in 2023

    KHARIQUE BELL

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3848608

Garden State MLS

APN: 13-00368-0000-00006

New Jersey Union County Rahway 07065

550 E Milton Ave, Rahway, NJ

This home is located at 550 E Milton Ave, Rahway, NJ 07065 since 09 June 2023 and is currently estimated at $384,156, approximately $428 per square foot. 550 E Milton Ave is a home located in Union County with nearby schools including Rahway High School.

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