$220,000
SOLD APR 7, 2023

550 E Milton Ave Rahway, NJ 07065

2 Beds
1 Bath
896 Sq Ft
2,483 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

2% Below List Price

11 Days on Market

About This Home

As of August 2023

This home is located at 550 E Milton Ave, Rahway, NJ 07065 and is currently priced at $220,000, approximately $245 per square foot. This property was built in 1950. 550 E Milton Ave is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

TINA CERNUDA

RE/MAX VILLA REALTORS Brokerage Phone: 201-868-3100 Listed on: 02/23/2023

Last Buyer's Agent

SHANTELL LUCAS

NEW AND MODERN GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,249

Year Built

  • Built in 1950

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,249

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 550
  • I D: 5205323
  • Modified: 2024-04-08
  • Number Images: 1
  • Attribution Contact: 201-868-3100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

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
$389,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,618
Avg. Annual Appreciation
6.14%
Original Mortgage
$9,500
Outstanding Balance
$9,293
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$380,325

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 Type Sale Price Title Company
Bargain Sale Deed $345,000 Old Republic National Title In
Quit Claim Deed $220,000 Sunnyside Title
Quit Claim Deed $220,000 Sunnyside Title
Quit Claim Deed -- Sunnyside Title
Quit Claim Deed -- Sunnyside Title
Sheriffs Deed $1,000 Ziegler Timothy
Sheriffs Deed $1,000 Ziegler Timothy
Deed $190,000 --
Deed $160,000 --
Deed $130,000 --
Deed $75,000 --
Deed -- --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,500 New Conventional
Open $327,750 New Conventional
Previous Owner $201,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $192,500 Unknown
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $147,600 Adjustable Rate Mortgage/ARM
Previous Owner $104,000 No Value Available
Previous Owner $71,250 No Value Available
Previous Owner $44,650 Balloon
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
2025 $8,249 $111,400 $31,300 $80,100
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

    SHANTELL LUCAS
    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: 3830161

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 and is currently priced at $220,000, approximately $245 per square foot. This property was built in 1950. 550 E Milton Ave is a home located in Union County with nearby schools including Rahway High School.

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