NOT LISTED FOR SALE

56 Richmond Terrace Rahway, NJ 07065

Estimated Value: $530,769 - $562,000

3 Beds
1 Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $440,000

Est. 24% increase in value since last sale

Current estimated payment $3,820/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Workshop
  • Wood Flooring
  • Home Office
  • Separate Outdoor Workshop

About This Home

As of January 2023

Absolutely stunning corner Milton Lake colonial with large private fenced in backyard with brick BBQ. This property features updated eat in kitchen with granite countertops & tile backsplash, all new appliances, updated main bath, plumbing, electric, central A/C, hardwood flooring and large shed with electric this parklike backyard is perfect for outdoor events, large 3 season porch & partially finished basement with office. All kitchen appliances including washer/dryer included in sale-this is a must see home with tons of upgrades. Owner can close quickly!!

Last Agent to Sell the Property

Edward Kefalas

CENTURY 21 ALLIANCE REALTY Brokerage Phone: 732-277-0347 Listed on: 11/04/2022

CENTURY 21 ALLIANCE REALTY

Last Buyer's Agent

SHARI C. LITTMAN

CENTURY 21 JRS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Home Office
  • Workshop
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00042-0000-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,460

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2018
  • Street Number Display: 56
  • Directions: St Georges to Inman Ave to Richmond Terr
  • I D: 5189020
  • Modified: 2024-01-14
  • Number Images: 32
  • Section Subdiv Development: Milton Lake
  • First Name: EDWARD
  • First Name3: SHARI C.
  • Last Name: KEFALAS
  • Last Name3: LITTMAN
  • Office Phone: 908-587-5222
  • Office Phone3: 732-396-0606
  • Attribution Contact: 732-277-0347
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Office, Toilet, Utility Room, Workshop
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x11
  • Kitchen Level: First
  • Living Room Dim: 19x15
  • Living Room Level: First
  • Other Room 1: Screened Patio/Porch
  • Other Room1 Dim: 12x12
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 8x8
  • Other Room2 Level: Basement
  • Level 1 Rooms: Bath Main, Kitchen, Living Room, Screened
  • Level 2 Rooms: 3 Bedrooms
  • Phone: 732-750-4663

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Patio, Privacy Fence, Sidewalk, Storage Shed, Storm Door(s), Storm Window(s), Wood Fence, Workshop
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 93X101
  • Assessed Improvement Value: 76000
  • Assessed Land Value: 63700
  • Assessment: 139700
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9460
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00042-0000-00008-0000-
  • 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
Nov 4, 2022
Closed on
Jan 13, 2023
Sold by
Hewitt Joseph D and Hewitt Hope
Bought by
Charne Matthew G and Chack Emily C
Seller's Agent
Edward Kefalas
CENTURY 21 ALLIANCE REALTY
Buyer's Agent
SHARI C. LITTMAN
CENTURY 21 JRS REALTY
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Views
21
Current Estimated Value
$547,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,692
Avg. Annual Appreciation
8.66%
Original Mortgage
$352,000
Outstanding Balance
$341,302
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$205,154

Purchase Details

Closed on
Aug 1, 2022
Sold by
Steven Labruto
Bought by
Hewitt Joseph D and Hewitt Hope

Purchase Details

Closed on
Aug 20, 1982
Bought by
Podworny William T
Source: Public Records

Range of Values:

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Average Value
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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
Charne Matthew G $440,000 Stewart Title
Charne Matthew G $440,000 Stewart Title
Hewitt Joseph D -- Kozlowski Christopher A
Podworny William T $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charne Matthew G $352,000
Closed Charne Matthew G $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $440,000 +2.6% --
11/18/2022 11/18/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $429,000 -- --
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 $10,019 $158,400 $63,700 $94,700
2023 $10,019 $139,700 $63,700 $76,000
2022 $9,810 $139,700 $63,700 $76,000
2021 $9,711 $139,700 $63,700 $76,000
2020 $9,674 $139,700 $63,700 $76,000
2019 $9,551 $139,700 $63,700 $76,000
2018 $9,350 $139,700 $63,700 $76,000
2017 $9,120 $139,700 $63,700 $76,000
2016 $8,925 $139,700 $63,700 $76,000
2015 $8,575 $139,700 $63,700 $76,000
2014 $8,417 $139,700 $63,700 $76,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Edward Kefalas

    CENTURY 21 ALLIANCE REALTY

    (732) 396-9399

    7 in this area

    46 Total Sales

    Edward Kefalas
    Section Image

  • S

    Buyer's Agent in 2023

    SHARI C. LITTMAN

    CENTURY 21 JRS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3816435

Garden State MLS

APN: 13-00042-0000-00008

New Jersey Union County Rahway 07065

56 Richmond Terrace, Rahway, NJ

This home is located at 56 Richmond Terrace, Rahway, NJ 07065 since 04 November 2022 and is currently estimated at $547,692. This property was built in 1947. 56 Richmond Terrace is a home located in Union County with nearby schools including Rahway High School and St John Vianney Elementary School.

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