NOT LISTED FOR SALE

571 W Lake Ave Rahway, NJ 07065

Estimated Value: $717,000 - $789,000

4 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $675,000

Est. 12% increase in value since last sale

Current estimated payment $5,348/month

5 Days on Market

About This Home

As of August 2023

This home is located at 571 W Lake Ave, Rahway, NJ 07065 since 23 June 2023 and is currently estimated at $754,668. 571 W Lake Ave is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

Elias Christodoulakis

PROMINENT PROPERTIES SIR Brokerage Phone: 908-233-5555 Listed on: 06/23/2023

PROMINENT PROPERTIES SIR

Last Buyer's Agent

RALPH SARMIENTO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,921

Lot Details

  • 4,356 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,921

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 571
  • I D: 5226031
  • Modified: 2024-09-01
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X200
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 31, 2023
Sold by
Jungreis Isaac
Bought by
571 West Lake Ave Llc
Seller's Agent
Elias Christodoulakis
PROMINENT PROPERTIES SIR
Buyer's Agent
RALPH SARMIENTO
COLDWELL BANKER REALTY
List Price
$499,900
Sold Price
$675,000
Premium/Discount to List
$175,100
35.03%
Views
3
Current Estimated Value
$754,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,668
Avg. Annual Appreciation
5.62%
Original Mortgage
$476,250
Outstanding Balance
$465,862
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$288,806

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 15, 2023
Sold by
Mcclain Syreeta and Mcclain Maurice
Bought by
Jungreis Isaac
Seller's Agent
Elias Christodoulakis
PROMINENT PROPERTIES SIR
Buyer's Agent
RALPH SARMIENTO
COLDWELL BANKER REALTY
List Price
$499,900
Sold Price
$675,000
Premium/Discount to List
$175,100
35.03%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$465,862
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$288,806

Purchase Details

Closed on
Apr 17, 2014
Sold by
Twins Home Llc
Bought by
Mcclain Syreeta and Mcclain Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2013
Sold by
Webster Bank Na
Bought by
Twins Home Limited Liability Company

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
4.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
571 West Lake Ave Llc -- None Listed On Document
571 West Lake Ave Llc -- None Listed On Document
Jungreis Isaac $675,000 New Jersey Land Title
Jungreis Isaac $675,000 New Jersey Land Title
Mcclain Syreeta $339,500 Agent For First American Tit
Twins Home Limited Liability Company $240,000 Old Republic National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 571 West Lake Ave Llc $476,250
Closed 571 West Lake Ave Llc $476,250
Previous Owner Mcclain Syreeta $339,500
Previous Owner Twins Home Limited Liability Company $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $675,000 +35.0% --
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $499,900 -- --
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 $15,921 $215,000 $62,800 $152,200
2024 $13,139 $215,000 $62,800 $152,200
2023 $13,139 $183,200 $62,800 $120,400
2022 $12,864 $183,200 $62,800 $120,400
2021 $12,734 $183,200 $62,800 $120,400
2020 $12,687 $183,200 $62,800 $120,400
2019 $12,525 $183,200 $62,800 $120,400
2018 $12,262 $183,200 $62,800 $120,400
2017 $11,959 $183,200 $62,800 $120,400
2016 $11,705 $183,200 $62,800 $120,400
2015 $11,573 $183,200 $62,800 $120,400
2014 $11,366 $183,200 $62,800 $120,400
Source: Public Records

Agents Affiliated with this Home

  • Elias Christodoulakis

    Seller's Agent in 2023

    Elias Christodoulakis

    PROMINENT PROPERTIES SIR

    (908) 906-1703

    6 in this area

    82 Total Sales

    Elias Christodoulakis
    Section Image

  • R

    Buyer's Agent in 2023

    RALPH SARMIENTO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3850953

Garden State MLS

APN: 13-00111-0000-00004-01

New Jersey Union County Rahway 07065

571 W Lake Ave, Rahway, NJ

This home is located at 571 W Lake Ave, Rahway, NJ 07065 since 23 June 2023 and is currently estimated at $754,668. 571 W Lake Ave is a home located in Union County with nearby schools including Rahway High School.

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