NOT LISTED FOR SALE

639 Cora Place Rahway, NJ 07065

Estimated Value: $459,000 - $562,000

-- Bed
-- Bath
1,601 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $385,000 $240 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,365/month

1,103 Days on Market

Highlights

  • Deck
  • Workshop
  • Porch
  • Private Yard
  • Cul-De-Sac
  • Air Conditioning

About This Home

As of July 2023

Col-de-sec location! Investors welcome. Good 100% updated two family house. # 1 unit offers one bedroom, one full bath , hardwood floor, all updated kitchen and bathroom, #2 offers two level unit, 2 bed 2 full bath, walk out deck, wood/tile floors, this property offers two separate electric boxes, two water heaters , two furnaces, new 2 car asphalt driveway, all plumbing inside is replaced .New washer/Dryer , one separate room with a full bathroom located in a basement aria can be used for entertainment or office space. No Real-estate signs on a property. Tenant occupied

Last Agent to Sell the Property

John Jaramillo

WEICHERT CO REALTORS Listed on: 07/02/2020

WEICHERT CO REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,901

Year Built

  • Built in 1942

Lot Details

  • 2,265 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,601 Sq Ft Home
  • 3-Story Property
  • Blinds

Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom
  • Laundry in Basement

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Air Conditioning
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric gas), unit 2 owner pays(electric gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,901

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.052
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1942
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas)
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • Has Basement: Finished, Bath Full, Exterior Entry, Recreation Room, Tenant Use, Workshop, Laundry Facilities
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 3(Laundry Hookup,1 Bath,Den/Family Room)
  • Living Area: 1601
  • Stories: 3
  • Window Features: Blinds

Exterior Features

  • Lot Features: Cul-De-Sac
  • Direction Faces: East
  • Exterior Features: Deck, Storage Shed, Yard, Blinds, Porch, Storage Area-Private
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 1-2 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),A/C Central - Some,A/C Window Unit(s), Unit 2(A/C Unit)
  • Heating: Zoned, Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2265

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 5901
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 19, 2020
Sold by
Poderis Zita and Poderis Mindaugas
Bought by
Bemus Joan Marie
Seller's Agent
John Jaramillo
WEICHERT REALTORS
Buyer's Agent
TAMER MASOUD
REALTY ONE GROUP LEGEND
List Price
$359,000
Sold Price
$385,000
Premium/Discount to List
$26,000
7.24%
Current Estimated Value
$510,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,748
Avg. Annual Appreciation
5.55%
Original Mortgage
$352,563
Outstanding Balance
$312,165
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$198,583

Purchase Details

Closed on
Jun 30, 2017
Sold by
Poderis Zita and Waisempacher Zita
Bought by
Poderis Zita and Poderis Mindaugas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2007
Sold by
Narauskas Rytis
Bought by
Waisempacher Zita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2002
Sold by
Weinberger Harry
Bought by
Sestokas Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,100
Interest Rate
6.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bemus Joan Marie $385,000 Chicago Title Insurance Co
Poderis Zita -- None Available
Waisempacher Zita $270,000 --
Sestokas Victor $111,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bemus Joan Marie $352,563
Previous Owner Poderis Zita $185,000
Previous Owner Waisempacher Zita $216,000
Previous Owner Sestokas Victor $99,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $385,000 +7.2% $240 / Sq Ft
07/02/2020 07/02/20 For Sale $359,000 -- $224 / Sq Ft
Source: All Jersey 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 $8,108 $109,500 $30,000 $79,500
2024 $7,853 $109,500 $30,000 $79,500
2023 $7,853 $109,500 $30,000 $79,500
2022 $7,689 $109,500 $30,000 $79,500
2021 $7,611 $109,500 $30,000 $79,500
2020 $6,122 $88,400 $30,000 $58,400
2019 $6,044 $88,400 $30,000 $58,400
2018 $5,917 $88,400 $30,000 $58,400
2017 $5,771 $88,400 $30,000 $58,400
2016 $5,648 $88,400 $30,000 $58,400
2015 $5,584 $74,200 $30,000 $44,200
2014 $4,603 $74,200 $30,000 $44,200
Source: Public Records

Agents Affiliated with this Home

  • John Jaramillo

    Seller's Agent in 2023

    John Jaramillo

    WEICHERT CO REALTORS

    (908) 468-9363

    1 in this area

    22 Total Sales

    John Jaramillo
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Map

Source: All Jersey MLS

MLS Number: 2019218

All Jersey MLS

APN: 13-00258-0000-00045

New Jersey Union County Rahway 07036

639 Cora Place, Rahway, NJ

Not Listed for Sale

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