NOT LISTED FOR SALE

640 Madison Ave Rahway, NJ 07065

Downtown Elizabeth Neighborhood

Estimated Value: $855,687 - $1,043,000

-- Bed
-- Bath
3,202 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 640 Madison Ave, Rahway, NJ 07065 and is currently estimated at $965,422, approximately $301 per square foot. 640 Madison Ave is a home with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2007
Sold by
Luis Guzman
Bought by
Desousa Joaquin and Desousa Lissette
Current Estimated Value
$965,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.16%

Purchase Details

Closed on
May 9, 2005
Sold by
Martinez Marco A
Bought by
Guzman & Marquez Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
5.78%

Purchase Details

Closed on
Apr 20, 1995
Sold by
Aresta Joaquim and Aresta Aldina
Bought by
Martinez Marco A and Martinez Elizabeth D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Desousa Joaquin $610,000 --
Guzman & Marquez Llc $470,000 --
Martinez Marco A $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amorim Jorge $457,000
Closed Desousa Joaquin $488,000
Previous Owner Amorim Jorge M $94,300
Previous Owner Amorm Jorge M $503,200
Previous Owner Guzman & Marquez Llc $537,000
Source: Public Records

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 $19,235 $784,000 $210,000 $574,000
2023 $19,235 $61,200 $17,400 $43,800
2022 $18,714 $61,200 $17,400 $43,800
2021 $18,328 $61,200 $17,400 $43,800
2020 $17,914 $61,200 $17,400 $43,800
2019 $17,640 $61,200 $17,400 $43,800
2018 $17,468 $61,200 $17,400 $43,800
2017 $16,981 $61,200 $17,400 $43,800
2016 $16,982 $61,200 $17,400 $43,800
2015 $15,973 $61,200 $17,400 $43,800
2014 $15,493 $61,200 $17,400 $43,800
Source: Public Records

Map

New Jersey Union County Rahway 07065 Downtown Elizabeth

640 Madison Ave, Rahway, NJ

This home is located at 640 Madison Ave, Rahway, NJ 07065 and is currently estimated at $965,422, approximately $301 per square foot. 640 Madison Ave is a home with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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