NOT LISTED FOR SALE

731 Nicholas Place Rahway, NJ 07065

Estimated Value: $486,454

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

Last Sold April 29, 2024

Last sale price $455,000

Est. 7% increase in value since last sale

Current estimated payment $3,346/month

12 Days on Market

About This Home

As of April 2024

This home is located at 731 Nicholas Place, Rahway, NJ 07065 since 29 February 2024 and is currently estimated at $486,454. 731 Nicholas Place is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

Last Agent to Sell the Property

Pedro Castro

MORE HOMES REALTY, LLC Brokerage Phone: 908-998-9797 Listed on: 02/29/2024

Last Buyer's Agent

ANA CHECO

NEXTHOME ROYAL LION REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 4,356 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 731
  • I D: 5272426
  • Modified: 2025-04-30
  • Number Images: 1
  • Attribution Contact: 908-998-9797
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 26, 2024
Sold by
Ponce Lola
Bought by
Ortiz Rafael and Ortiz Yenny
Seller's Agent
Pedro Castro
MORE HOMES REALTY, LLC
Buyer's Agent
ANA CHECO
NEXTHOME ROYAL LION REALTY
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Views
36
Current Estimated Value
$486,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,454
Avg. Annual Appreciation
4.82%
Original Mortgage
$446,758
Outstanding Balance
$440,482
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$45,972

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 20, 2022
Sold by
Ab Realty Llc
Bought by
Ponce Lola
Seller's Agent
Lorena Barbosa
DAVID REALTY GROUP LLC
Buyer's Agent
Pedro Castro
MORE HOMES REALTY, LLC
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$345,000
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Jan 24, 2022
Sold by
Linda Flanagan
Bought by
Ab Realty Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ortiz Rafael $455,000 Weiss Title Group
Ortiz Rafael $455,000 Weiss Title Group
Ponce Lola $345,000 Fidelity National Title
Ab Realty Llc -- Kahme Michael
Ab Realty Llc -- Kahme Michael
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Rafael $446,758
Closed Ortiz Rafael $446,758
Previous Owner Ponce Lola $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $455,000 +3.4% --
03/12/2024 03/12/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $440,000 +26.1% --
05/17/2022 05/17/22 Sold $349,000 0.0% --
03/18/2022 03/18/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $349,000 -- --
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
2025 -- $146,100 $61,500 $84,600
2024 -- $136,600 $61,500 $75,100
2023 $9,202 $136,600 $61,500 $75,100
2022 $9,452 $134,600 $61,500 $73,100
2021 $9,356 $134,600 $61,500 $73,100
2020 $9,321 $134,600 $61,500 $73,100
2019 $9,203 $134,600 $61,500 $73,100
2018 $9,009 $134,600 $61,500 $73,100
2017 $8,787 $134,600 $61,500 $73,100
2016 $8,600 $134,600 $61,500 $73,100
2015 $8,253 $134,600 $61,500 $73,100
2014 $8,101 $134,600 $61,500 $73,100
Source: Public Records

Agents Affiliated with this Home

  • Pedro Castro

    Seller's Agent in 2024

    Pedro Castro

    MORE HOMES REALTY, LLC

    (908) 294-0818

    3 in this area

    150 Total Sales

    Pedro Castro
    Section Image

  • A

    Buyer's Agent in 2024

    ANA CHECO

    NEXTHOME ROYAL LION REALTY

  • Lorena Barbosa

    Seller's Agent in 2022

    Lorena Barbosa

    DAVID REALTY GROUP LLC

    (201) 638-6528

    3 in this area

    82 Total Sales

    Lorena Barbosa
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3888292

Garden State MLS

APN: 13-00139-0000-00002

New Jersey Union County Rahway 07065

731 Nicholas Place, Rahway, NJ

This home is located at 731 Nicholas Place, Rahway, NJ 07065 since 29 February 2024 and is currently estimated at $486,454. 731 Nicholas Place is a home located in Union County with nearby schools including Rahway High School and Mother Seton Regional High School.

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