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116 Jones Place

116 Jones Place, Rahway, NJ 07065
Property in Union
Sold Sep 03, 2021
$315,000
$309,294 by Newrez Llc
Mortgage Due Sep 01, 2051
Sold Jul 30, 1987
Transfer
116 Jones Place in Rahway, NJ was first built in 1928 and is 96 years old. This has been categorized as a residential property type. It is a single story home. 116 Jones Place has 822 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 850. In total, the area measurement of the land is 3,402 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Aug 3, 2021 for $315,000. That's $383.21 per sqft. 116 Jones Place was last assessed in 2023. The total value of the property was assessed at $86,300. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $41,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,936. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,402
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 400
  • Total Building Area: 822
  • Building Area: 822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 204,10,11

Ownership

  • Current Owner : GONZALEZ MANUEL GOMEZ
  • Previous Owner : MULLIGAN MARK W
  • Previous Owner 2: MULLIGAN JANET K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Linden City School District
  • Census Tract: 035900

Geography

  • Assessors Map Reference: TAX MAP 57
  • District: 09
  • Parcel: 09 00428-0000-00012
  • Block: 428
  • Lot: 12
  • Municipality: LINDEN CITY
  • Latitude: 40.6181
  • Longitude: -74.2667

    Address

  • Full Address: 116 Jones Pl
  • Address - House Number: 116
  • Address - Street Name: Jones
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Rahway
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,936

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 446,353
  • High Value: 555,506
  • Low Value: 337,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,294
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Loan Amount: $309,294
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $86,300
  • Market Land Value: $45,000
  • Market Improvement Value: $41,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,300
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $41,300

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Transaction ID: 11854997583
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8897
  • Previous Sale Recording Date: Jul 30, 1987
  • Previous Sale Contract Date: Jul 30, 1987
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Sep 03, 2021
  • First Mortgage Loan Amount: $309,294
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 116 Jones Place located in?
The 116 Jones Place is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 116 Jones Place?
The average sales price for units in 116 Jones Place is $0 currently.

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