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1320 Rahway Road

1320 Rahway Road, Scotch Plains, NJ 07076
Property in Union
Sold Jun 14, 2021
$845,000
$676,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jul 01, 2051
Sold Jun 30, 2011
$17,500
Local assessors in Scotch Plains, NJ have categorized 1320 Rahway Road as a residential type of property. The home was built in 1935 and is 89 years old. The property's lot size has been calculated to be 52,272 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1320 Rahway Road has a total of 2,536 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1320 Rahway Road was last sold in Jun 8, 2021 for $845,000. According to our calculations, that's $333.20 per sqft. Prior to that sales transaction, the property was sold for $17,500 in Jun 21, 2011. Current property owners are expected to pay $21,460 in taxes per year. The property on 1320 Rahway Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $187,900. To break that down further, the land itself was valued at $69,100. While improvements to the property were assessed at a total of $118,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 2,536
  • Building Area: 2,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GERBER MARINA
  • Previous Owner : FRESHWATER MARK
  • Previous Owner 2: FRESHWATER TARA
  • Owner Before Previous Owner: FRESHWATER MARK
  • Owner Before Previous Owner 2: FRESHWATER TARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scotch Plains-Fanwood Regional School District
  • Census Tract: 038602

Zoning

  • Zoning: R-1

Geography

  • Account Number: 711400
  • District: 16
  • Parcel: 16 15701-0000-00013
  • Block: 15701
  • Lot: 13
  • Municipality: SCOTCH PLAINS TWP
  • Latitude: 40.6123
  • Longitude: -74.3891

    Address

  • Full Address: 1320 Rahway Rd
  • Address - House Number: 1320
  • Address - Street Name: Rahway
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Scotch Plains
  • Carrier Code: C015
  • 4-Digit Zip Code: 3417
  • Zip Code: 07076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,460

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,060,447
  • High Value: 1,271,945
  • Low Value: 848,950

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $676,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $676,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $187,900
  • Market Land Value: $69,100
  • Market Improvement Value: $118,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,900
  • Assessed Land Value: $69,100
  • Assessed Improvements Value: $118,800

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11840682823
  • Current Sale Price: $845,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5784
  • Previous Sale Recording Date: Jun 30, 2011
  • Previous Sale Contract Date: Jun 21, 2011
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $676,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 1320 Rahway Road located in?
The 1320 Rahway Road is a located in the neighborhood of Union in Union, Scotch Plains.
What is the average sales price for listings in 1320 Rahway Road?
The average sales price for units in 1320 Rahway Road is $0 currently.

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