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254 Walters Street

254 Walters Street, Rahway, NJ 07065
Property in Union
Sold Feb 08, 2010
$305,000
$222,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2042
Sold Jul 07, 2006
$270,000
$216,000 by Home123 Corp
Mortgage Due Jul 01, 2036
254 Walters Street has been categorized by the local assessors in Rahway, NJ as a residential type of property. The building on the property was first built in 1925 and is 99 years old. In addition, 254 Walters Street has 1,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 254 Walters Street sold most recently in Feb 4, 2010 for a total of $305,000. If you work out the math, that's approximately a cost of $217.86 per sqft. Before that, the property was also sold for $270,000 in Jun 26, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,532 in taxes each year. 254 Walters Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $132,900. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $77,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAMOS ABEL AUGUST
  • Current Owner 2: RAMOS MARY
  • Previous Owner : WEATHERS JEFFREY
  • Owner Before Previous Owner: FRIEDMAN HYMAN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035800

Geography

  • Account Number: 05407000
  • District: 13
  • Parcel: 13 00072-0000-00014
  • Block: 72
  • Lot: 14
  • Municipality: RAHWAY CITY
  • Latitude: 40.6014
  • Longitude: -74.2885

    Address

  • Full Address: 254 Walters St
  • Address - House Number: 254
  • Address - Street Name: Walters
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C012
  • 4-Digit Zip Code: 3030
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,532

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 490,068
  • High Value: 594,805
  • Low Value: 385,331

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 13, 2012
  • First Open Lien Mortgage Loan Amount: $222,000
  • 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: Jun 01, 2042
  • Second Open Lien Mortgage Lender: AFFINITY FCU
  • Second Open Lien Mortgage Recording Date: Jul 20, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 20, 2047

    Market Valuation

  • Market Total Value: $132,900
  • Market Land Value: $55,000
  • Market Improvement Value: $77,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,900
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $77,900

    Sales

  • Current Sale Contract Date: Feb 04, 2010
  • Current Sale Recording Date: Feb 08, 2010
  • Current Sale Transaction ID: 1120878637
  • Current Sale Price: $305,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 212454
  • Previous Sale Recording Date: Jul 07, 2006
  • Previous Sale Contract Date: Jun 26, 2006
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Feb 08, 2010
  • First Mortgage Loan Amount: $228,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: HOME123 CORP
  • Previous Mortgage Transaction Date: Jul 07, 2006
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2036

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Frequently Asked Questions

What neighborhood is 254 Walters Street located in?
The 254 Walters Street is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 254 Walters Street?
The average sales price for units in 254 Walters Street is $0 currently.

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