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306 Cornell Avenue

306 Cornell Avenue, Rahway, NJ 07065
Property in Union
Sold Mar 23, 2020
$400,000
$380,000 by Crosscountry Mortgage Llc
Mortgage Due Apr 01, 2050
Sold Jan 11, 2005
$255,000
$242,250 by Indymac Bank Fsb
Mortgage Due Jan 01, 2035
306 Cornell Avenue 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 1947 and is 77 years old. In addition, 306 Cornell Avenue has 1,382 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 1,050 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,299 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. 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. The property was last sold in Mar 19, 2020 for $400,000. That's $289.44 per sqft. Prior to that sales transaction, the property was also sold in Dec 30, 2004 for $255,000. 306 Cornell Avenue was last assessed in 2023. The total value of the property was assessed at $163,600. Specifically, the land the property is located on was valued at $65,600. While improvements on the property were assessed at a total of $98,000. 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 $11,733. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,299
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FELICIANO CARLOS
  • Current Owner 2: FELICIANO IRIS PAIGE
  • Previous Owner : WALSH WILLIAM J
  • Previous Owner 2: WALSH ANGELA
  • Owner Before Previous Owner: COOKE DOREEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035600

Geography

  • Account Number: 05637000
  • District: 13
  • Parcel: 13 00035-0000-00001
  • Block: 35
  • Lot: 1
  • Municipality: RAHWAY CITY
  • Latitude: 40.6019
  • Longitude: -74.2997

    Address

  • Full Address: 306 Cornell Ave
  • Address - House Number: 306
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C024
  • 4-Digit Zip Code: 2232
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,733

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 522,633
  • High Value: 634,330
  • Low Value: 410,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $163,600
  • Market Land Value: $65,600
  • Market Improvement Value: $98,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,600
  • Assessed Land Value: $65,600
  • Assessed Improvements Value: $98,000

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Transaction ID: 11753408741
  • Current Sale Price: $400,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 323320
  • Previous Sale Recording Date: Jan 11, 2005
  • Previous Sale Contract Date: Dec 30, 2004
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 23, 2020
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Jan 11, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $242,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Rahway



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Frequently Asked Questions

What neighborhood is 306 Cornell Avenue located in?
The 306 Cornell Avenue is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 306 Cornell Avenue?
The average sales price for units in 306 Cornell Avenue is $0 currently.

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