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348 Raleigh Road

348 Raleigh Road, Rahway, NJ 07065
Property in Union
Sold Apr 09, 2019
$210,000
$206,196 by M & T Bank
Mortgage Due May 01, 2049
Sold Jul 14, 2008
$222,500
$192,500 by Bank Of America Na
Mortgage Due Jul 01, 2038
348 Raleigh Road in Rahway, NJ was first built in 1943 and is 81 years old. This has been categorized as a residential property type. 348 Raleigh Road has 944 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 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 7, 2019 for $210,000. That's $222.46 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 2008 for $222,500. 348 Raleigh Road was last assessed in 2023. The total value of the property was assessed at $87,900. Specifically, the land the property is located on was valued at $51,500. While improvements on the property were assessed at a total of $36,400. 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 $6,304. 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: 1943
  • Effective Year Built: 1943
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUTH VERONICA
  • Previous Owner : GIDDES JACLYN
  • Previous Owner 2: GIDDES THOMAS
  • Owner Before Previous Owner: KORNER THOMAS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035500

Geography

  • Account Number: 01539000
  • District: 13
  • Parcel: 13 00261-0000-00045
  • Block: 261
  • Lot: 45
  • Municipality: RAHWAY CITY
  • Latitude: 40.6193
  • Longitude: -74.2708

    Address

  • Full Address: 348 Raleigh Rd
  • Address - House Number: 348
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C009
  • 4-Digit Zip Code: 3713
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,304

    Appraisal Valuation

  • Standard Deviation: 0.2445
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 398,703
  • High Value: 496,203
  • Low Value: 301,203

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $216,196
  • First Open Lien Mortgage Lender: M & T BANK
  • First Open Lien Mortgage Recording Date: Apr 09, 2019
  • First Open Lien Mortgage Loan Amount: $206,196
  • 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: May 01, 2049
  • Second Open Lien Mortgage Lender: NEW JERSEY HOUSING & MORTGAGE
  • Second Open Lien Mortgage Recording Date: Apr 09, 2019
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $87,900
  • Market Land Value: $51,500
  • Market Improvement Value: $36,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,900
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $36,400

    Sales

  • Current Sale Contract Date: Mar 07, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Transaction ID: 11597988526
  • Current Sale Price: $210,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 311517
  • Previous Sale Recording Date: Jul 14, 2008
  • Previous Sale Contract Date: Jun 30, 2008
  • Previous Sale Amount: $222,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: M & T BANK
  • First Mortgage Transaction Date: Apr 09, 2019
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049
  • Second Mortgage Lender: NEW JERSEY HOUSING & MORTGAGE
  • Second Mortgage Transaction Date: Apr 09, 2019
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 60
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Apr 05, 2024

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 14, 2008
  • Previous Mortgage Loan Amount: $192,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2038

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Frequently Asked Questions

What neighborhood is 348 Raleigh Road located in?
The 348 Raleigh Road is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 348 Raleigh Road?
The average sales price for units in 348 Raleigh Road is $0 currently.

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