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468 Hamilton Street

468 Hamilton Street, Rahway, NJ 07065
Property in Union
Sold Nov 17, 1999
$103,500
$15,104 by Secretary Housing Urban Develo
Mortgage Due Sep 01, 2043
Sold Mar 09, 1994
$15,000
$83,000 by Jersey Mtg
Mortgage
468 Hamilton 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 1910 and is 114 years old. In addition, 468 Hamilton Street has 1,540 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 1,230 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,075 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, 468 Hamilton Street sold most recently in Nov 12, 1999 for a total of $103,500. If you work out the math, that's approximately a cost of $67.21 per sqft. Before that, the property was also sold for $15,000 in Jan 10, 1994. 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 $7,803 in taxes each year. 468 Hamilton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $108,800. If we break it down further, the land itself was valued at $43,100. Improvements to the property, however, were assessed at a total of $65,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,075
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OTERO JOSE
  • Current Owner 2: OTERO GLORIA
  • Previous Owner : SZOSTAK CHRIS
  • Previous Owner 2: FRITTS SUSAN
  • Owner Before Previous Owner: SZOSTAK CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035700

Geography

  • Account Number: 08601000
  • District: 13
  • Parcel: 13 00167-0000-00031
  • Block: 167
  • Lot: 31
  • Municipality: RAHWAY CITY
  • Latitude: 40.6123
  • Longitude: -74.2814

    Address

  • Full Address: 468 Hamilton St
  • Address - House Number: 468
  • Address - Street Name: Hamilton
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C006
  • 4-Digit Zip Code: 3315
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,803

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 467,704
  • High Value: 567,661
  • Low Value: 367,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $15,104
  • First Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • First Open Lien Mortgage Recording Date: Sep 06, 2013
  • First Open Lien Mortgage Loan Amount: $15,104
  • 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, 2043

    Market Valuation

  • Market Total Value: $108,800
  • Market Land Value: $43,100
  • Market Improvement Value: $65,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,800
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $65,700

    Sales

  • Current Sale Contract Date: Nov 12, 1999
  • Current Sale Recording Date: Nov 17, 1999
  • Current Sale Transaction ID: 1166200502
  • Current Sale Price: $103,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 74095
  • Previous Sale Recording Date: Mar 09, 1994
  • Previous Sale Contract Date: Jan 10, 1994
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Nov 17, 1999
  • First Mortgage Loan Amount: $102,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: JERSEY MTG
  • Previous Mortgage Transaction Date: Mar 09, 1994
  • Previous Mortgage Loan Amount: $83,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 468 Hamilton Street located in?
The 468 Hamilton Street is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 468 Hamilton Street?
The average sales price for units in 468 Hamilton Street is $0 currently.

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