Photo of 699 W Grand Avenue

10

Photo of 699 W Grand Avenue
Photo of 699 W Grand Avenue
$279,900
$40K (12.5%)

699 West Grand Avenue, Rahway, NJ 07065

Active
3
Beds
1
Bath
10.50%
Cap Rate
Est. Monthly
$1,902

This 3 bedroom home is close to the NYC train, parks, public transportation and shopping, There is one full bath with shower / tub. The kitchen has cabinets on 2 walls and there is a separate eating area. Bedroom #3 is on the second floor and there is a additional room connected to the bedroom. Enjoy the open front porch. Extra storage is in the rear storage shed. This is a Fannie Mae Homepath listing.

Listing by

BRUCE PARKER
BRUCE PARKER BEST REALTY
Last updated: 8 days ago (CJMLS #2313427R)

Property Facts

Unit Size
-
Days on Market
108 days
Land Size
0.03 acres
Price per sqft
-
Property Type
House
Property Taxes
$527
Year Built
1890
HOA Dues
-

Home Amenities

Parking Available


Property Details

Parking

    Parking Information

  • Parking Features: On Street
Interior

    Bathroom Information

  • Full Bathrooms: 1

    Interior Information

  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen, Tub Shower
  • Appliances: Gas Water Heater, See Remarks
  • Flooring Type: Carpet, Laminate, Vinyl
Exterior

    Property Information

  • PropertySubType: Single Family Residence

    Building Information

  • Levels: Two
  • Stories (Total): 2
  • Patio and Porch Features: Open, Porch

    Pool Information

  • Pool Features: None

    Lot Information

  • Lot Size Area: 1324.224
  • Lot Size Acres: 0.0304

    Land Information

  • Water Source: Public
Financial

    Tax Information

  • Tax Annual Amount: $6,320
  • Tax Year: $2,022
Utilities

    Utilities Information

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling Type: None
  • Heating Type: Forced Air
  • Sewer : Public Sewer
Location

    Community Information

  • Community Features: Shopping, Sidewalks

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • Living Units: 1.00
  • Basement Area: 0.00
  • Parking Space Count: 0.00

    Dimensions

  • Lot Size Square Feet: 1,325
  • Lot Size Depth Feet: 530
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service Type: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential
  • County Land Use Code: 2
  • State Land Use Code:

Neighborhood

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

Geography

  • Account Number: 02940000
  • District: 13
  • Parcel: 13 00202-0000-00002
  • Block: 202
  • Lot: 2
  • Municipality: RAHWAY CITY
  • Latitude: 40.6158
  • Longitude: -74.283

    Address

  • Full Address: 699 W Grand Ave
  • Address - House Number: 699
  • Street Direction: W
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C018
  • 4-Digit Zip Code: 3420
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,320

    Appraisal Valuation

  • Standard Deviation: 0.2742
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 60
  • Final Value: 326,364
  • High Value: 415,854
  • Low Value: 236,874

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $37,100
  • Market Improvement Value: $52,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,000
  • Assessed Land Value: $37,100
  • Assessed Improvements Value: $52,900

    Sales

  • Current Sale Contract Date: 20230106
  • Current Sale Recording Date: 20230123
  • Current Sale Transaction ID: 11901292367
  • Current Sale Price: $1,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Book: 6497
  • Current Sale Input Document Number: 26147
  • Current Sale Input Page: 2479
  • Previous Sale Recording Date: 20050110
  • Previous Sale Contract Date: 20041217
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE CO LLC
  • Previous Mortgage Transaction Date: 20050110
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: 20350201

Price History

Date/Event Event Price
Sep 18, 2023 Price Decreased Price Decreased $279,900 $40K (12.5%)
Jul 13, 2023 Price Increased Price Increased $319,900 $20K (6.7%)
Jun 9, 2023 Listed by BEST REALTY Listed by BEST REALTY $299,900

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Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$315,000 Sep 27, 2018
$315,000 Dec 27, 2018
$503/mo
House
3 Beds
2 Baths
-
$333,000 Nov 2, 2022
$333,000 Apr 4, 2023
$709/mo
House
4 Beds
2 Baths
-
$335,000 Sep 16, 2019
$335,000 Apr 1, 2020
$720/mo
House
3 Beds
1 Bath
-
$299,000 Nov 30, -0001
$310,000 Jan 7, 2022
-
House
4 Beds
2 Baths
-
$260,000 Jul 12, 2019
$260,000 Sep 12, 2019
$617/mo
House
4 Beds
2.1 Baths
-
$330,000 Nov 30, -0001
$330,000 May 22, 2023
-
House
3 Beds
2 Baths
-
$340,000 Apr 13, 2023
-
-
House
3 Beds
2 Baths
-
$260,000 Mar 4, 2023
-
-
House
3 Beds
1 Bath
-
$319,900 Jun 9, 2023
-
$527/mo
House
4 Beds
2 Baths
-
$350,000 Jul 24, 2023
-
-
Condo
2 Beds
2 Baths
-
$280,000 Jul 20, 2023
-
$385/mo
In Contract
Multifamily
2 Beds
2 Baths
-
$349,500 Aug 11, 2023
-
$486/mo

About Rahway


Local assessors in Rahway, NJ have categorized 699 West Grand Avenue as a residential type of property. The home was built in 1890 and is 133 years old. The property's lot size has been calculated to be 1,325 square feet. The linear feet between the front and back of the lot was measured at 530 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 699 West Grand Avenue has a total of 1,118 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. 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, 699 West Grand Avenue sold most recently in Jan 6, 2023 for a total of $1,000. If you work out the math, that's approximately a cost of $0.89 per sqft. Before that, the property was also sold for $175,000 in Dec 17, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,320 in taxes each year. 699 West Grand Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $90,000. If we break it down further, the land itself was valued at $37,100. Improvements to the property, however, were assessed at a total of $52,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.


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699 West Grand Avenue, Rahway, NJ 07065


Frequently Asked Questions

When was property at 699 West Grand Avenue built and last sold?
The property at 699 West Grand Avenue was built in 1890 and last sold on Jan 6, 2023 for $1,000.
How much is this home worth?
The estimated value of the home located at 699 West Grand Avenue is $282,699.
What are some comparable homes to 699 West Grand Avenue?
Homes that are comparable to 699 West Grand Avenue include a house property at 109 West Main Street, 699 West Grand Avenue, 1439 Church Street.

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