74 East Cherry Street

74 East Cherry Street in Rahway, NJ was first built in 1900 and is 124 years old. This has been categorized as a commercial property type. The linear feet across the front of the lot is 240 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 2,278 square feet.

Learn more about the property and building on this page. 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, 74 East Cherry Street sold most recently in Oct 1, 2018 for a total of $525,000. Before that, the property was also sold for $85,000 in Jul 11, 2000. 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 $12,419 in taxes each year. 74 East Cherry Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,400. If we break it down further, the land itself was valued at $22,900. Improvements to the property, however, were assessed at a total of $146,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.