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786 Laurel Place

786 Laurel Place, Rahway, NJ 07065
Property in Union
Sold Apr 22, 2010
$309,900
$283,936 by Prospect Mortgage Llc
Mortgage Due May 01, 2040
Sold Jan 29, 2007
$445,000
$356,000 by U S Mtg Corp
Mortgage
786 Laurel Place 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 1962 and is 62 years old. The building has a total of 2 stories. In addition, 786 Laurel Place has 1,976 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 786 Laurel Place was last sold in Apr 16, 2010 for $309,900. According to our calculations, that's $156.83 per sqft. Prior to that sales transaction, the property was sold for $445,000 in Dec 4, 2006. Current property owners are expected to pay $12,472 in taxes per year. The property on 786 Laurel Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $173,900. To break that down further, the land itself was valued at $47,300. While improvements to the property were assessed at a total of $126,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,976
  • Building Area: 1,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CLARKE FREDERICK L
  • Current Owner 2: WESSELL MARCIA E
  • Previous Owner : COVINGTON PAULETTE
  • Previous Owner 2: COVINGTON GEORGE H
  • Owner Before Previous Owner: MARQUEZ CECILIA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035800

Geography

  • Account Number: 06925000
  • District: 13
  • Parcel: 13 00290-0000-00015
  • Block: 290
  • Lot: 15
  • Municipality: RAHWAY CITY
  • Latitude: 40.5973
  • Longitude: -74.2791

    Address

  • Full Address: 786 Laurel Pl
  • Address - House Number: 786
  • Address - Street Name: Laurel
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C016
  • 4-Digit Zip Code: 4922
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,472

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 567,290
  • High Value: 696,258
  • Low Value: 438,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,936
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 22, 2010
  • First Open Lien Mortgage Loan Amount: $283,936
  • 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, 2040

    Market Valuation

  • Market Total Value: $173,900
  • Market Land Value: $47,300
  • Market Improvement Value: $126,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,900
  • Assessed Land Value: $47,300
  • Assessed Improvements Value: $126,600

    Sales

  • Current Sale Contract Date: Apr 16, 2010
  • Current Sale Recording Date: Apr 22, 2010
  • Current Sale Transaction ID: 1062848017
  • Current Sale Price: $309,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 214212
  • Previous Sale Recording Date: Jan 29, 2007
  • Previous Sale Contract Date: Dec 04, 2006
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 22, 2010
  • First Mortgage Loan Amount: $283,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: U S MTG CORP
  • Previous Mortgage Transaction Date: Jan 29, 2007
  • Previous Mortgage Loan Amount: $356,000
  • Previous Mortgage Term: 360

About Rahway



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Nearby Rentals

Unit for rent at 1300 Fulton St, Rahway City, NJ, 07065

$1,850 /mo

  • 1 Bed
  • 1 Bath
1300 Fulton St #1, Rahway City, NJ, 07065 Listing by JAZMINE CLAUSEN-SOIR

Frequently Asked Questions

What neighborhood is 786 Laurel Place located in?
The 786 Laurel Place is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 786 Laurel Place?
The average sales price for units in 786 Laurel Place is $0 currently.

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