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827 East Milton Avenue

827 East Milton Avenue, Rahway, NJ 07065
Property in Union
Sold Apr 13, 2004
$224,900
$221,425 by Fleet Natl Bk
Mortgage Due Apr 13, 2034
Local assessors in Rahway, NJ have categorized 827 East Milton Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. If we look only at the heated or air conditioned part of the building, then 827 East Milton Avenue has a total of 1,228 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 827 East Milton Avenue sold most recently in Mar 31, 2004 for a total of $224,900. If you work out the math, that's approximately a cost of $183.14 per sqft. 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 $9,094 in taxes each year. 827 East Milton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,800. If we break it down further, the land itself was valued at $49,600. Improvements to the property, however, were assessed at a total of $77,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • 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: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,228
  • 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 : ALDWYN CHARLES
  • Current Owner 2: CHARLES CHRISITNA SOOKNANAN
  • Previous Owner : HENDERSON JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 036000

Geography

  • Account Number: 01240000
  • District: 13
  • Parcel: 13 00354-0000-00007
  • Block: 354
  • Lot: 7
  • Municipality: RAHWAY CITY
  • Latitude: 40.6049
  • Longitude: -74.2589

    Address

  • Full Address: 827 E Milton Ave
  • Address - House Number: 827
  • Street Direction: E
  • Address - Street Name: Milton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C021
  • 4-Digit Zip Code: 5809
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,094

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 458,723
  • High Value: 568,153
  • Low Value: 349,294

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $281,425
  • First Open Lien Mortgage Lender: FLEET NATL BK
  • First Open Lien Mortgage Recording Date: Apr 13, 2004
  • First Open Lien Mortgage Loan Amount: $221,425
  • 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: Apr 13, 2034
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: May 30, 2007
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 04, 2037

    Market Valuation

  • Market Total Value: $126,800
  • Market Land Value: $49,600
  • Market Improvement Value: $77,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,800
  • Assessed Land Value: $49,600
  • Assessed Improvements Value: $77,200

    Sales

  • Current Sale Contract Date: Mar 31, 2004
  • Current Sale Recording Date: Apr 13, 2004
  • Current Sale Transaction ID: 1119833312
  • Current Sale Price: $224,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLEET NATL BK
  • First Mortgage Transaction Date: Apr 13, 2004
  • First Mortgage Loan Amount: $221,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 827 East Milton Avenue located in?
The 827 East Milton Avenue is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 827 East Milton Avenue?
The average sales price for units in 827 East Milton Avenue is $0 currently.

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