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280 Princeton Avenue

280 Princeton Avenue, Rahway, NJ 07065
Property in Union
Sold Oct 27, 2020
$410,000
$402,570 by Finance Of America Mortgage Ll
Mortgage Due Oct 27, 2050
Sold Nov 12, 2014
$25,000
Local assessors in Rahway, NJ have categorized 280 Princeton Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 5,776 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 550 ft. If we look only at the heated or air conditioned part of the building, then 280 Princeton Avenue has a total of 1,414 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. 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, 280 Princeton Avenue was last sold in Jul 11, 2020 for $410,000. According to our calculations, that's $289.96 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Oct 31, 2014. Current property owners are expected to pay $11,798 in taxes per year. The property on 280 Princeton Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $164,500. To break that down further, the land itself was valued at $64,500. While improvements to the property were assessed at a total of $100,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,776
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ELLIS VINCENT
  • Current Owner 2: ELLIS VINCENT
  • Previous Owner : DIPIERRO MICHAEL
  • Owner Before Previous Owner: DEJESUS KRISTYNE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Rahway City School District
  • Census Tract: 035600

Geography

  • Account Number: 05619000
  • District: 13
  • Parcel: 13 00038-0000-00001
  • Block: 38
  • Lot: 1
  • Municipality: RAHWAY CITY
  • Latitude: 40.6021
  • Longitude: -74.3007

    Address

  • Full Address: 280 Princeton Ave
  • Address - House Number: 280
  • Address - Street Name: Princeton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C024
  • 4-Digit Zip Code: 1512
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,798

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 524,529
  • High Value: 636,632
  • Low Value: 412,427

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $427,674
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $402,570
  • 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: Oct 27, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 01, 2023
  • Second Open Lien Mortgage Loan Amount: $25,104
  • Second Open Lien Mortgage Term: 326
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $164,500
  • Market Land Value: $64,500
  • Market Improvement Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,500
  • Assessed Land Value: $64,500
  • Assessed Improvements Value: $100,000

    Sales

  • Current Sale Contract Date: Jul 11, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11798333299
  • Current Sale Price: $410,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 329546
  • Previous Sale Recording Date: Nov 12, 2014
  • Previous Sale Contract Date: Oct 31, 2014
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $402,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Rahway



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Frequently Asked Questions

What neighborhood is 280 Princeton Avenue located in?
The 280 Princeton Avenue is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 280 Princeton Avenue?
The average sales price for units in 280 Princeton Avenue is $0 currently.

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