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308 Wilson Avenue

308 Wilson Avenue, Rahway, NJ 07065
Property in Union
Sold Oct 29, 1998
$104,000
$166,549 by Embrace Home Loans Inc
Mortgage Due May 01, 2042
Local assessors in Rahway, NJ have categorized 308 Wilson Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 3,498 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 350 ft. If we look only at the heated or air conditioned part of the building, then 308 Wilson Avenue has a total of 1,322 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, 308 Wilson Avenue sold most recently in Oct 27, 1998 for a total of $104,000. If you work out the math, that's approximately a cost of $78.67 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 $8,714 in taxes each year. 308 Wilson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $121,500. If we break it down further, the land itself was valued at $51,700. Improvements to the property, however, were assessed at a total of $69,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,498
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,322
  • Building Area: 1,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BILODEAU ROBERT
  • Current Owner 2: BILODEAU DONNA
  • Previous Owner : MIZEJEWSKI STEPHEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Account Number: 02151000
  • District: 13
  • Parcel: 13 00232-0000-00018
  • Block: 232
  • Lot: 18
  • Municipality: RAHWAY CITY
  • Latitude: 40.6182
  • Longitude: -74.271

    Address

  • Full Address: 308 Wilson Ave
  • Address - House Number: 308
  • Address - Street Name: Wilson
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rahway
  • Carrier Code: C009
  • 4-Digit Zip Code: 4426
  • Zip Code: 07065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,714

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 472,538
  • High Value: 573,529
  • Low Value: 371,548

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $285,549
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 23, 2012
  • First Open Lien Mortgage Loan Amount: $166,549
  • 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, 2042
  • Second Open Lien Mortgage Lender: MBNA AMERICA DELAWARE NA
  • Second Open Lien Mortgage Recording Date: Jun 15, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $83,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2026
  • Third Open Lien Mortgage Lender: DISCOVER BANK
  • Third Open Lien Mortgage Recording Date: Apr 12, 2019
  • Third Open Lien Mortgage Loan Amount: $36,000
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Second
  • Third Open Lien Mortgage Loan Due Date: Apr 12, 2034

    Market Valuation

  • Market Total Value: $121,500
  • Market Land Value: $51,700
  • Market Improvement Value: $69,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,500
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $69,800

    Sales

  • Current Sale Contract Date: Oct 27, 1998
  • Current Sale Recording Date: Oct 29, 1998
  • Current Sale Transaction ID: 1119832870
  • Current Sale Price: $104,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 59199

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED MTG COMPANY INC
  • First Mortgage Transaction Date: Oct 29, 1998
  • First Mortgage Loan Amount: $103,272
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2028

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Frequently Asked Questions

What neighborhood is 308 Wilson Avenue located in?
The 308 Wilson Avenue is a located in the neighborhood of Union in Rahway, Rahway.
What is the average sales price for listings in 308 Wilson Avenue?
The average sales price for units in 308 Wilson Avenue is $0 currently.

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