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1606 Fernote St

Rahway, NJ 07065

7 bd 4 ba 19,998 sqft Built 1880 Lot 4,356 sqft multi_family
Most recent sale
$710,000
Jan 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 17, 2023 Sold $710,000 GardenState
Oct 5, 2022 Listing removed GardenState
Oct 5, 2022 Listed $739,000 GardenState
Sep 8, 2022 Listed for rent $3,200 GardenState
Sep 27, 2021 Sold $355,000 Public Record
Jul 6, 2021 Listing removed GardenState
Jun 17, 2021 Listed $349,000 GardenState
Mar 16, 2019 Listing removed MoreMLS
Mar 15, 2019 Listing removed $249,000 MoreMLS
Feb 27, 2019 Listed $249,000 MoreMLS
May 27, 2009 Sold $280,000 Public Record
Aug 1, 1984 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,900 $60,700 $229,600 $17,412
2024 $168,900 $60,700 $229,600 $17,001
2023 $168,900 $60,700 $229,600 $16,466
2022 $98,400 $60,700 $159,100 $11,172
2021 $98,400 $60,700 $159,100 $11,059
2020 $98,400 $60,700 $159,100 $11,017
2019 $98,400 $60,700 $159,100 $10,877
2018 $98,400 $60,700 $159,100 $10,648
2017 $98,400 $60,700 $159,100 $10,386
2016 $98,400 $60,700 $159,100 $10,164
2015 $98,400 $60,700 $159,100 $10,050
2014 $98,400 $60,700 $159,100 $9,870
2013 $98,400 $60,700 $159,100 $9,620
2012 $98,400 $60,700 $159,100 $9,293
2011 $98,400 $60,700 $159,100 $9,172
2009 $98,400 $60,700 $159,100 $7,794
2008 $98,400 $60,700 $159,100 $7,566
2007 $98,400 $60,700 $159,100 $7,294

Property facts

Year built
1880
Property type
multi_family
Stories
2
Beds
7
Baths
4
Living area
19,998 sqft
Lot size
4,356 sqft
ZIP code
07065
City
Rahway
Street
Fernote St
Coordinates
40.61509, -74.28389

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,260
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1606 Fernote St last sell?
1606 Fernote St most recently sold on Jan 17, 2023 for $710,000.
What is the current tax assessment for 1606 Fernote St?
The most recent total assessment for 1606 Fernote St (year 2025) is $229,600 with $17,412 in property tax.
How does 1606 Fernote St's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $710,000.
When was 1606 Fernote St built?
1606 Fernote St was built in 1880.
How does 1606 Fernote St compare to others on Fernote St?
We track 2 other properties on Fernote St. Browse the list under "Other properties on Fernote St" to compare beds, baths, and sale history.
What are the property facts for 1606 Fernote St?
1606 Fernote St is a 7 bed, 4 bath, 19,998 sqft, 4,356 sqft lot multi_family.
Is 1606 Fernote St a flip candidate?
Yes — 1606 Fernote St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1606 Fernote St a tax-appeal candidate?
No — 1606 Fernote St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.1%
2026 Q2
$542.7K
2026 Q3
$550.3K
ZIP 07065 — Median Price History + Forecast

Explore nearby

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