Investors delight in the heart of downtown Rahway! This meticulously maintained historic home awaits its next owner. This two unit multi family features a full, walk out basement with separate utilities (except water), first floor apartment with living room, large eat in kitchen, bedroom and bathroom. The second and third level are one unit. On the second floor there is a large living area with gas fireplace, eat in kitchen, bedroom with two closets, and a full bath. Third floor features a bedroom, closet, and full bath. Located just down the block from the Union County Performing Arts Center, 0.6 miles from the train station with direct NYC access, ample restaurants, coffee shops, and retail. Schedule a showing today!
Sold for $550,000
$550,000
151 W Main St, Rahway, NJ 07065
3beds
1,386sqft
MultiFamily
Built in 1840
-- sqft lot
$640,300 Zestimate®
$397/sqft
$3,202 Estimated rent
Home value
$640,300
$589,000 - $692,000
$3,202/mo
Zestimate® history
Owner options
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$3,202/mo
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$3,202/mo
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$3,913/mo
Est. payment
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$3,913/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Features
- Basement: Yes
Interior area
- Total interior livable area: 1,386 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Wood
Lot
- Size: 4,765 Square Feet
Details
- Parcel number: 1300161000000006
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: ShakeShingle
Condition
- Year built: 1840
Community & HOA
Location
- Region: Rahway
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $136,900
- Annual tax amount: $10,137
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $550,000+18.9%$397/sqft |
Source: Public Record Report a problem | ||
| 12/27/2022 | Sold | $462,500$334/sqft |
Source: | ||
| 10/29/2022 | Pending sale | $462,500$334/sqft |
Source: | ||
| 10/10/2022 | Listed for sale | $462,500$334/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,137 | $136,900 |
| 2024 | $10,137 +3.2% | $136,900 |
| 2023 | $9,818 +60.3% | $136,900 +57% |
| 2022 | $6,123 +1% | $87,200 |
| 2021 | $6,061 +1.7% | $87,200 |
| 2020 | $5,962 +2.2% | $87,200 |
| 2019 | $5,836 | $87,200 |
| 2018 | $5,836 +4.8% | $87,200 |
| 2017 | $5,571 +1.1% | $87,200 |
| 2016 | $5,508 +1.8% | $87,200 |
| 2015 | $5,410 +2.6% | $87,200 |
| 2014 | $5,273 +4.9% | $87,200 |
| 2012 | $5,027 +12.4% | $87,200 |
| 2011 | $4,472 +4.7% | $87,200 |
| 2010 | $4,272 +3% | $87,200 |
| 2009 | $4,147 | $87,200 |
| 2008 | -- | $87,200 |
| 2007 | $3,998 | $87,200 |
| 2006 | -- | $87,200 |
| 2005 | -- | $87,200 |
| 2004 | -- | $87,200 |
| 2003 | -- | $87,200 |
| 2002 | -- | $87,200 |
| 2001 | -- | $87,200 |
Find assessor info on the county website
Neighborhood: 07065
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Nearby schools
GreatSchools rating
- 5/10Franklin Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 5/10Rahway Middle SchoolGrades: PK,7-8Distance: 1.1 mi
- 1/10Rahway High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$640,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$640,300
- New Jersey
- Union County
- Rahway
- 07065
- 151 W Main St