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Under contract
  • $750,000

    355 W Scott Ave, Rahway City, NJ 07065

    5beds
    2,320sqft
    : 
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    Multi Family
    Built in 1922
    -- sqft lot
    $755,100 Zestimate®
    $323/sqft
    $-- HOA

    What's special

    Second fireplacePartially finished basementFinished attic spaceHalf bathAdditional storage spaceSpacious backyardFunctional layout
    This property qualifies for a seller-paid rate buydown through List & Lock with rates as low as 5.75% APR 6.088% as of 05/13/2026. Terms apply; see disclosures for details. Spacious 2-family duplex offering excellent investment and owner-occupant potential in a commuter-friendly Rahway location. First-floor unit features 3 bedrooms, 2 full baths, living area with fireplace, and functional layout. Second-floor unit, including finished attic space, offers 2 bedrooms and 1 full bath. Partially finished basement includes large recreation/living area, second fireplace, half bath, and additional storage space. Separate living areas provide flexibility for rental income. Property also features a spacious backyard and oversized driveway with ample off-street parking. Major updates include newer water heaters and baseboard heating boiler systems. Conveniently located near downtown Rahway, NJ Transit train station, shopping, restaurants, parks, major highways, and public transportation with easy access to NYC commuting routes. Great opportunity for investors or buyers seeking income-producing property in Union County.
    63 days
    |
    210
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nikita Sergey Mamontov 732-917-7300,

    Re/Max Select

    Source: GSMLS,MLS#: 4027515MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • See Remarks
      Appliances
      • Included: See Remarks
      Features
      • See Remarks
      • Basement: Yes,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,320
      • Total interior livable area: 2,320 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 70 x 101
      Details
      • Parcel number: 2913002360000000020002

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • See Remarks
      • Roof: See Remarks
      Condition
      • Year built: 1922

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: See Remarks

      Community & HOA

      Location
      • Region: Rahway

      Financial & listing details

      • Price per square foot: $323/sqft
      • Tax assessed value: $182,000
      • Annual tax amount: $13,802
      • Date on market: 5/13/2026
      • Total actual rent: 4750
      • Tenant pays: Gas, Tenant Pays Heat, Tenant Pays Gas

        Estimated market value

        $755,100

        $717,000 - $793,000

        $2,843/mo

        Price history

        DateEventPrice
        6/17/2026Pending sale$750,000$323/sqft
        Source: GSMLS #4027515 Report a problem
        5/13/2026Listed for sale$750,000+38.9%$323/sqft
        Source: GSMLS #4027515 Report a problem
        2/4/2022Sold$540,000$233/sqft
        Source: Public Record Report a problem
        9/24/2021Price change$540,000-1.8%$233/sqft
        Source: Owner Report a problem
        7/28/2021Price change$550,000-2.7%$237/sqft
        Source: Owner Report a problem
        6/30/2021Price change$565,000-1.7%$244/sqft
        Source: Owner Report a problem
        5/10/2021Listed for sale$575,000+19.8%$248/sqft
        Source: Owner Report a problem
        1/3/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/5/2020Price change$1,450-3.3%$1/sqft
        Source: Owner Report a problem
        10/11/2020Price change$1,500+3.4%$1/sqft
        Source: Owner Report a problem
        9/26/2020Listed for rent$1,450$1/sqft
        Source: Owner Report a problem
        11/13/2007Sold$480,000$207/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,477 +3.2%$182,000
        2023$13,053 +12.3%$182,000 +10%
        2022$11,621 +1%$165,500
        2021$11,504 +1.7%$165,500
        2020$11,315 +36%$165,500
        2019$8,318 $165,500
        2018$8,318 -21.3%$165,500
        2017$10,574 +1.1%$165,500
        2016$10,455 +1.8%$165,500
        2015$10,268 +2.6%$165,500
        2014$10,008 $165,500 -9.3%
        2006-- $182,500
        2005-- $182,500
        2004-- $182,500
        2003-- $182,500
        2002-- $182,500
        2001-- $182,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 07065

        Getting around

        72 / 100
        Very Walkable
        41 / 100
        Some Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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