Sold for $575,000

$575,000

89 E Grand Ave, Rahway, NJ 07065

4beds

2baths

--sqft

Multi Family

Built in 1900

-- sqft lot

$688,100 Zestimate^®

$--/sqft

$2,497 Estimated rent

Home value

$688,100

$619,000 - $764,000

$2,497/mo

Zestimate^® history

Owner options

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$2,497/mo

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$2,497/mo

Rent Zestimate^®

Refinance and save

$4,062/mo

Est. payment

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$4,062/mo

Est. payment

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What's special

Discover the potential of this two-family home located in Rahway. Perfectly suited for an investor or homeowner, this property offers the unique opportunity to live in one unit and rent out the other. While it requires a bit of TLC, its prime location ensures a rewarding investment. The home is being sold in AS-IS condition. Appointments between 10 am - 6 pm. Pursuant to Seller instruction No More Showings

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Radiators-Hot Water

Cooling

A/C Window Unit(s)

Appliances

Included: Water Heater(Oil), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)

Features

Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Laundry Hookup, 1 Bath, Living Room)
Flooring: Unit 1 Carpet, Unit 2 Carpet
Basement: Full, Storage Space, Laundry Facilities

Interior area

Total structure area: 0

Property

Parking

Parking features: 3-4 Car Parking

Features

Stories: 2
Exterior features: Curbs, Sidewalk, Fencing/Wall, Yard
Fencing: Fencing/Wall

Lot

Size: 6,840 Square Feet
Dimensions: 40.00 x 171.00
Features: Near Shopping, Near Train, Level

Details

Parcel number: 1300323000000006

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1900

Utilities & green energy

Gas: Oil
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Curbs, Sidewalks

Location

Region: Rahway

Financial & listing details

Tax assessed value: $119,300
Annual tax amount: $8,556
Date on market: 6/10/2024
Ownership: Fee Simple
Lease term: Unit 2(No Lease)
Electric utility on property: Yes

Price history

Date	Event	Price
10/30/2024	Sold	$575,000+32.2%
Source: Public Record Report a problem
8/22/2024	Sold	$435,000+33.8%
Source: All Jersey MLS #2413100R Report a problem
6/27/2024	Contingent	$325,000
Source: All Jersey MLS #2413100R Report a problem
6/27/2024	Pending sale	$325,000
Source: GSMLS #3906592 Report a problem
6/10/2024	Listed for sale	$325,000
Source: GSMLS #3906592 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,834	$119,300
2024	$8,834 +6.4%	$119,300
2023	$8,306 +2.2%	$119,300
2022	$8,127 +1.1%	$119,300
2021	$8,043 +1.7%	$119,300
2020	$7,907 +9.2%	$119,300
2019	$7,240	$119,300
2018	$7,240 -1.8%	$119,300
2017	$7,372 +1.2%	$119,300
2016	$7,286 +1.9%	$119,300
2015	$7,151 +2.7%	$119,300
2014	$6,964 +3.7%	$119,300
2013	$6,718 +1.4%	$119,300
2012	$6,628 +13%	$119,300
2011	$5,868 +4.9%	$119,300
2010	$5,595 +3.1%	$119,300
2009	$5,424	$119,300
2008	--	$119,300
2007	$5,220	$119,300
2006	--	$119,300
2005	--	$119,300
2004	--	$119,300
2003	--	$119,300
2002	--	$119,300
2001	--	$119,300