August, 2017
Buyers Market or Sellers Market?
With inventory less than 5 months supply, Rahway is in an Sellers Market. There is currently 4.2 months supply on the market.
Market Snapshot
Rahway, NJ – Past 6 Months
| # of Bedrooms | # of Sales | Average Sales Price | Median Sales Price | Average Days on Market | Sales Price to List Price | Sales Price to Original List Price |
|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 0 | 0% | 0% |
| 2 | 29 | 181,740 | 185,000 | 86 | 97% | 94% |
| 3 | 89 | 244,123 | 251,500 | 58 | 99% | 98% |
| 4 | 36 | 296,871 | 289,950 | 67 | 98% | 97% |
| 5+ | 10 | 352,600 | 345,000 | 66 | 97% | 97% |
| TOTAL: | 164 | 251,285 | 249,250 | 66 | 99% | 97% |
Last Month’s Sales
Rahway, NJ – There were 31 sales in July 2017
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Rahway City | 287 W Lincoln Ave | $104,900 | Colonial | 3 | 1.1 | 1 | Y | $133,000 | 15 |
| Rahway City | 415 E Grand Ave | $105,000 | Colonial | 3 | 1 | 0 | Y | $106,000 | 4 |
| Rahway City | 1010 Main St | $114,900 | Colonial | 4 | 2 | 0 | Y | $115,000 | 105 |
| Rahway City | 516 Alden Dr | $179,900 | Ranch | 3 | 1 | 0 | N | $180,000 | 76 |
| Rahway City | 327 Linden Ave | $185,000 | Colonial | 3 | 1.1 | 1 | Y | $190,000 | 23 |
| Rahway City | 1986 Wall St | $189,900 | Ranch | 3 | 1 | 0 | Y | $215,000 | 16 |
| Rahway City | 54 W Cherry St | $189,900 | MultiFlr | 2 | 2.1 | 0 | N | $185,000 | 8 |
| Rahway City | 1288 Maple Ter | $194,900 | Colonial | 3 | 2.1 | 1 | Y | $200,100 | 73 |
| Rahway City | 941 Jefferson Ave | $198,000 | Ranch | 3 | 1 | 1 | Y | $198,000 | 31 |
| Rahway City | 2147 Barnett St | $199,900 | CapeCod | 2 | 2 | 0 | Y | $200,400 | 12 |
| Rahway City | 1337 Maple Ter | $208,856 | HalfDupl | 3 | 1.1 | 0 | Y | $212,000 | 41 |
| Rahway City | 662 W Hazelwood Ave | $229,000 | CapeCod | 3 | 1.1 | 1 | Y | $216,540 | 133 |
| Rahway City | 1920 Lufberry St | $229,920 | CapeCod | 3 | 1 | 0 | Y | $229,000 | 10 |
| Rahway City | 390 Koenig Pl | $239,000 | CapeCod | 3 | 1 | 1 | Y | $235,000 | 28 |
| Rahway City | 742 Saint Georges Ave | $273,900 | SplitLev | 3 | 1.1 | 1 | Y | $274,000 | 126 |
| Rahway City | 1963 Bond St | $274,900 | Colonial | 3 | 1.1 | 2 | Y | $265,000 | 40 |
| Rahway City | 946 Leesville Ave | $275,000 | RanchRas | 4 | 1 | 2 | Y | $275,000 | 72 |
| Rahway City | 306 W Hazelwood Ave | $282,500 | Colonial | 3 | 1.1 | 2 | Y | $272,500 | 27 |
| Rahway City | 486 Grove St | $289,500 | CapeCod | 3 | 2 | 0 | Y | $289,500 | 28 |
| Rahway City | 123 James Ter | $289,900 | Ranch | 4 | 2 | 0 | Y | $289,900 | 24 |
| Rahway City | 1758 Montgomery St | $294,900 | Bi-Level | 4 | 3 | 2 | N | $313,000 | 25 |
| Rahway City | 173 Villa Pl | $299,000 | CapeCod | 3 | 2 | 0 | Y | $295,000 | 81 |
| Rahway City | 497 SEMINARY AVE | $299,900 | Colonial | 3 | 2 | 0 | Y | $290,000 | 57 |
| Rahway City | 1414 Witherspoon St | $300,000 | Bi-Level | 4 | 2 | 2 | N | $290,000 | 8 |
| Rahway City | 793 Garden St | $304,900 | CapeCod | 3 | 1 | 0 | Y | $295,000 | 21 |
| Rahway City | 1255 KLINE PL | $315,000 | Ranch | 2 | 2 | 1 | Y | $291,000 | 35 |
| Rahway City | 753 Hemlock St | $338,000 | CapeCod | 3 | 2.1 | 1 | Y | $338,000 | 13 |
| Rahway City | 800 Hillside Rd | $344,900 | Ranch | 3 | 1.1 | 1 | Y | $335,000 | 34 |
| Rahway City | 325 Elm Ave | $389,000 | Victrian | 5 | 2 | 2 | Y | $360,000 | 50 |
| Rahway City | 1037 Milton Blvd | $399,999 | Custom | 4 | 2.1 | 2 | N | $399,900 | 54 |
| Rahway City | 2311 Knapp Dr | $405,000 | Colonial | 4 | 2.1 | 1 | N | $395,000 | 12 |
Detailed Listing View
