December, 2018
Buyers Market or Sellers Market?
With inventory less than 5 months supply, Rahway is in an Sellers Market. There is currently 2.8 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 | 4 | $157,563 | $158,500 | 45 | 100% | 100% |
| 2 | 32 | $207,488 | $200,000 | 52 | 97% | 96% |
| 3 | 95 | $266,857 | $280,000 | 62 | 99% | 96% |
| 4 | 46 | $295,273 | $289,500 | 48 | 100% | 78% |
| 5+ | 4 | $350,188 | $365,000 | 44 | 92% | 92% |
| TOTAL: | 181 | $263,009 | $275,000 | 56 | 99% | 90% |
Last Month’s Sales
Rahway, NJ – There were 22 sales in November 2018
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Rahway City | 1207 KLINE PL | $95,000 | SeeRem | 2 | 1.0 | 1 | Y | $95,000 | 0 |
| Rahway City | 967 RICHARD BLVD | $150,000 | CapeCod | 2 | 1.0 | 0 | N | $150,000 | 0 |
| Rahway City | 309 William St | $162,200 | Colonial | 4 | 2.0 | 2 | Y | $159,500 | 126 |
| Rahway City | 2271 Knapp Dr | $174,900 | Ranch | 2 | 1.0 | 1 | N | $171,000 | 23 |
| Rahway City | 1344 BRYANT ST | $210,000 | Colonial | 3 | 1.1 | 0 | Y | $197,500 | 44 |
| Rahway City | 1536 CAMPBELL ST | $224,316 | Colonial | 2 | 1.1 | 0 | Y | $225,000 | 78 |
| Rahway City | 54 W CHERRY ST | $225,000 | OneFloor | 2 | 2.0 | 0 | N | $200,000 | 64 |
| Rahway City | 35 MAPLE AVE | $245,000 | Colonial | 3 | 1.1 | 0 | Y | $252,000 | 8 |
| Rahway City | 472 JAQUES AVE | $249,999 | CapeCod | 4 | 1.1 | 1 | Y | $254,000 | 15 |
| Rahway City | 179 TEHAMA ST | $259,900 | CapeCod | 3 | 1.1 | 0 | Y | $269,900 | 115 |
| Rahway City | 258 ORCHARD ST | $264,000 | Colonial | 2 | 1.0 | 0 | Y | $275,000 | 76 |
| Rahway City | 2417 HULICK PL | $279,900 | SplitLev | 4 | 2.0 | 1 | N | $285,000 | 54 |
| Rahway City | 1751 ESSEX ST | $289,000 | Colonial | 3 | 2.1 | 0 | Y | $295,000 | 88 |
| Rahway City | 1218 KLINE PL | $289,900 | Bungalow | 3 | 2.0 | 1 | N | $287,900 | 18 |
| Rahway City | 442 ORCHARD ST | $299,900 | Detached | 3 | 1.0 | 1 | Y | $290,000 | 20 |
| Rahway City | 502 Albermarle St | $309,900 | CapeCod | 3 | 2.0 | 1 | Y | $290,000 | 50 |
| Rahway City | 2074 ALLEN ST | $339,000 | Colonial | 3 | 2.0 | 2 | Y | $339,000 | 60 |
| Rahway City | 262 MORTON AVE | $349,000 | CapeCod | 3 | 2.1 | 0 | Y | $350,000 | 7 |
| Rahway City | 786 CENTRAL AVE | $349,900 | Colonial | 3 | 2.1 | 0 | Y | $345,000 | 97 |
| Rahway City | 1916 HENRY ST | $359,000 | SplitLev | 3 | 1.1 | 1 | Y | $348,000 | 24 |
| Rahway City | 159 MURRAY ST | $399,000 | Bi-Level | 4 | 2.1 | 2 | N | $390,000 | 27 |
| Rahway City | 254 MAPLE AVE | $449,999 | Colonial | 6 | 3.1 | 3 | Y | $445,000 | 17 |
Detailed Listing View
