February, 2019
Buyers Market or Sellers Market?
With inventory less than 5 months supply, Rahway is in an Sellers Market. There is currently 2.6 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 | 3 | $146,467 | $142,500 | 60 | 99% | 94% |
| 2 | 32 | $192,816 | $184,200 | 66 | 98% | 94% |
| 3 | 91 | $272,732 | $285,000 | 54 | 99% | 97% |
| 4 | 46 | $309,745 | $322,000 | 42 | 101% | 101% |
| 5+ | 4 | $318,750 | $310,000 | 62 | 100% | 99% |
| TOTAL: | 176 | $266,769 | $275,000 | 53 | 99% | 97% |
Last Month’s Sales
Rahway, NJ – There were 27 sales in December 2018
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Rahway City | 820 E HAZELWOOD AVE | $149,000 | HalfDupl | 4 | 2 | 0 | Y | $149,000 | 79 |
| Rahway City | 320 Lafayette St | $159,900 | Colonial | 3 | 1.1 | 1 | Y | $150,000 | 201 |
| Rahway City | 1158 MAIN ST | $174,900 | Colonial | 3 | 1 | 0 | Y | $184,000 | 14 |
| Rahway City | 1263 WHELAN PL | $179,900 | Bi-Level | 4 | 1.1 | 2 | N | $250,000 | 9 |
| Rahway City | 777 JEFFERSON AVE | $180,000 | TwnEndUn | 2 | 1.1 | 1 | N | $175,000 | 106 |
| Rahway City | 637 W LAKE AVE | $180,000 | Colonial | 3 | 1 | 1 | Y | $161,500 | 43 |
| Rahway City | 376 MAPLE AVE | $195,000 | Colonial | 6 | 3 | 2 | Y | $230,000 | 11 |
| Rahway City | 386 RALEIGH RD | $199,000 | HalfDupl | 2 | 1 | 0 | Y | $200,000 | 61 |
| Rahway City | 2287 CHURCH ST | $199,500 | CapeCod | 3 | 2 | 1 | Y | $240,000 | 30 |
| Rahway City | 970 LEESVILLE AVE | $215,000 | Colonial | 4 | 2.1 | 1 | N | $255,000 | 4 |
| Rahway City | 346 RALEIGH RD | $225,000 | HalfDupl | 2 | 1 | 1 | Y | $218,000 | 23 |
| Rahway City | 1171 Fulton St | $229,900 | Colonial | 5 | 2 | 0 | Y | $210,000 | 198 |
| Rahway City | 225 LINDEN AVE | $249,999 | CapeCod | 3 | 1 | 0 | Y | $245,000 | 24 |
| Rahway City | 345 Princeton Ave | $255,000 | SplitLev | 3 | 1.1 | 1 | Y | $255,000 | 24 |
| Rahway City | 221 VILLA PL | $279,000 | CapeCod | 3 | 2 | 0 | Y | $252,500 | 56 |
| Rahway City | 457 JEFFERSON AVE | $299,000 | CapeCod | 4 | 1.1 | 1 | Y | $307,000 | 14 |
| Rahway City | 137 W SCOTT AVE | $299,000 | Colonial | 3 | 2 | 0 | Y | $300,000 | 19 |
| Rahway City | 930 Hamilton St | $299,750 | Colonial | 3 | 1.1 | 0 | Y | $299,800 | 143 |
| Rahway City | 2173 WHITTIER ST | $304,900 | CapeCod | 3 | 1 | 1 | Y | $300,000 | 7 |
| Rahway City | 1156 KLINE PL | $319,000 | Ranch | 3 | 2 | 2 | Y | $310,000 | 95 |
| Rahway City | 1439 CHURCH ST | $319,900 | Colonial | 3 | 2 | 0 | Y | $315,000 | 13 |
| Rahway City | 182 MADISON AVE | $320,000 | CapeCod | 4 | 2 | 1 | Y | $325,500 | 24 |
| Rahway City | 2383 COLONIAL DR | $340,000 | Ranch | 3 | 2 | 1 | Y | $335,000 | 20 |
| Rahway City | 311 W MILTON AVE | $349,000 | Colonial | 4 | 2.1 | 2 | Y | $349,000 | 22 |
| Rahway City | 1963 PRICE ST | $349,999 | Colonial | 3 | 2 | 2 | Y | $335,000 | 76 |
| Rahway City | 250 PRINCETON AVE | $369,000 | CapeCod | 4 | 2 | 1 | Y | $357,000 | 11 |
| Rahway City | 765 KAMINSKI DR | $398,888 | Colonial | 4 | 2 | 2 | Y | $389,000 | 0 |
Detailed Listing View
