716 E Grand Ave Unit 4 Rahway, NJ 07065
Estimated payment $6,026/month
About This Home
Exceptional investment opportunity - this legal 4-family home will be delivered completely vacant, offering immediate flexibility for investors or owner-occupants. Whether you're looking to generate strong rental income or occupy one unit while leasing the others, this property is ready to meet your goals. The layout features two spacious 1-bedroom units on the first floor one with a separate dining and living room and a 3-bedroom unit and another 1-bedroom unit on the second floor, each with an eat-in kitchen. A private backyard enhances the property's appeal, providing a shared outdoor space for tenants or personal enjoyment. With all units vacant at closing, this is a rare chance to start fresh with your own tenants, leases, and rental strategy.
Listing Agent
COLDWELL BANKER GARDEN STATE Brokerage Phone: 862-684-7072 Listed on: 07/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,508
Year Built
- Built in 1872
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Private Driveway
Schools
- Cleveland Elementary School
- Rahway High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil Below Ground
Additional Features
- Storage Shed
- 8,712 Sq Ft Lot
- Unfinished Basement
Community Details
- 3,512 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 2913-00388-0000-00004-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,508 | $128,400 | $59,700 | $68,700 |
| 2024 | $9,209 | $128,400 | $59,700 | $68,700 |
| 2023 | $9,209 | $128,400 | $59,700 | $68,700 |
| 2022 | $9,016 | $128,400 | $59,700 | $68,700 |
| 2021 | $8,925 | $128,400 | $59,700 | $68,700 |
| 2020 | $8,892 | $128,400 | $59,700 | $68,700 |
| 2019 | $8,779 | $128,400 | $59,700 | $68,700 |
| 2018 | $8,594 | $128,400 | $59,700 | $68,700 |
| 2017 | $8,382 | $128,400 | $59,700 | $68,700 |
| 2016 | $8,203 | $128,400 | $59,700 | $68,700 |
| 2015 | $8,111 | $128,400 | $59,700 | $68,700 |
| 2014 | $7,966 | $128,400 | $59,700 | $68,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | Pending | -- | -- | -- |
| 09/16/2025 09/16/25 | Price Changed | $1,000,000 | -23.1% | $285 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $1,299,999 | -13.3% | $370 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $1,500,000 | -- | $427 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $90,000 | On Line Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $117,900 | FHA |
Source: Garden State MLS
MLS Number: 3977746
APN: 13-00388-0000-00004
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