91 Elm Ave Rahway, NJ 07065
Estimated payment $4,447/month
Highlights
- Deck
- 3-minute walk to Rahway
- Storage Shed
- Level Lot
About This Home
Turn Key investment with two long term tenants. 2 wonderful units one block from the NJ Transit direct line to NYC. Location is amazing ! Permit parking for tenants on street at no extra cost. Enjoy all the local living Rahway offers without having to have a car. Hop on one of the 2 NJ Transit lines converging in Rahway Station to either go to the city or to the Jersey coast line. Home has lots of amenities including 2 separate decks, one for each unit. Laundry hookups in basement accessible from inside the lower unit and from the walk out door for the upstairs unit. Lower unit has 2 BR and 2 full baths while the upstairs has 3 BRs and 2 Baths. Separate utilities for each unit.. Not a flood area. Tenants are M to M but would like to stay. This property is great as an investment/tenant or for owner occupancy. Units are spacious &well laid out. Walk to the train station is under a minute in a rush, 3 minutes at slow pace. Rahway has many restaurants & great social/city calendar to enjoy.SEE & READ REMARKS ABOUT SHOWING INSTRUCTIONS!
Listing Agent
HOWARD HANNA RAND REALTY Brokerage Phone: 908-587-0090 Listed on: 08/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,173
Year Built
- Built in 1939
Lot Details
- 4,356 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Storage Shed
Schools
- Rahway High School
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Underground Utilities
- Gas Water Heater
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 2913-00153-0000-00020-0000-
- Tax Block *
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 | $12,174 | $164,400 | $39,100 | $125,300 |
| 2024 | $11,791 | $164,400 | $39,100 | $125,300 |
| 2023 | $11,791 | $164,400 | $39,100 | $125,300 |
| 2022 | $9,887 | $140,800 | $39,100 | $101,700 |
| 2021 | $9,787 | $140,800 | $39,100 | $101,700 |
| 2020 | $9,750 | $140,800 | $39,100 | $101,700 |
| 2019 | $9,627 | $140,800 | $39,100 | $101,700 |
| 2018 | $9,424 | $140,800 | $39,100 | $101,700 |
| 2017 | $9,191 | $140,800 | $39,100 | $101,700 |
| 2016 | $8,996 | $140,800 | $39,100 | $101,700 |
| 2015 | $8,894 | $140,800 | $39,100 | $101,700 |
| 2014 | $8,735 | $140,800 | $39,100 | $101,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $647,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $421,000 | Noble Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,750 | New Conventional |
Source: Garden State MLS
MLS Number: 3983951
APN: 13-00153-0000-00020
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