11 days on rocket

1138 Elm Ter, Rahway, NJ, 07065

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
1 Full Bath
1,305 SqFt
$402/SqFt
House

Location

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1138 Elm Ter, Rahway$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #240023425
StatusActive
(ACTIVE)

About 1138 Elm Ter

Located in the highly desirable Milton Lake Park area, this charming 4-bedroom Cape Cod home sits on a quiet, tree-lined street, offering a peaceful retreat with easy access to local amenities. The main level features hardwood floors throughout, a spacious living room, and an open kitchen with stainless steel appliances and quartz countertops. Two bedrooms on the main floor offer customized closets, with a full bathroom featuring a jacuzzi bathtub for added comfort and convenience. Upstairs, you'll find two additional good-sized bedrooms, one with a cedar closet, and both with new carpeting. The backyard is a peaceful retreat, perfect for relaxation or entertaining, complete with a tankless gas grill and patio furniture. The attached garage offers convenience with a remote door opener, and a new central air system ensures comfort year-round. This home is just minutes from local schools, parks, and Milton Lake, ideal for fishing or scenic lakeside escape. With easy access to major highways and public transportation (NJT) to NYC, it's perfect for commuters. The full unfinished basement with high ceilings offers excellent potential for customization. Currently set up with a laundry area and home gym space, it provides ample room for storage or expansion. This home is move-in ready and waiting for you to make it your own. Don't miss out on this beautiful property!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Living Area: 1,305 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS CITY LIFE REALTY
  • Office Phone: (201) 659-8600

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Gas Oven, Gas Range, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $9,196
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rahway, NJ.

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Rahway, NJ

City

Med. Sold Price

$485K

Med. Price/SqFt

$328

Avg. Days On Market

40

# of Sold Homes

16

1138 Elm Ter vs Rahway

11 DAYS ON ROCKET

-29 Days

$525,000

+$40K More

$402/SqFt

+$73 More

KEY TAKEAWAY

This property is $40K more than the Median Sold Price and $73/SqFt more than other homes in Rahway, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240023425

Listing Office:

  • Office Name: KELLER WILLIAMS CITY LIFE REALTY
  • Office Phone: (201) 659-8600

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 04, 2005Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,196$134,500
2019$9,002$134,500
2018$8,780$134,500
2017$8,780$134,500

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4310645
2
/10

  • Madison Elementary School

  • 944 Madison Ave

  • 0.28 miles

  • Public District Grades PK-6

school-card-donut-4310646
4
/10

  • Roosevelt Elementary School

  • 811 Saint Georges Ave

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-4310647
6
/10

  • Pennsylvania Avenue Elementary School

  • Pennsylvania Avenue

  • 0.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,458. The most common annual income of people living in Rahway, NJ is between $100k-200k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1138 Elm Ter

What is the listing price of this property?

The listing price of 1138 Elm Ter property is $525,000.

What type of property is this?

The property 1138 Elm Ter is a house located in Rahway, New Jersey, 07065.

Is this property for sale now?

Active Listing: 1138 Elm Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,196 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 4, 2005 for $325,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1138 Elm Ter has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1138 Elm Ter is 1,305 SqFt (source: MLS/tax record).

Rocket Homes›New Jersey›Union County›Rahway›07065›1138 Elm Ter

This home is located at 1138 Elm Ter in Rahway, NJ and zip code 07065. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $525,000.

In November 2024 more than 13 listings in Rahway, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. In November 2024 in Rahway, NJ there were 1.1% more homes for sale than in October 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $485,000.

From Rocket Homes Real Estate and based on county public records data.

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