3 months on rocket

247 Elm Ave, Rahway City, NJ, 07065

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
House

Location

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247 Elm Ave, Rahway$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot-Exclusive, Detached Garage, Oversize Garage
Garage2 spaces
Year Built1920
HeatingMulti Unit(s), Natural Gas
BasementYes
MLS #3919667
Lot Size0.10 Acres
StatusActive

About 247 Elm Ave

Wonderful opportunity to convert this mixed use building back to a single family home or live in one unit and run your business out of the other. Located on one of the most desirable streets in Rahway, this dual zoned commercial building is well maintained and offers approximately 1692 sq ft above grade commercial space along with a finished basement, and above a residential unit with approximately 1961 sq ft spanning the second and third floors. First floor is also equipped with mini splits, home office and large open space that could be reconfigured to suit your needs. Basement features two finished rooms, half bath, and utility room. All utilities are recently updated with a direct hot water heater and two furnaces. Second floor features a living room, large eat in kitchen, two bedrooms and a full bath. Third floor has an additional living room, bedroom, storage area, and full bath. There is a large two car garage, parking lot, wheelchair ramp, and beautiful landscaping. Also listed under commercial MLS # 3919590. Business also available separately for sale MLS #3919593

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920

Listing Office:

  • Office Name: WEICHERT REALTORS
  • Office Phone: (973) 407-0315

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Gas Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Interior: Carbon Monoxide Detector, Fire Alarm Sys, High Ceilings

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Parking Lot-Exclusive, Detached Garage, Oversize Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Natural Gas

Other

Directions Information:

  • Directions: St. Georges or Irving to Elm

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
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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

247 Elm Ave vs Rahway

117 DAYS ON ROCKET

+77 Days

$725,000

+$240K More

KEY TAKEAWAY

This property is $240K more than the Median Sold Price in Rahway, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3919667

Listing Office:

  • Office Name: WEICHERT REALTORS
  • Office Phone: (973) 407-0315

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4390720
4
/10

  • Roosevelt Elementary School

  • 811 Saint Georges Ave

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-4390721
6
/10

  • Franklin Elementary School

  • 1809 Saint Georges Ave

  • 0.68 miles

  • Public District Grades PK-6

school-card-donut-4390722
2
/10

  • Madison Elementary School

  • 944 Madison Ave

  • 0.69 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,125. Residents of Rahway, NJ typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 247 Elm Ave

What is the listing price of this property?

The listing price of 247 Elm Ave property is $725,000.

What type of property is this?

The property 247 Elm Ave is a house located in Rahway City, New Jersey, 07065.

Is this property for sale now?

Active Listing: 247 Elm Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 247 Elm Ave has 3 bedrooms and 2 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 247 Elm Ave is 1920.

Rocket Homes›New Jersey›Union County›Rahway›07065›247 Elm Ave

This home is located at 247 Elm Ave in Rahway City, NJ and zip code 07065. This home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $725,000.

Over 13 listings were sold over their listed price in November 2024 in Rahway, NJ. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Rahway, NJ between October 2024 and November 2024 increased by 1.1%. The median list price of listings available in November 2024 was $485,000, while the average time on the real estate market was 40 days.

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

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