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264 Walters St, Rahway, NJ, 07065

3beds
2baths
--sqft
$540,000
--price/sqft
$3,973/moest. monthly cost
$158,920/yrincome needed

About This Home

NEW PRICE! Beautifully renovated and move-in ready, this 3-bedroom, 2-bath home offers the perfect blend of modern updates and functional living space. The inviting first floor features a bright living room, formal dining room, heated three-season porch, and a first-floor bedroom, providing flexibility for guests, a home office, or convenient one-level living. At the center of the home is the updated eat-in kitchen, complete with sleek appliances, abundant cabinetry, a pantry, and generous counter space designed for both everyday living and entertaining. Upstairs, you'll find two additional bedrooms and a spacious full bath featuring a jacuzzi tub and separate stall shower. The finished basement expands the living space even further with recessed lighting, a second full bath, laundry area, and endless possibilities for a recreation room, home gym, playroom, or work-from-home setup. Additional highlights include hardwood floors, recessed lighting, ample closet space, a detached two-car garage, a long driveway with plenty of off-street parking, and a private backyard perfect for relaxing or entertaining. Ideally situated just 0.9 miles from the Rahway Train Station, this home offers convenient access to transportation, shopping, dining, and major roadways. Thoughtfully updated throughout, 264 Walters Avenue is ready for its next chapter.

Getting Around

79
WalkingVery Walkable
42
TransitSome Transit
53
BikeBikeable

Schools

3/10
5/10
Rahway Middle SchoolGrades PK,7-81.0 mi
1/10
Rahway High SchoolGrades 9-120.7 mi

Construction

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Range/Oven-Gas,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Features: Bath(s) Other, Laundry Room, Rec Room, Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 182

Features

  • Florida/3Season,Rec Room
  • Flooring: Tile,Vinyl-Linoleum,Wood

Heating & Cooling

  • Heating features: Radiators - Steam,Natural Gas
  • Cooling features: Wall Unit(s)

Kitchen

  • Features: Separate Dining Area
  • Level: First
  • Area: 80

Living Room

  • Level: First
  • Area: 220

Master Bathroom

  • Features: Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 2913000720000000130000

Lot

  • Lot size: 4,356 sqft
  • Features: Level
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 6
  • Parking features: 2 Car Width,Asphalt,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,730$32,760
Home Insurance *$137$1,644
Property Taxes $913$10,956
Electricity $193$2,318
Total$3,973$47,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,217/yr
40% on housing$119,190/yr
45% on housing$105,946/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07065$286
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07065$392
Union County$416

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Price change$540,000
2026-06-17Listed for sale$550,000
2025-09-25Listing removed$3,500
2025-09-15Price change$3,500
2025-09-04Listed for rent$3,650
2020-02-15Listing removed$2,500
2020-02-03Listed for rent$2,500
2019-07-23Listing removed$2,500
2019-07-07Listed for rent$2,500
2018-03-03Listing removed$2,200
2018-02-24Listed for rent$2,200
2016-08-07Listing removed$2,100
2015-02-20Listing removed$2,000
2015-02-14Listed for rent$2,000
2014-11-19Listing removed$310,000
2014-08-06Listed for sale$310,000
2012-10-24Listing removed$1,900
2012-10-14Listed for rent$1,900
2011-10-07Listing removed$2,300
2011-06-09Listed for rent$2,300
2007-09-24Sold$293,000
1996-10-02Sold$107,000

For Sale by Agent

AgentCynthia Cartagena
BrokerageColdwell Banker Realty

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