161 W Inman Ave, Rahway, NJ, 07065
About This Home
Beautifully renovated just two years ago, this 2-family home is ideally located just one mile from Rahway Train Station! Each unit features an open-concept living room and kitchen, 2 bedrooms, 1 updated full bath, separate central A/C, forced hot air, hot water heater, electric service, and laundry hookups. The property also offers private finished walkout basement storage with separate entrances for each unit and ample off-street parking on a 50' x 137' lot. Both units are currently occupied, making this an excellent investment opportunity. Current rents are $2,300/month (Unit 1) and $2,250/month (Unit 2). Not located in a flood zone.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(See Remarks),Water Heater
Basement
- Has basement: Yes
- Basement: Finished, Daylight, Storage Space, Laundry Facilities
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: A/C Central - All,Unit 1(A/C Central),Unit 2(A/C Central)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2913000790000000080000
Features
- Stories: 2
- Patio & porch: Patio,Deck
- Exterior features: Barbecue,Patio,Deck
Lot
- Features: See Remarks
- Lot size dimensions: 0.00 x 0.00
Parking
- Parking features: See Remarks
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
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $178 | $2,136 |
| Property Taxes | $1,183 | $14,196 |
| Electricity | $193 | $2,318 |
| Total | $5,093 | $61,116 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Pending sale | $699,900 |
| 2026-07-08 | Listed for sale | $699,900 |
| 2023-05-30 | Sold | $610,000 |
| 2023-05-09 | Pending sale | $569,000 |
| 2023-04-28 | Listed for sale | $569,000 |
| 2022-12-21 | Sold | $358,000 |
For Sale by Agent
View on Zillow