54 W Cherry St #106, Rahway, NJ, 07065
About This Home
Perfectly positioned in the heart of downtown Rahway, this beautifully renovated one-bedroom condo offers the ultimate convenience?located directly across the street from the train, making it a dream for commuters. This bright and airy unit features high ceilings and an abundance of natural light, creating an open and inviting atmosphere throughout. The updated kitchen flows seamlessly into the living and dining areas, ideal for both everyday living and entertaining. The spacious bedroom, fully renovated bathroom, and in-unit laundry add to the comfort and functionality of the home. One assigned parking space is included for added convenience. Just steps from Rahway?s vibrant downtown, with restaurants, shops, and easy access to major highways, this is an incredible opportunity to own a move-in ready home at a budget-friendly price. Why rent when you can own and start building equity?
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Roof: Asphalt Shingle
- Construction materials: Brick
Notable Dates
- Major remodel year: 2020
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range/Oven-Gas,Gas Water Heater
Basement
- Basement: None
Bedroom1
- Level: Ground
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Living/Dining Combo
- Level: Ground
Features
- Bath Main,Dining Room,Kitchen,Living Room
- Flooring: Laminate
Heating & Cooling
- Heating features: 1 Unit,Heat Pump,Natural Gas
- Cooling features: 1 Unit,Central Air
Kitchen
- Features: Eat-in Kitchen
- Level: Ground
Living Room
- Level: Ground
Property
Details
- Parcel number: 2913001480000000250000C0106
Features
- Levels: One,One Floor Unit
- Stories: 1
Lot
- Lot size: 435.60 sqft
- Lot size dimensions: 20 x 30
Parking
- Total spaces: 1
- Parking features: 1 Car Width,Assigned
- Uncovered spaces: 1
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
- Winter Weather
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
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 | $1,390 | $16,680 |
| Home Insurance * | $70 | $840 |
| Property Taxes | $465 | $5,580 |
| Electricity | $193 | $2,318 |
| Total | $2,118 | $25,416 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Pending sale | $275,000 |
| 2026-04-14 | Listed for sale | $275,000 |
| 2024-08-28 | Listing removed | $2,100 |
| 2024-08-06 | Listed for rent | $2,100 |
| 2022-09-02 | Listing removed | -- |
| 2022-08-18 | Listed for rent | $1,850 |
| 2020-04-20 | Sold | $165,000 |
| 2020-03-18 | Pending sale | $159,999 |
| 2020-02-16 | Listed for sale | $159,999 |
| 2014-04-29 | Listing removed | $179,999 |
| 2014-01-31 | Listed for sale | $179,999 |
| 2012-01-03 | Listing removed | $159,999 |
| 2011-07-31 | Listed for sale | $159,999 |
| 2002-07-17 | Sold | $94,000 |
| 1999-10-06 | Sold | $61,000 |
View on Zillow