196 E Grand Ave, Rahway, NJ, 07065
About This Home
Great investment or Owner-occupant opportunity in the heart of Rahway! This well-located two-family home offers two 1-bedroom units, each featuring a formal living room and formal dining room, providing comfortable and functional layouts.The property also offers excellent potential for expansion with a spacious attic and basement, ideal for additional space. Conveniently situated near major highways, shopping, dining, and public transportation, making commuting a breeze.perfect for living in one unit while generating rental income from the other. Don?t miss this opportunity!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Bedrooms,Dining Room,Eat-in Kitchen,Kitchen,Living/Dining Room,Living Room
- Number of fireplaces: 1
- Fireplace: Yes
Heating
- Heating features: 2 Units,Baseboard - Hotwater,Natural Gas
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2913003800000000050001
Features
- Levels: Two
- Stories: 2
- Fencing: Metal Fence
Lot
- Lot size: 4,356 sqft
- Features: Irregular Lot
- Lot size dimensions: .1247 AC
Parking
- Total spaces: 2
- Parking features: 2 Car Width,Additional Parking,On Street
- Uncovered spaces: 2
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
- Winter Weather
- Coastal Flooding
- Earthquake
- Heat Wave
- Ice Storm
- 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 | $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 |
|---|---|---|
| 2026-03-29 | Listed for sale | $699,900 |
| 2026-03-11 | Sold | $700,000 |
| 2015-05-29 | Sold | $125,000 |
| 2015-02-04 | Listed for sale | $199,000 |
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