Rahway, NJ Real Estate News

By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
 Before you buy or sell a home in Rahway, your first step is to understand how the real estate market is performing. Here's what you need to know this summer. Inventory: There are currently 228 single family homes offered for sale in Rahway. This is slightly higher than previous years. Higher inventory sometimes leads to lower prices.Fifteen homes were sold in June in Rahway. This is much lower than we usually see in June.Prices: The average home that sold in Rahway in June was sold for $234,739. This is the highest average sale price we've seen in Rahway since last summer and higher than the 12 month average sale in Rahway which is $209,872. Sellers who want to get top dollar for their home will want to be sure that their marketing is on point and that their home is appropriately price...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The Rahway, NJ, Real Estate Market Report for First Quarter, 2015   Winter is the slowest time in Union County Real Estate. Not only do homes take longer than average to sell in the winter, they also sell for less in the winter than they do the rest of the year. But don’t think for even one moment that Rahway’s real estate market is dead in the winter! This winter, Rahway had 190 active listings and 36 sold listings. The average sale price this winter was $211,662 with the average home selling after 125 days. How does the winter of 2014-15 compare with previous years? Significantly more homes were sold this winter (36) compared to last winter (29). Inventory is slightly higher this year (190 listings) than last year (185). The average sale price in the first quarter of 2015 was $211,662...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
TEAM ZUHL  & Are proud to announce that 161 Cornell Avenue in Rahway Is now SOLD!!! This lovely, well cared for, 4 bedroom, 2 bath, split level home has sold for $288,000!  Through our marketing we were able to generate more than 25 showings and the house had multiple offers. If you or someone you know is thinking about selling their home, or they just want to know what it's worth, please have them contact us! Remember: With Team Zuhl everything we touch turns to SOLD!!!                
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Happy New Year!  Rahway  has had several revitalization projects in recent years. Its population is just over 27,000. Students in Rahway are served by Grover Cleveland School,  Franklin School, Madison School, and Roosevelt School, Rahway 7th & 8th Grade Academy for grades 7-8 and Rahway High School for grades 9-12. Before you buy or sell a home in Rahway, here's what you need to know for 2014: Inventory: There are currently 191 homes offered for sale in Rahway. The average active inventory in Rahway for 2014 was 214 homes - about 16% higher than 2013. Higher inventory helps to create a Buyers' Market in which there are more homes than people interested in buying a home. This has the tendency to reduce prices. Homes that are priced closer to value and homes that are well maintained sell...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
When I first started in Real Estate more than 7 years ago there was a little coffee shop/diner just down the road from the office.  The name of the place was Just Plain Dave's.  I'd gone there a few times over the years for breakfast or lunch.  The food was always good, but the place was small and cramped.  The site where the Just Plain Dave's used to be is going to be utilized for a CVS or some other chain store.  So Dave's needed a new home.  They found it at 956 Saint Georges Avenue in Rahway about 2 miles from their old location.  The other night Jean and I decideed to have dinner there before our weekly Sales Meeting.  Truth be told, I was looking forward to it.  I hadn't been to Dave's in a couple of years.   When we walked in I was blown away!  The place is beautifully decorated ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
When you're thinking of buying or selling a home, the first step is to understand local market conditions. Here's what you need to know about Rahway, NJ, for the month of July 2014.       For more information on selling a home:  3 Simple Steps To Selling Your Home Fast - 03/26/12 4 Ways to Get Union County Homes to Sell Quicker!! - 01/12/12 How Do Sellers Choose the Right Agent? Preparing Your Home to Sell PRIDE in Selling Your Home For more information on the Real Estate in Rahway and Linden: Spacious Split Level in Rahway - July 16, 2014 Rahway Real Estate Market Report June 2014 - July 7, 2014 Strong Buyers Market in Rahway - June 21, 2014 Linden and Rahway Real Estate - May 17 2014 Rahway and Linden Real Estate Market Report - April 17, 2014 Buyers Market in Rahway and Linden - 3/8/...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Before you buy or sell a home in Rahway, an important first step is to learn about the real estate market conditions. Here's what you need to know this month. Inventory: There are currently 216 homes offered for sale in Rahway.  They range in price from $29,000 to $539,000. Please click here to search the inventory and contact us when you're ready to schedule a showing! Prices:  The average sale price in Rahway in June was $212,508, slightly higher than the 12 month average of What does this mean to you? If you are a homeowner in Rahway and if you are considering selling your home, be sure that it is in perfect showing condition. Be sure to consult a Real Estate professional for a Comparative Market Analysis that will help you to price your home competitively. To view this month's infog...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
  Prices:  When Linden or Rahway homeowners are considering selling their homes, the average sale price in the area is an important factor to consider. As supply and demand fluctuate, so do sale prices of homes. Of course, there are other factors such as condition and location that affect the value of your home. The average sale price in Rahway and Linden in May of 2014 was $297,769, about even with last month.   Days on Market: Another factor to consider if you're thinking of selling your home is the length of time it takes to sell a home. Homes that are priced well and that are in good condition and easy to show will sell more quickly than homes that are over priced, outdated or poorly maintained, or difficult to show. The average length of time it took to sell a home in Rahway and L...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The Hot Rods and Harleys event was cancelled on Saturday due to inclement weather.  The good news is that the event will take place this Saturday, May 17th.  So if you couldn't make it last week, now you should have Saturday open to go and enjoy a fun filled family event.  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
This Saturday, May 10th will be the 14th annual Hot Rods and Harleys car show and motorcycle festival.  The events take place from 11am till 6pm in downtown Rahway.  Highlights of the event will be an appearance by the Original Motor Maid, 88 year old Gloria Struck as well as screenings of the movie Why We Ride at the Union County Performing Arts Center.  The rain date is May 17th. Rahway Bike Night is tonight (Thursday) starting at 6pm.  There will be a screening of Why We Ride at 8pm.   There will be performances by classic rock band, Raze the Bar as well as a barbecue and beverages. Admission for the movie is $10 or $20 for the Barbecue and the movie.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
How much do you know about Rahway? Let's take a simple quiz, shall we?    Q1. What's the population of Rahway? less than 15,000 between 15,000 and 25,000 between 25,000 and 35,000 more than 35,000     The answer is C - Rahway's population is just over 27,000.    Q2. Back in the days of the American Revolution, what was Rahway originally called? A.   Jamestown B.   Spanktown C.   Wheatville D.   Georgetown     The answer is B - The settlement of Spanktown participated in a battle of the Revolutionary War called the Battle of Spanktown. The name was later changed to Rahway.     Q3. What President visited  Rahway's Merchants and Drover's Tavern on the way to his innauguation? George Washington Abraham Lincoln Barack Obama George Bush     The answer is A. George Washington visited the taver...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The Union County city of Rahway is a city that is in the midst of a renaissance and has had several revitalization projects in recent years. Its population is just over 27,000. Students in Rahway are served by Grover Cleveland School,  Franklin School, Madison School, and Roosevelt School, Rahway 7th & 8th Grade Academy for grades 7-8 and Rahway High School for grades 9-12.   There are currently 179 homes offered for sale in Rahway - the lowest inventory since February and significantly lower than the average of 205 homes offered over the summer.     Twenty homes were sold in Rahway in November. The average sale price was $195,423.      Homes in Rahway sold in November after an average of 108 days on the market. Over the summer, homes were selling after an average of 70 days.   Team Zuh...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The real estate market in Rahway has had a tough recovery, but there are some good signs that recovery is on its way. One of the factors that real estate professionals use to  evaluate the strength of a real estate market is by the month's supply. This number tells us how many months it would take, at the current rate of sales, for all the current homes on the market to sell. Having less than 5 months of supply is what real estate professionals call a sellers' market - there are more buyers than sellers and homes are selling quicker than they are put on the market. Having more than 5 months of supply is what real estate professionals call a buyers' market - there are more sellers than buyers and homes are selling slowly. In Rahway, the inventory has 8.97 months of supply - certainly a b...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway, NJ  is home to nearly 28,000 people.  The area was once the home of the Lenni Lenape Native Americans and the city was named for a local tribal chief whose name was Rahwack. The corner of St. Georges Avenue and Westfield Avenue  was the site where George Washington met troops from Elizabeth and Newark during the Revolutionary War. Rahway public school children are served by four elementary schools, Rahway 7th and 8th grade Academy and Rahway High School. There are currently 180 homes offered for sale in Rahway. This is an 18% reduction in inventory since September of 2012. To browse all Rahway listings, click here. The average sale price of a home in Rahway in September was $224,856 which is 33% higher than the average sale price in September of 2012. Homes in Rahway sold after ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
 Rahway, NJ  is home to nearly 28,000 people.  The area was once the home of the Lenni Lenape Native Americans and the city was named for a local tribal chief whose name was Rahwack. The corner of St. Georges Avenue and Westfield Avenue  was the site where George Washington met troops from Elizabeth and Newark during the Revolutionary War.   Rahway public school children are served by four elementary schools, Rahway 7th and 8th grade Academy and Rahway High School.   There are currently 201 homes listed for sale in Rahway and 15 homes sold in July. The average home sold for $226,540 in July after 80 days on the market. You can see in the graph below that the average sale price of homes in Rahway has increased this summer and is currently higher than it has been in 18 months.            ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Real Estate Professionals judge the strength of a real estate market based upon the Months of Supply in the area. This number tells you how many months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past. A Months of Supply of 5 months is considered average - buyers and sellers are about equal in the area and homes are being bought at about the same rate that they are being put on the market. A Months of Supply of less than 5 months is what real estate professionals often call a "seller's market." This means that there are more buyers than sellers in the area and homes are selling quicker than they are being put on the market. Typically, this increases prices. A Months of Supply of greater than 5 months is what real estate pro...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway homeowners are ready to sell! Here are some things to consider before you list your home:   First, if there are any repairs necessary in your home, make them now, before you list the home. Things like dead light bulbs, leaky roofs, and broken windowsneed to be in working condition before you show your home.  Make any home improvements that will increase the value of your home - things like  a new front door, for example, will help to sell your home faster and will increase the price you get for your home.  Hire a real estate agent. Most sellers hire the first agent they interview, while others continue looking. However many agents you interview, you want to choose one that you trust. Of course, the agent will have a key to your home, but more importantly, they will be your repres...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway Real Estate Market Report - April, 2013 Located in southeastern Union County is the City of Rahway, NJ   Rahway is a city that is in the midst of a renaissance and has had several revitalization projects in recent years.    Rahway is home to nearly 28,000 people.  The area was once the home of the Lenni Lenape Native Americans and the city was named for a local tribal chief whose name was Rahwack. The corner of St. Georges Avenue and Westfield Avenue  was the site where George Washington met troops from Elizabeth and Newark during the Revolutionary War.   Rahway public school children are served by four elementary schools, Rahway 7th and 8th grade Academy and Rahway High School.   Commuting to and from New York City from Rahway is a breeze. Rahway Train Station was renovated in 1...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Team Zuhl &     Are proud to present 2258 Elizabeth Avenue   Come join us this Sunday May 19, 2013 For an Open House from 2pm till 4pm     This home features 3 bedrooms, 2 baths, partially finished basement and huge yard.  This house can be yours for only $199,900!!!
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Located in southeastern Union County is the City of Rahway.  Rahway is a city that is in the midst of a renaissance and has had several revitalization projects in recent years.   But Rahway is also rich in local history.  During the Revolutionary War the Battle of Spanktown took place in Rahway with the American troops killing more than 100 British soldiers.  The settlement of Spanktown later changed its name to Rahway. George Washington stopped at Rahway's Merchants and Drover's Tavern on the way to his innauguation in New York City in 1789.  The tavern still stands today on the corner of Saint George's Avenue and Westfield Avenue.   Diagonally across from the tavern is a memorial park honoring several of Rahway's veterans of m any wars.   After the Revolutionary War, Rahway was the ho...
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