Rahway, NJ Real Estate News

By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The real estate market typically slows down a bit over the winter, but a comparison of January 2013 with previous January statistics can give us an over all picture of how the market in Rahway has changed. For starters, we hardly ever examine the percent of the active inventory that sells but in Rahway this statistic provides a clear picture of the market over the past 9 years. It's clear that things are not worse than they were last year but there's been little improvement since the 2005-2006 real estate boom. A factor that we do often examine is the Days on Market. In Rahway, the homes that sold in January 2013 took longer to sell than homes over any previous January of the past 9 years. This bodes well for buyers but not so well for sellers - an increase in DOM often leads to lower p...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway, NJ is a city in southern Union County and 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. Another interesting thing you may not have known about Rahway are that it was the location where the first coin bearing the words E pluribus unum was coined.   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 1999 and a new parking deck was...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
483 Jensen Avenue in Rahway found new owners who are delighted to move into this split level 3 bedroom home on a large lot. This home sold at its appraisal price after 93 days on the market. But don't worry, home buyers. There's plenty of inventory left in Rahway to suit your home buying needs - 186 active listings as of today! Here's a sample: For more information on homes for sale in Rahway, call Team Zuhl at 908-917-4189.  How do additional bathrooms or bedrooms affect market value in Rahway?  Rahway schools JUMP in the Top Schools List!  Free Market Report of Rahway Homes!  168 Homes Sold in Rahway So Far This Year!  Rahway Market Trends  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
SOLD! An older home which needed updating, 483 Jensen Avenue found new owners who are delighted to move into this split level 3 bedroom home on a large lot in Rahway. 483 Jensen Avenue in Rahway is sold at its appraisal price after 93 days on the market – 24 days faster than the average 3 bedroom home in Rahway sold this month. How did Team Zuhl get this done? We held a broker’s open house which was very well attended by agents from our office and from other offices in the area. We held one public open house which saw better than average traffic. We wrote public blog posts, Facebook statuses, and Twitter feeds marketing the property for 3 months. We marketed the home verbally with other agents, pointing out the good bones and great location of the home so that agents could bring their b...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
  Get ready, Rahway  - Santa Claus is coming to town! Join us at City Hall Plaza tonight, November 23rd, at 7 pm for music and photos with Santa and the 32nd Annual Tree Lighting. Rahway welcomes the holidays as the jolly elf arrives to take photos with the good boys and girls who come out to see the tree lighting. Christmas carols will help set the tone for the beginning of the holiday season in Rahway!  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
 483 Jensen Ave is a beautiful 3 bedroom split level home in Rahway is now under contract! Featuring hardwood floors and a large corner lot,  483 Jensen Ave is going to make a great home for its new owners.      The ground level of this home is a family room with a door leading to a patio. Steps lead down to the storage basement and up to the bright sunny with a window overlooking the large yard. The living room leads up to the third floor with 2 bedrooms and the bathroom, and finally the fourth floor holds the third bedroom.   This home was offered at $209,000 and is now under contract. Call Team Zuhl at 908-917-4189 and let us help you get your home sold, too!
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
How do additional bathrooms or bedrooms affect market value in Rahway?   In all, 164 homes were sold in Rahway from January 1-June 30, 2012. The details of these sales were analyzed to determine how the number of bathrooms and the number of bedrooms affected sales price. The most obvious statistic is that the more bedrooms a home has, the higher the sales price. 2 bedroom homes sold for 35% more than 1 bedroom homes, and 3 bedroom homes sold for 47% more than 2 bedroom homes. 4 bedroom homes sold for 30% more than 3 bedrooms, but the increase to 5 bedrooms in Rahway only increased sale price by about 3%. More than 50% of the homes sold in Rahway are 3 bedroom homes, and about 21% are 4 bedroom homes. Increasing the number of bathrooms in a home improves sales price also, but not nearly ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
The first day of school for the nearly 4000 Rahway students will be Wednesday, September 5th. Click here to find the requirements for summer reading to be sure you're ready to start! Rahway's  PreK-5 students are served by 4 elementary schools. Grover Cleveland School - holding their Open House on Tuesday, August 28, from 10am to 12pm Franklin School Madison School Roosevelt School Older students in Rahway attend Rahway Middle School or Rahway High School.  For a list of school supplies, click here. Rahway High School will hold its Freshman Orientation from 11am to 1pm on Tuesday, September 4th.  Famous astronomer and RHS alum Carl Sagan has his own display case in the RHS library on the second floor.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Congratulations to the administration of Rahway public schools! In New Jersey Monthly's Top High Schools In New Jersey, published this week, Rahway jumps from #261 in 2011 to #191 in 2012 - representing a 70 point improvement and earning it a place in the Most Improved Schools list! According to New Jersey Monthly, some of the biggest moves are due to New Jersey’s new graduation-rate calculation - Instead of using the number of students moving on to postsecondary schools, this year's data uses the number of students actually graduating from a four year postsecondary school. Another data compilation change that may have resulted in a move is that New Jersey Montly no longer uses student/computer ratio as a ranking factor. They have also increased the weighting of test results. Rahway's p...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're thinking of buying or selling a home in Rahway, NJ, don't do it until you've read our free market report! Be sure that you're getting top dollar for your home by comparing it to other homes in the area that are like yours and have sold in the past few months. Homes for sale in Rahway: 483 Jensen Avenue 2258 Elizabeth Avenue Market Reports for Rahway: First half of 2012 March, 2012
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Welcome to 483 Jensen Avenue, Rahway! This beautiful home on a oversized corner lot is in move-in condition. It features: 3 bedrooms 1 bath finished basement eat in kitchen Inman Heights section of Rahway hardwood floors under carpets   Offered at $219,000! How much will it cost you to live here? Click here and then choose "Estimate my cost."
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway was the location of 168 home sales so far this year. The data comparing the homes is below, including the number of days on the market and the ratio between sale price and list price.     Rahway Home Sales - First Half of 2012           Home Description Total # of Homes Sold List Price Sale Price Days on Market Sale Price/List Price Ratio 1 Bedroom, 1 Bath 4 103,450 102,963 216 99 2 Bedroom, 1 Bath 21 140,896 131,236 86 93 2 Bedroom, 2 Bath 6 170,650 165,083 137 100 3 Bedroom, 1 Bath 65 207,455 195,234 111 94 3 Bedroom, 2 Bath 27 236,802 225,935 75 95 3 Bedroom, 3 Bath 1 265,000 200,000 482 75 4 Bedroom, 1 Bath 14 194,929 186,109 126 95 4 Bedroom, 3 Baths 4 466,375 411,250 107 91 4 Bedrooms, 2 Baths 16 314,013 296,375 140 94 5 Bedroom, 2 Baths 1 260,000 237,984 266 92 5 Bedrooms,...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway's Memorial Day Parade will be held on Sunday, May 27th, stepping off at 1:30 pm in front of City Hall at Main Street and E. Milton Avenue. It will pass down Irving Street to Main Street and end at City Hall. Rahway’s Department of Parks and Recreation will host the  The 12th Annual Mayor’s Trophy 5K Run including a 100 yards Pee Wee Run for the little folk on  Monday, May 28th. The top three male and female runners will earn prize money. The run will take place at the Rahway City Hall Complex at 3 City Hall Plaza. For times, please visit the Rahway website.  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Rahway, NJ, is a city in southern Union County, about a 15 mile commute from Manhattan. New Jersey Transit provides a direct train line from Rahway to New York on the North East Corridor Line. 26,000 people live in Rahway. 30% of all households in Rahway have one or more children in school. Rahway Public Schools consist of four PreK-5 elementary schools — Grover Cleveland School, Franklin School, Madison School, and Roosevelt School. Grades 6-8 attend Rahway Middle School and grades 9-12 attend Rahway High School. The area was once the home of the Lenni Lenape Native Americans and the city of Rahway itself was named for a local tribal chief. Rahway River Park is one of ten parks in Rahway. It contains several baseball fields with lots of picnic areas and a lake and public pool. The Rahw...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Whatever decision comes out of meetings hosted tomorrow by U.S. Interior Secretary Ken Salazar to negotiate a deal on the proposed Nantucket Sound wind farm is bound to leave somebody unhappy. Salazar called for the meetings last week on the heels of a finding by the National Park Service that the Sound is eligible to be listed on the National Register of Historic Places based on its cultural and archaeological significance to Indian tribes on Cape Cod and Martha's Vineyard.   Eligibility for the list of historic locations considered worthy of preservation does not mean the end for a plan by Cape Wind Associates, LLC, to build 130 turbines in the Sound; but with a compromise unlikely between the company and opponents of the project, Salazar will have to consider the finding as he decide...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
MORRIS PLAINS, N.J. - December 3, 2009 - Weichert Relocation Resources Inc. (WRRI), a global leader in relocation, cross-border and assignment management solutions, has launched the Relocation Next Practices blog as a valuable information resource for corporate relocation, HR and procurement professionals. The blog, which covers the latest workforce mobility trends and industry topics, can be found on WRRI's website at https://www.wrri.com/blog.   WRRI's Relocation Next Practices blog features insightful content from subject matter experts across WRRI's global operations, tackling topics of great interest to professionals who manage corporate relocation programs, including short sales, home pricing strategies, exceptions, policy upgrades, localization, buyer incentives and loss-on-sale ...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
It had to happen sooner or later. The combination of drastically lower prices for solar panels and the huge potential for industry growth is attracting the next level of industry players - the consolidatovrs.   It's a familiar trajectory: as an "immature" industry becomes more established, larger companies with greater marketing and financial muscle roll-up the many "mom and pops" into fewer larger firms.  That's beginning to happen with solar installation firms. A handful of solar integrators are buying small U.S. installers, and that's bound to increase. Akeena Solar (Nasdaq: AKNS), Real Goods Solar (Nasdaq: RSOL), Solar City (private), Renewable Energy Corp (REC.OL) and now Acro Energy Technologies (ART.V) are the most active consolidators. Acro Energy is positioning itself to become...
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By Jane Nicastro-Disch Warren NJ, NJ Estates Real Estate Group of Weichert Realtors
(Weichert Realtors)
Scientists use fiber optics instead of solar panels to capture sun's energy Like the idea of free and clean solar power but hate the thought of ugly, black panels covering the roof of your home? Help is on the way. Scientists in Georgia and New Jersey are taking solar panels off the roofs of homes and cars, and moving them into basements and walls. The new panels could unobtrusively provide solar power while simultaneously protecting the delicate photovoltaics. "No one wants to buy a big, nice, fancy car with a huge solar panel on the roof," said Zhong Wang, a scientist at Georgia Tech designing what he calls the world's first 3-D solar panel system. Story continues below ↓ Paul Stillwaggon, For All Your Real Estate Needs Contact New Jersey EstatesReal Estate Group E-mail: njestates@gma...
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By JR Sangiuliano
(CENTURY 21 JRS Realty)
No Time for Vacation   Khem Persaud Awarded Agent of the Month for July 2008Khem Persaud has no time for rest in the summer heat. The top agent in a company on the way up, Khem has posted a wonderful month helping buyers and sellers. Khem was busy this month selling 3 homes and listing 3 more for sale. Khem has been the most consistent agent at CENTURY 21 JRS Realty in 2008, and has no problem going the extra mile for his company and clients. Making c/o repairs or climbing in attics, it does not matter, Khem is going to get the job done for his clients. CENTURY 21 JRS Realty could not be more proud of Khem and is honored to have him as a member of their company. Khem helps make the company and everyone around him better with his work ethic and knowledge of the business. "I hope Khem und...
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By JR Sangiuliano
(CENTURY 21 JRS Realty)
Monday, April 14, 2008CENTURY 21 JRS Realty Attends Craft Fair And Gives BackOn Sunday April 13Th, 2008 CENTURY 21 JRS Realty agents were not home resting, instead they were serving the community. Sunday Audra Loccisano and Marci Hodges were hard at work giving gift bags away at a craft fair for Project Graduation in Rahway. CENTURY 21 JRS Realty does things like this every month of the year. "We feel if you are going to be a part of the community, then you also have to give back to your community". Said Marci and Audra. Congratulations to Audra and Marci on their efforts to give back to our community. To send Audra or Marci a thank you, visit them on the web at http://www.c21jrs.com/. I would like to applaud my agents for their efforts this past weekend at this craft fair.  This was no...
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