Rahway Real Estate Market Report - April, 2013

Real Estate Agent with Remax First Realty II 0790808

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 1999 and a new parking deck was built in 2005. A train ride from the Rahway Train Station to Penn Station in NYC takes about 40 minutes.


The housing inventory in Rahway dropped over the winter but has been increasing since March and now there are 187 active listings in Rahway. Ten homes were sold in April and a total of 44 homes have been sold so far in 2013.



Homes in Rahwaysold quickly in spring and early summer of 2012 with an average days on market in May of 2012 of only 79 days. In April of 2013, the average days on market of a home in Rahway was 101 days. Sellers who want to sell their home quicker should be sure that it is marketed properly. Here is a link to a free video on selling your home. You also could consider an incentive such as a home warrantee.

Sale prices in Rahway are lower now than they were a year ago. With a high inventory, this is unlikely to change any time soon.

Buyers are making purchases of homes at an average of 90% of their list price in Rahway.

To see houses for sale in Rahway, click here. If you're considering selling your home, contact us for a free comparative market analysis.


For more information on Rahway Real Estate:

Rahway, NJ - A brief historical look - 03/04/13

Rahway Real Estate Market Report - January-March, 2013 - 04/05/13

How long will my Union County home be on the market? - 02/24/13

The Winter Real Estate Market in Rahway - 02/23/13

Buying or Selling a Home in Rahway, NJ - 01/12/13

How do additional bathrooms or bedrooms affect market value in Rahway? - 10/15/12 

Free Market Report of Rahway Homes! - 08/13/12

Rahway Market Trends - 03/25/12

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.


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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

Comments (1)

Beth and Richard Witt
Long Island Cash Home Buyer - Center Moriches, NY
Long Island Cash Home Buyer 516-330-6940

Looks like our market places have a lot in common... I had no idea the commute to Manhattan was only 40 minutes... Hope you guys are having a Happy Day...

May 27, 2013 03:27 AM