Union County  »  488-492 W Grand Ave

488-492 West Grand Avenue, Rahway, NJ 07065 Property Information

488-492 West Grand Avenue, Rahway, NJ 07065 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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488-492 West Grand Avenue, Rahway, NJ 07065
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Address

Primary address 488-492 West Grand Avenue, Rahway
Zip code 07065
County Union
Municipality Rahway City
Block 165
Lot 17

Sales & Tax Overview for 488-492 West Grand Avenue, Rahway

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/31/2024
Sale price $775,000
Arm's length
Current property tax $12,504

Lot & Building Information for 488-492 West Grand Avenue, Rahway

Building sqft 3,156
Building class Office with Residential (565)
Acreage 0.143
Year built 1870
Units 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 488-492 West Grand Avenue, Rahway

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About 488-492 West Grand Avenue, Rahway

How many sq. ft. does 488-492 West Grand Avenue, Rahway, NJ 07065 have & what is the price per sq. ft?

This Office with Residential (565) located at 488-492 West Grand Avenue, Rahway, NJ 07065 has a total of 3,156 square feet and a current price per square foot of $245.

What is the year built & the current market value of 488-492 West Grand Avenue, Rahway, NJ 07065?

488-492 West Grand Avenue, Rahway, NJ 07065 was built in 1870 and has a current tax assessor's market value of $160,900.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 488-492 West Grand Avenue, Rahway

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Purchase date Purchase price Buyer name Seller name
10/31/2024 $775,000
02/19/1999 $150,000
       
       
       
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Title Documents for 488-492 West Grand Avenue, Rahway

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
10/31/2024 - D
11/13/2024 - R
Mortgage
10/31/2024 - D
11/13/2024 - R
Mortgage 11/01/2054
10/31/2024 - D
11/13/2024 - R
Deed and Realty Tax Fees
02/19/1999 - D Deed and Realty Tax Fees
                   
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R: Recorded date
D: Document date

Property Taxes for 488-492 West Grand Avenue, Rahway

Access detailed property tax data for 488-492 West Grand Avenue, Rahway, NJ 07065. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $12,203
Current property tax $12,504
Market value $160,900

Assessment History for 488-492 West Grand Avenue, Rahway

Here's the assessment & property tax history for 488-492 West Grand Avenue, Rahway, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $160,900 $160,900 7.584 $12,203 +2.42%
2024 $160,900 $160,900 7.405 $11,915 +3.25%
2023 $160,900 $160,900 7.172 $11,540 +2.14%
2022 $160,900 $160,900 7.022 $11,298 +1.02%
2021 $160,900 $160,900 6.951 $11,184 +0.38%

Demographics by Zip Code

Total population 30,109
Median age 39.7
Average household income $104,551
Family households 64.4%
Occupied housing units 12,257
Owner occupied units 51.5%
Average number of people per household 2.45
Median year structure built 1962
Median value for units with a mortgage $389,400
Median value for units without a mortgage $380,700

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 488-492 West Grand Avenue, Rahway to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 488-492 West Grand Avenue, Rahway

Here are the neighbors for 488-492 West Grand Avenue, Rahway.

Address Square feet Purchase date Purchase price
433 Hamilton St, Rahway 1,449 06/04/2003 $173,100
538 W Grand Ave, Rahway 3,480
1658 Oliver St, Rahway 1,040 03/05/2002 $164,000
453-457 Hamilton St, Rahway 1,646 01/10/2024 $360,000
511 Seminary Ave, Rahway 6,837 04/12/2022 $700,000
444-448 W Grand Ave, Rahway 04/30/2025 $225,000
1668 Oliver St, Rahway 1,382 10/26/1989 $140,000
480 W Grand Ave, Rahway 2,380 04/10/2018 $1
454 W Grand Ave, Rahway 1,952 06/27/1994 $120,000
469-471 Hamilton St, Rahway 1,792 05/15/2024 $480,000
520 W Grand Ave, Rahway 1,697 09/30/2019 $1
1657-1659 Church St, Rahway 3,712 05/09/2016 $439,000
1645-1651 Church St, Rahway 3,840 04/07/2025 $1,065,000
498-500 W Grand Ave, Rahway 2,816 12/13/2019 $475,000
528 W Grand Ave, Rahway 3,480
548 W Grand Ave, Rahway 07/31/1978 $63,000
1678 Oliver St, Rahway 700 10/09/1992 $120,000
447 Hamilton St, Rahway 1,468 05/31/2022 $470,000
512 W Grand Ave, Rahway 1,776 08/09/2018 $205,000
531 Seminary Ave, Rahway 1,554 05/12/2010

Nearby ZIP Codes for 488-492 West Grand Avenue, Rahway

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