Union County  »  388-398 Union St

388-398 Union Street, Rahway, NJ 07065 Property Information

388-398 Union Street, Rahway, NJ 07065 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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388-398 Union Street, Rahway, NJ 07065
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Address

Primary address 388-398 Union Street, Rahway
Zip code 07065
County Union
Municipality Rahway City
Block 216
Lot 14

Sales & Tax Overview for 388-398 Union Street, Rahway

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

Sale date 02/01/2018
Sale price $1,481,000
Arm's length
Current property tax $35,405

Lot & Building Information for 388-398 Union Street, Rahway

Building class Apartment-Other (029)
Acreage 0.321
Year built 1968
Units 12
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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 388-398 Union Street, Rahway

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  • • Improvements for 388-398 Union Street, Rahway , including their type, square footage, grade and when they were built.
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About 388-398 Union Street, Rahway

When was 388-398 Union Street, Rahway, NJ 07065 built?

388-398 Union Street, Rahway, NJ 07065 was built in 1968.

What is the assessed value of 388-398 Union Street, Rahway, NJ 07065 and the property tax paid?

Assessed at $455,600, the tax amount paid for 388-398 Union Street, Rahway, NJ 07065 is $34,552.

When was 388-398 Union Street, Rahway, NJ 07065 last sold and what was the last sale price?

388-398 Union Street, Rahway, NJ 07065 was last sold in 02/01/2018 for $1,481,000.

How many residential units does this building have?

This building has 12 residential unit(s). There are 1 active listings at this address.

Ownership Information

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Spaces for Sale in 388-398 Union Street, Rahway

Fully Occupied 12-Unit Apartment Building with Value-Add Potential
Listing type For Sale
Listing date 12/03/2025
Last updated 04/30/2026

Centrally located in Rahway and close to major highways, including Routes 1, 9, 27, the Garden State Parkway and less than a 1/2 mile to the Rahway Train Station and performing arts district. Within walking distance of shopping and Rahway River Park. Rahway offers various attractions like the Union County Performing Arts Center, the Rahway Public Library, and numerous art galleries and restaurants.Attractive, fully leased ±9,478 SF brick-faced apartment building situated on ±0.32 acres. Property features 12 well-maintained residential units.

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Brokers

Douglas Sitar
Active Listings For This Property:
For Sale Fully Occupied 12-Unit Apartment Building with Value-Add Potential
Fully Occupied 12-Unit Apartment Building with Value-Add Potential
388-398 Union Street, Rahway
Property Multi-Family
Availability Spaces listed / Sqft
Price $2,800,000
Real Estate Reports:
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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Past Sales & Property History for 388-398 Union Street, Rahway

Create a free account to view the complete sales history for 388-398 Union Street, Rahway, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
02/01/2018 $1,481,000
11/17/2015 $1,315,000
08/08/2015 $1
       
       
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*Here are the three most recent sales for this property.


Title Documents for 388-398 Union Street, Rahway

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
02/21/2023 - D
03/10/2023 - R
Mortgage
02/21/2023 - D
03/01/2023 - R
Mortgage
02/01/2018 - D
02/23/2018 - R
Deed and Realty Tax Fees
11/17/2015 - D
11/20/2015 - R
Deed and Realty Tax Fees
08/08/2015 - D
10/05/2015 - R
Deed and Realty Tax Fees
12/28/1984 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 388-398 Union Street, Rahway

Access detailed property tax data for 388-398 Union Street, Rahway, NJ 07065. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $34,553
Current property tax $35,405
Market value $455,600

Assessment History for 388-398 Union Street, Rahway

Here's the assessment & property tax history for 388-398 Union Street, 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 $455,600 $455,600 7.584 $34,553 +2.42%
2024 $455,600 $455,600 7.405 $33,737 +3.25%
2023 $455,600 $455,600 7.172 $32,676 +2.14%
2022 $455,600 $455,600 7.022 $31,992 +1.02%
2021 $455,600 $455,600 6.951 $31,669 +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

Create a free account to unlock extended information for 388-398 Union Street, Rahway, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

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 388-398 Union Street, 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 388-398 Union Street, Rahway

Here are the neighbors for 388-398 Union Street, Rahway.

Address Square feet Purchase date Purchase price
1754 Whittier St, Rahway 01/05/2021 $1
381 Union St, Rahway 2,022 04/10/2008 $1
393 Union St, Rahway 2,024 09/01/2009 $180,000
412 Union St, Rahway 1,830 06/13/2016 $330,000
1745 Oliver St, Rahway 384 07/24/2012 $51,057
419 W Grand Ave, Rahway 7,510 09/21/2011 $1,100,000
407 W Grand Ave, Rahway 2,270 01/03/1991 $100,000
1772-1776 Whittier St, Rahway 3,128 11/17/2020 $1
424 Union St, Rahway 1,326 06/27/2023 $410,000
434 Union St, Rahway 1,763 11/08/2024 $400,000
1758 Whittier St, Rahway 2,488 05/19/2022 $600,000
371-375 Union St, Rahway 2,432 06/30/2009 $185,000
440-444 Union St, Rahway 2,388 12/06/2021 $612,000
1743 Oliver St, Rahway 776 11/13/2020 $1
1739 Oliver St, Rahway 776 01/15/2022 $300,000
1764-1768 Whittier St, Rahway 2,538 05/24/2007 $1
387 Union St, Rahway 1,144 12/07/2015 $228,000
368 Union St, Rahway 1,631 04/02/2025 $350,000
407 Union St, Rahway 2,053 08/29/2006 $1
1751-1759 Oliver St, Rahway 3,336 05/03/2022 $1

Nearby ZIP Codes for 388-398 Union Street, Rahway

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