18 days on rocket

723-725 Westfield Ave, Elizabeth City, NJ, 07208

$1,297,500

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
Multi
Schools Nearby

Location

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723-725 Westfield Ave, Rahway$1,297,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Detached Garage
Garage2 spaces
HeatingMulti Unit(s), Baseboard, Natural Gas
BasementYes
MLS #3896230
StatusActive

About 723-725 Westfield Ave

Seize this lucrative investment opportunity with a unique duplex that hasn't graced the market in over half a century. Located at a desirable corner lot, this multi-use property features a sprawling layout with 6 bedrooms and 3 bathrooms, accommodating a diverse range of professional and personal needs. Envisioned as a two-unit duplex with additional spaces ideally suited for professionals such as doctors or lawyers, it includes a fully equipped office space that epitomizes professional grandeur.Step inside to discover a living space rich with potential, featuring expansive living and dining areas, a generously sized kitchen, and ample bedroom spaces distributed across the upper floors. The property's grandeur is enhanced by professionally landscaped grounds that frame a stunning custom inground pool with a waterslide, creating a serene oasis for relaxation or entertainment.Adding to its accessibility, a bus stop directly in front of the home offers convenient transit to NYC, making it a perfect blend of suburban tranquility and city connectivity.Offered as-is, this duplex also presents the possibility of commercial utilization or the exciting option of redevelopment into additional homes, subject to appropriate approvals.This property is not just a home or an office; it's a canvas awaiting your vision. Whether maintaining its esteemed legacy or reimagining it for the next generation, the potential here is only limited by your imagination.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex-Side by Side

Listing Office:

  • Office Name: BROOKMAN REALTY
  • Office Phone: (908) 355-1921

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Carpeting, Smoke Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Pool-In Ground, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler, Wood Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete, Detached Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Split Possible

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Baseboard, Natural Gas

School Info

Assigned Schools Information:

  • Rahway High School, Public District Grades 9-12
  • Rahway 7th and 8th Grade Academy, Public District Grades 7-8
  • Madison Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Use Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,297,500
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Housing Market Comparison

See how this home compares to others in Rahway, NJ.

Med. Sold Price

$445K

Med. Price/SqFt

$318

Avg. Days On Market

35

# of Sold Homes

14

723-725 Westfield Ave vs Rahway

18 DAYS ON ROCKET

-17 Days

$1,297,500

+$852.5K More

KEY TAKEAWAY

This property is $852.5K more than the Median Sold Price in Rahway, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3896230

Listing Office:

  • Office Name: BROOKMAN REALTY
  • Office Phone: (908) 355-1921

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 12:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6259042
3
/10
  • Madison Elementary School

  • 944 Madison Ave

  • 0.60 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6259043
3
/10
  • Rahway 7th and 8th Grade Academy

  • Kline Place

  • 0.46 miles

  • Public District Grades 7-8

High School

school-card-donut-6259044
2
/10
  • Rahway High School

  • 1012 Madison Ave

  • 0.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,325. The most common annual income of people living in Rahway, NJ is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyUnion CountyRahway07208723-725 Westfield Ave

This home is located at 723-725 Westfield Ave in Elizabeth City, NJ and zip code 07208. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,297,500.

In April 2024, from all listings sold in Rahway, NJ there were more than 9 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. In April 2024 in Rahway, NJ there were 24.7% more homes for sale than in March 2024. Listings spent 35 days on the market in April 2024, and had a median list price of $445,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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