Closed$479,000
TLC ≈ $3,978/mo
3 1 —
346 Ella Avenue, Avenel, NJ 07001
161 W Inman Ave Avenue, Rahway, NJ 07065
$699,900
0 beds 2 baths — Built 19550 days on marketActive
About this home
Beautifully renovated just two years ago, this 2-family home is ideally located just one mile from Rahway Train Station! Each unit features an open-concept living room and kitchen, 2 bedrooms, 1 updated full bath, separate central A/C, forced hot air, hot water heater, electric service, and laundry hookups. The property also offers private finished walkout basement storage with separate entrances for each unit and ample off-street parking on a 50' x 137' lot. Both units are currently occupied, making this an excellent investment opportunity. Current rents are $2, 300/month (Unit 1) and $2, 250/month (Unit 2). Not located in a flood zone.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$6,978/mo
- Real estate (PITI + HOA + PMI)
- $6,779
- Utilities
- $469
- Transportation
- $148
- Other (entertainment)
- $157
Principal + interest$4,509
Property tax + insurance$2,008
PMI / 2nd mortgage$262
Heating + cooling$98
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$148
Budget$7,478/mo
Remaining after TLC$500/mo
Purchase price
$699,900
Down payment
$34,995 (5%)
Loan amount
$664,905
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1955
Lot size
—
Stories
2
Heating
Central, Forced Air
Cooling
A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
Water
Public
HOA
—
Annual tax
$15,789
MLS #
2700628R
County
Union
At a glance
Basement
Home features
Appliances
Water Heater(See Remarks)Water Heater
Interior
Unit 1(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room2 BedroomsKitchen1 BathLiving Room)
Exterior
BarbecuePatioDeck
Patio & porch
PatioDeck
Roof
Asphalt
Sewer
Public Sewer
Ownership
See Remarks
Lot features
See Remarks
Neighborhood — 07065
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 27,577 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 6,754 | 1,137 | — |
| Male | 13,252 | 4,307,827 | 147,432,321 |
| Female | 14,325 | 4,525,010 | 151,655,844 |
| Never Married | 6,400 | 1,965,811 | 63,775,926 |
| Married | 10,553 | 3,647,435 | 123,120,365 |
| Separated | 1,279 | 391,239 | 12,639,686 |
| Widowed | 1,860 | 515,172 | 15,467,586 |
| Divorced | 1,839 | 529,393 | 23,075,029 |
| Number Of House Hold | 10,401 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.64 | 2.73 | 2.60 |
| Medial Age | 37.12 | 37.15 | 35.46 |
| Median House Hold Income | $57,792 | $63,392 | $48,276 |
| Average House Hold Income | $68,933 | $83,312 | $63,629 |
| P C I | $26,331 | $30,662 | $24,529 |
| M D I | $48,159 | $52,505 | $41,133 |
| A T H E | $54,395 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 75.14% | 81.02% | 77.74% |
(Zip) Code
7065
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 7/13/2026. Provided courtesy of COLDWELL BANKER REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.