355 W Scott Ave
Rahway City, NJ 07065
Price: $750,000
GSMLS: 4027515Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1922
Acres: 0.10
Property Tax: $13,802
Description
This property qualifies for a seller-paid rate buydown through List & Lock with rates as low as 5.75% APR 6.088% as of 05/13/2026. Terms apply; see disclosures for details. Spacious 2-family duplex offering excellent investment and owner-occupant potential in a commuter-friendly Rahway location. First-floor unit features 3 bedrooms, 2 full baths, living area with fireplace, and functional layout. Second-floor unit, including finished attic space, offers 2 bedrooms and 1 full bath. Partially finished basement includes large recreation/living area, second fireplace, half bath, and additional storage space. Separate living areas provide flexibility for rental income. Property also features a spacious backyard and oversized driveway with ample off-street parking. Major updates include newer water heaters and baseboard heating boiler systems. Conveniently located near downtown Rahway, NJ Transit train station, shopping, restaurants, parks, major highways, and public transportation with easy access to NYC commuting routes. Great opportunity for investors or buyers seeking income-producing property in Union County.
General Info
Style:
2-Two Story
SqFt Building:
2,320
Total Rooms:
n/a
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
See Remarks
Exterior:
See Remarks
Lot Size:
70X101
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
See Remarks
Heating Fuel:
See Remarks
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Rahway City
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$13,802
Land Assessment:
$62,200
Build. Assessment:
$119,800
Total Assessment:
$182,000
Tax Rate:
7.58
Tax Year:
2025
Listing Information
MLS ID:
4027515
List Date:
05-13-2026
Days On Market:
6
Listing Broker:
RE/MAX SELECT
Listing Agent:
Nikita Sergey Mamontov
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
