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    747 Rahway Ave Elizabeth, NJ 07202

    For Sale
    $1,275,000

    New construction two-family home with separate utilities and garage.

    Lot size:
    0.12 Acres

    Property Features for 747 Rahway Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    2025

    Source: EXIT REALTY LUCKY ASSOCIATES Agent SOPHIA CARDOSO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Two-Family Home

    This new two-family home features two apartments, each containing 3 bedrooms, a living room, a dining room, a kitchen, a laundry room, and two full bathrooms. The first floor includes an oversized two-car garage, a large recreation room with a full bathroom, and a laundry room. Wood and ceramic floors are installed throughout the building, with vinyl flooring on the ground level. The property has central air conditioning and heating, as well as separate utilities for each unit. An owner-occupied house may qualify for a 5-year tax abatement.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.23161
    Latitude
    40.655693

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    FAQs

    What type of property is this?
    Duplex - New construction two-family home with separate utilities and garage.
    Where is this duplex located?
    The property is located at 747 Rahway Ave Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Brand new two-family home built in 2025.; - Two apartments, each with 3 bedrooms, living room, dining room, kitchen, laundry room, and two full bathrooms.; - Enjoy the oversized two-car garage and large rec room with full bathroom on the first floor.
    (908) 289-7746
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    747 Rahway Ave Elizabeth, NJ 07202
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    Elizabeth, NJ 07202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    747 Rahway Ave Elizabeth, NJ 07202
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