The story of this market
The typical home in ZIP 07065 sells for about $520,000, or $325 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,845 a month.
ZIP 07065 — Rahway
The Rahway housing market remains stable with steady demand driven by its transit-oriented location and relative affordability compared to closer NYC suburbs. Inventory remains tight, supporting moderate price appreciation despite broader economic headwinds. Buyers are primarily focused on move-in-ready homes near the downtown transit hub.
This ZIP is ideal for commuters seeking a balance between urban accessibility and suburban amenities, as well as families looking for established neighborhoods with direct rail access to major employment centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.3% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 07065, Union County NJ
Rahway generally experiences crime rates consistent with urban centers in the New York metropolitan area, with property crime being more prevalent than violent crime. Local law enforcement maintains active community policing initiatives to address regional trends.
Public schools in Rahway are managed by the Rahway Public School District, which provides a range of educational services; performance ratings are generally moderate compared to suburban districts in Union County.
The area is subject to standard regional flood risks associated with the Rahway River watershed and coastal storm surge potential, requiring residents to maintain appropriate flood insurance coverage.
Rahway benefits from its proximity to major employment hubs in New York City and Newark, supported by NJ Transit infrastructure. Recent development momentum is focused on transit-oriented residential projects near the downtown train station.
Property taxes in Rahway are levied by the city, Union County, and the local school district, with rates reflecting the high cost of municipal services in New Jersey. The city utilizes a standard ad valorem assessment system managed by the local tax assessor.
Residents have excellent access to the Northeast Corridor via the Rahway train station, providing direct transit to New York Penn Station and Newark. Major highway access includes the Garden State Parkway and U.S. Route 1/9.
The area features Rahway River Park, which offers extensive trails, sports fields, and picnic areas. Downtown Rahway provides a variety of dining, shopping, and cultural venues, including the Union County Performing Arts Center.
The rental market is characterized by high demand due to the city's commuter-friendly location, with a mix of older multi-family housing and new luxury apartment developments near the transit hub.
The local economy is anchored by healthcare, education, and professional services, with significant employment opportunities provided by nearby corporate campuses and the transit-accessible New York City labor market.
Rahway is a major transit hub served by NJ Transit's North Jersey Coast Line and Northeast Corridor, facilitating efficient commutes to Newark and Manhattan.
Development is primarily focused on high-density residential infill and the revitalization of the downtown corridor to support transit-oriented growth.
Parcels are subject to municipal, county, and school district taxes, with no significant MUD/PID structures typical of the region.
Property insurance premiums are influenced by regional flood zone designations and the proximity to coastal storm paths, requiring standard hazard coverage.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- American Dream4.518.1 mi
- Supercharged Entertainment4.87.4 mi
- DreamWorks Water Park4.318 mi
- Nickelodeon Universe Theme Park4.517.8 mi
- Color Factory NYC4.416.8 mi
- American Dream4.518.1 mi
- MetLife Stadium4.518.1 mi
- Madison Square Garden4.718.2 mi
- Barclays Center4.517 mi
- Javits Center4.618.1 mi
- Essex County Turtle Back Zoo4.611.3 mi
- Branch Brook Park4.612.7 mi
- AMC New Brunswick 183.810.6 mi
- AMC Jersey Gardens 204.17.1 mi
- RPM Raceway | Race Play More4.512.8 mi
- Rockefeller Center4.719.2 mi
- Empire State Building4.718.5 mi
- The Museum of Modern Art4.619.3 mi
- 9/11 Memorial & Museum4.815.9 mi
- SUMMIT One Vanderbilt4.718.9 mi
- Branch Brook Park4.612.7 mi
- Rahway Train Station Plaza4.30.4 mi
- Snug Harbor Cultural Center & Botanical Garden4.59.8 mi
- Cheesequake State Park4.511.4 mi
- Warinanco Park4.64.2 mi
- Perth Amboy Harborside Marina4.66.9 mi
- Raritan Yacht Club4.57.1 mi
- Elizabeth Marina4.65.8 mi
- Topgolf Edison4.37.4 mi
- Galloping Hill Golf Course4.45.6 mi
- Baltusrol Golf Club4.77.4 mi
- Old Bridge Golf Club - The Rose4.312.9 mi
- Rock Spring Golf Club4.211.4 mi
- The Mills at Jersey Gardens4.57 mi
- Menlo Park Mall4.44.8 mi
- The Mall at Short Hills4.510.3 mi
- Staten Island Mall4.46.3 mi
- Jersey Gardens4.77 mi
- Newark Liberty International Airport3.78 mi
- LaGuardia Airport4.124.5 mi
- Teterboro Airport4.421 mi
- Chico Express3.914.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park with trails, sports facilities, and green space.
Historic theater hosting concerts and live performances.
Central business district with diverse restaurants and local retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.