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$463,796

Listing Price

3beds

1baths

1,256sqft

5,550sqft lot

480 W Lake Ave, Rahway, NJ 07065

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

369.26

Price / sqft

1925

Year built

Home Details

Welcome to this charming home offering tremendous potential on a generous 50x111 lot in a desirable Rahway location. The first floor features an inviting enclosed front porch that leads into a comfortable living room anchored by a wood-burning fireplace with a newly installed liner. The main level flows nicely from the living room into the dining room and kitchen, creating excellent space for daily living and entertaining. Upstairs, you'll find three bedrooms plus a flexible office space, providing excellent options for today's work-from-home lifestyle, all served by a full bathroom. The basement offers valuable storage space and includes a workbench area, plus there's already a toilet installed that could be expanded into an additional bathroom with some finishing work. Hidden beneath the existing carpeting are beautiful hardwood floors throughout most of the home, waiting to be restored to their original charm. With some updating and your personal touches, this property offers the opportunity to create your dream home. Situated approximately one mile from both downtown Rahway's shops and restaurants and the Rahway train station, providing easy access to NYC and surrounding areas. The private driveway and spacious lot offer plenty of parking and potential for outdoor enjoyment, gardening, or future expansion. This is an excellent opportunity for buyers looking to put their own stamp on a home with great bones in a prime location.

Interior Details

Square Feet
  • 1256

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5550

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$8,409

$55,600

$67,400

--%

$123,000

2019

$8,409

$55,600

$67,400

--%

$123,000

2018

$8,232

$55,600

$67,400

--%

$123,000

2017

$8,029

$55,600

$67,400

--%

$123,000

2016

$7,858

$55,600

$67,400

--%

$123,000

2013

$7,437

$55,600

$67,400

--%

$123,000

2013

$7,437

$55,600

$67,400

--%

$123,000

2012

$7,090

$55,600

$67,400

--%

$123,000

percent-home-icon

Average Home Price in 07065

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Sold 10/13/2026

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Sold NaN/NaN/NaN

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
463,796
$
Down payment
92,759.20
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,782.77
$
HOA (Monthly)
0
$
PMI
0
$
$3,002
Your Payment
Total Monthly Payment:$3,002
Percent of Income:51%
Affordable:No

Details for 480 W LAKE AVE

Property Debt

Foreclosure Contact Details