54 Cherry St
Rahway, NJ 07065
2 bd 1 ba 1,100 sqft Built 1986 Lot 436 sqft condos
Most recent sale
$280,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 10, 2025 | Sold | $360,000 | Public Record |
| Sep 3, 2025 | Listed | $350,000 | GardenState |
| Aug 17, 2023 | Listing removed | $1,375 | AllJerseyMLS |
| Sep 15, 2022 | Sold | $280,000 | MLS #3789414 |
| Jun 15, 2022 | Listed | $299,000 | MLS #3789414 |
| Aug 13, 2013 | Listing removed | $1,495 | GardenState |
| Aug 4, 2013 | Listing removed | $1,495 | AllJerseyMLS |
| Jul 17, 2013 | Listed for rent | $1,495 | GardenState |
| Jul 16, 2013 | Listed for rent | $1,495 | AllJerseyMLS |
| Nov 9, 2012 | Sold | $217,000 | Public Record |
| Sep 10, 2012 | Listing removed | $225,000 | GardenState |
| Sep 8, 2012 | Listing removed | $1,700 | GardenState |
| Aug 21, 2012 | Listed | $225,000 | MLS #2964253 |
| Aug 21, 2012 | Listed for rent | $1,700 | GardenState |
| Aug 9, 2012 | Listing removed | $225,000 | GardenState |
| Apr 27, 2012 | Listing removed | $1,600 | GardenState |
| Apr 11, 2012 | Price changed for rent | $1,600 | GardenState |
| Mar 12, 2012 | Listed for rent | $1,750 | GardenState |
| Feb 9, 2012 | Listed | $225,000 | MLS #2916490 |
| Jan 20, 2012 | Listing removed | $225,000 | GardenState |
| Dec 30, 2011 | Price changed for rent | $1,675 | GardenState |
| Dec 9, 2011 | Listed | $225,000 | MLS #2904297 |
| Nov 28, 2011 | Listed for rent | $1,575 | GardenState |
| Dec 4, 2008 | Sold | $222,000 | Public Record |
| Mar 11, 2002 | Sold | $125,000 | Public Record |
| Jun 21, 1999 | Sold | $86,000 | Public Record |
| Mar 18, 1992 | Sold | $86,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $67,200 | $26,000 | $93,200 | $7,068 |
| 2024 | $67,200 | $26,000 | $93,200 | $6,901 |
| 2023 | $67,200 | $26,000 | $93,200 | $6,684 |
| 2022 | $62,000 | $26,000 | $88,000 | $6,179 |
| 2021 | $62,000 | $26,000 | $88,000 | $6,116 |
| 2020 | $62,000 | $26,000 | $88,000 | $6,094 |
| 2019 | $62,000 | $26,000 | $88,000 | $6,017 |
| 2018 | $62,000 | $26,000 | $88,000 | $5,890 |
| 2017 | $62,000 | $26,000 | $88,000 | $5,745 |
| 2016 | $62,000 | $26,000 | $88,000 | $5,622 |
| 2015 | $62,000 | $26,000 | $88,000 | $5,559 |
| 2014 | $62,000 | $26,000 | $88,000 | $5,460 |
| 2013 | $62,000 | $26,000 | $88,000 | $5,321 |
| 2012 | $62,000 | $26,000 | $88,000 | $5,140 |
| 2011 | $62,000 | $26,000 | $88,000 | $5,073 |
| 2010 | $62,000 | $26,000 | $88,000 | $4,513 |
| 2009 | $62,000 | $26,000 | $88,000 | $4,311 |
| 2008 | $62,000 | $26,000 | $88,000 | $4,185 |
| 2007 | $62,000 | $26,000 | $88,000 | $4,034 |
Property facts
Year built
1986
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
1,100 sqft
Lot size
436 sqft
ZIP code
07065
City
Rahway
Street
Cherry St
Coordinates
40.60681, -74.27781
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,650
Gross rental yield
7.07%
Implied cap rate
4.60%
Trend-extrapolated value
—
Frequently asked questions
When did 54 Cherry St last sell?
54 Cherry St most recently sold on Sep 15, 2022 for $280,000.
What is the current tax assessment for 54 Cherry St?
The most recent total assessment for 54 Cherry St (year 2025) is $93,200 with $7,068 in property tax.
How does 54 Cherry St's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $280,000.
When was 54 Cherry St built?
54 Cherry St was built in 1986.
How does 54 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 54 Cherry St?
54 Cherry St is a 2 bed, 1 bath, 1,100 sqft, 436 sqft lot condos.
Is 54 Cherry St a flip candidate?
No — 54 Cherry St does not appear in our flips dataset.
Is 54 Cherry St a tax-appeal candidate?
No — 54 Cherry St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.1%
2026 Q2
$542.7K
2026 Q3
$550.3K
ZIP 07065 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherry St