319 Terrace St
Rahway, NJ 07065
4 bd 1 ba 1,228 sqft Built 1950 Lot 7,501 sqft single_family
Most recent sale
$415,000
Apr 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2022 | Sold | $415,000 | MLS #2208124R |
| Mar 2, 2022 | Relisted | $415,000 | MLS #2208124R |
| Feb 10, 2022 | Price changed | $415,000 | MLS #2208124R |
| Feb 9, 2022 | Price changed | $415,000 | MLS #3757430 |
| Jan 5, 2022 | Listed | $429,800 | MLS #2208124R |
| Jan 3, 2022 | Listed | $429,800 | MLS #3757430 |
| Sep 16, 2016 | Listing removed | $2,000 | GardenState |
| Sep 9, 2016 | Listing removed | $2,100 | GardenState |
| Sep 9, 2016 | Listed for rent | $2,000 | GardenState |
| Jul 1, 2016 | Listed for rent | $2,100 | GardenState |
| Aug 3, 2015 | Listing removed | $2,000 | GardenState |
| Jul 13, 2015 | Listed for rent | $2,000 | GardenState |
| Jul 3, 2014 | Listing removed | $1,900 | GardenState |
| Jun 25, 2014 | Listed for rent | $1,900 | GardenState |
| Jun 21, 2014 | Price changed | $249,000 | MLS #3123348 |
| Mar 8, 2014 | Listed | $269,000 | MLS #3123348 |
| Feb 24, 2014 | Listing removed | $2,500 | GardenState |
| Jan 22, 2014 | Listed for rent | $2,500 | GardenState |
| Sep 1, 1978 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $83,300 | $68,100 | $151,400 | $11,482 |
| 2024 | $83,300 | $68,100 | $151,400 | $11,211 |
| 2023 | $83,300 | $68,100 | $151,400 | $10,858 |
| 2022 | $76,100 | $68,100 | $144,200 | $10,125 |
| 2021 | $76,100 | $68,100 | $144,200 | $10,023 |
| 2020 | $76,100 | $68,100 | $144,200 | $9,986 |
| 2019 | $76,100 | $68,100 | $144,200 | $9,859 |
| 2018 | $76,100 | $68,100 | $144,200 | $9,651 |
| 2017 | $76,100 | $68,100 | $144,200 | $9,413 |
| 2016 | $76,100 | $68,100 | $144,200 | $9,213 |
| 2015 | $76,100 | $68,100 | $144,200 | $9,109 |
| 2014 | $76,100 | $68,100 | $144,200 | $8,946 |
| 2013 | $76,100 | $68,100 | $144,200 | $8,720 |
| 2012 | $76,100 | $68,100 | $144,200 | $8,423 |
| 2011 | $76,100 | $68,100 | $144,200 | $8,313 |
| 2010 | $76,100 | $68,100 | $144,200 | $7,395 |
| 2009 | $76,100 | $68,100 | $144,200 | $7,064 |
| 2008 | $76,100 | $68,100 | $144,200 | $6,858 |
| 2007 | $76,100 | $68,100 | $144,200 | $6,611 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,228 sqft
Lot size
7,501 sqft
ZIP code
07065
City
Rahway
Street
Terrace St
Coordinates
40.59657, -74.29553
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,842
Gross rental yield
5.33%
Implied cap rate
3.46%
Trend-extrapolated value
—
Frequently asked questions
When did 319 Terrace St last sell?
319 Terrace St most recently sold on Apr 12, 2022 for $415,000.
What is the current tax assessment for 319 Terrace St?
The most recent total assessment for 319 Terrace St (year 2025) is $151,400 with $11,482 in property tax.
How does 319 Terrace St's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $415,000.
When was 319 Terrace St built?
319 Terrace St was built in 1950.
How does 319 Terrace St compare to others on Terrace St?
We track 3 other properties on Terrace St. Browse the list under "Other properties on Terrace St" to compare beds, baths, and sale history.
What are the property facts for 319 Terrace St?
319 Terrace St is a 4 bed, 1 bath, 1,228 sqft, 7,501 sqft lot single_family.
Is 319 Terrace St a flip candidate?
No — 319 Terrace St does not appear in our flips dataset.
Is 319 Terrace St a tax-appeal candidate?
No — 319 Terrace 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 Terrace St