Rahway, NJ 07065 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Rahway, NJ—07065

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$526,000

3.5% YoY Growth

Household Income

$90,900

22.5% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$2,500

5.8% YoY Growth

1-Bed Rent

$1,970

9.7% YoY Growth

2-Bed Rent

$2,300

0.8% YoY Growth

3-Bed Rent

$3,150

7.8% YoY Growth

Home Price Trends — Rahway, NJ

As of Dec '25, the median home price in Rahway, NJ is $526,000, with a year-over-year change of 3.5%. This indicates that home prices in Rahway, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$526,000	3.5%
Single Family	$531,000	2.7%
Condos	$368,000	-1.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rahway, NJ

As of July '25, Rentcast reports the average rent in Rahway, NJ is $2,580, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Rahway, NJ is studios: $1,360, 1-bedrooms: $2,040, 2-bedrooms: $2,440, 3-bedrooms: $3,300, 4-bedrooms: $3,280. The most common rental property sizes in Rahway, NJ are 2-bedroom and 1-bedroom, accounting for 38.8% and 38.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,580
Studio Rent	$1,100	$1,360
1 Bed Rent	$1,970	$2,040
2 Bed Rent	$2,300	$2,440
3 Bed Rent	$3,150	$3,300
4 Bed Rent	$3,300	$3,280

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% of Rental Stock

Studio

8.7%

1 Bedroom

38.4%

2 Bedrooms

38.8%

3 Bedrooms

11.4%

4 Bedrooms

2.1%

5+ Bedrooms

0.6%

Property Listings — Rahway, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Rahway, NJ is 64. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$550,000	2.0%
Listing Count	57	13.0%
Listings as % of Homes	0.5%	13.0%
Days on Market	65	32.0%

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Demographics — Rahway, NJ

As of the latest ACS Survey released in 2023, Rahway, NJ has a population of 29,700, which has increased by 1.3% over the past 5 years. Rahway, NJ is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	29,700	1.3%
% Under 18	20.6%	1.5%
% Seniors	15.8%	22.5%
% WFH	14.7%	444.4%
% w/ College Degree	35.6%	25.4%

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As of the latest ACS Survey released in 2023, Rahway, NJ is a predominantly black area, with 31.3% of the population identifying as black. The black population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in Rahway, NJ is hispanic, making up 28.2% of the population. Foreign-born residents account for 22.5% of the population in Rahway, NJ, and this percentage has decreased by 13.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	28.0%	-16.2%
% Black	31.3%	6.5%
% Hispanic	28.2%	-13.0%
% Asian	7.1%	136.7%
% Foreign Born	22.5%	-13.5%

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Mortgage and Risk — Rahway, NJ

According to HUD data as of 2023, there were 407 mortgage originations in Rahway, NJ, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Rahway, NJ. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	407
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Rahway, NJ

As of 2024, the percent of homes in Rahway, NJ under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rahway, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	843
Total Units Section 8	516
% Rentals under Section 8	8.8%
% Occupied Section 8	94.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$1,970	$1,830
2 Bedroom	-$80	$2,300	$2,220
3 Bedroom	-$350	$3,150	$2,800
4 Bedroom	-$120	$3,300	$3,180

Rahway, NJ—07065

Key Metrics at a Glance

Home Price Trends — Rahway, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rahway, NJ

% of Rental Stock

Property Listings — Rahway, NJ

Demographics — Rahway, NJ

Race and Ethnicity

Mortgage and Risk — Rahway, NJ

Mortgages

Rentals and Section 8 — Rahway, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Rahway, NJ

Home Price to Income Ratio

Rahway, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Avenel, NJ

Clark, NJ

Colonia, NJ

Linden, NJ

Roselle, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$526,000
Median Household Income	$90,900

Rahway, NJ—07065

Key Metrics at a Glance

Home Price Trends — Rahway, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Rahway, NJ

% of Rental Stock

Property Listings — Rahway, NJ

Demographics — Rahway, NJ

Race and Ethnicity

Mortgage and Risk — Rahway, NJ

Mortgages

Rentals and Section 8 — Rahway, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Rahway, NJ

Home Price to Income Ratio

Rahway, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Avenel, NJ

Clark, NJ

Colonia, NJ

Linden, NJ

Roselle, NJ

Frequently Asked Questions

What is the average home price in Rahway, NJ 07065?

How have home prices in Rahway, NJ 07065 changed over the past year?

What is the home price projection for Rahway, NJ 07065?

What are the demographics of Rahway, NJ 07065?

How long does it take homes to sell in Rahway, NJ 07065?

What is the average rent price in Rahway, NJ 07065?