197 Iva Street, Residential, NJ 07065
Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE
$650,000
Potential Rebate: $9,750
Overview
Experience modern living in this all-new construction home just steps from vibrant downtown Rahway. Designed with luxury in mind, the home features high-end finishes throughout, including gleaming engineered Brazilian chestnut hardwood floors, stainless steel appliances, granite counters, and a farmhouse sink. Entertain with ease in the formal family room, dining room, and living room complete with a cozy gas fireplace. Offering 3 spacious bedrooms and 2.5 baths, this home balances style with functionality. Additional conveniences include a 1-car garage plus a private driveway parking spot, and an oversized rec room on the ground level perfect for a home gym, office, or additional living space, etc. Perfectly located only 4 minutes from NJ Transit, commuting is effortless while restaurants, shops, and entertainment are right outside your door. A rare opportunity to own a move-in-ready home.
Home Features
- •Central Air
- •Zoned
- •Zoned
- •Forced Air
- •Dishwasher
- •Gas Range/Oven
- •Refrigerator
- •Kitchen Exhaust Fan
Building Amenities
- •Curbs
- •Sidewalks
Estimated Monthly Payment
$3,401 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$9,750
Monthly savings impact
$27/mo
Effective Purchase Price
$640,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE
Data Source: AJMLS #2608074R
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of KELLER WILLIAMS TOWNE SQUARE
Data Source: AJMLS #2608074R
Price Analysis
Compare average listing prices and value metrics for 197 Iva Street, Residential, NJ 07065 against the surrounding Rahway City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
34.60% Higher
than the Rahway City price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Rahway City.
