Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco fa ade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.
1582 Irving St, Rahway City NJ 07065-4291
Property City
Rahway City
Property Price
$795,000
Year Built
1930
Tax Annual Amount
$12433
TaxYear (*text)
2025
Roof (*text)
Rubberized
Lot Size Area
0.10
MLS Status
Active
MLS #
4040258
Yearly Tax Rate
7.584
Year Built (*numeric)
1930
Basement
No
Roofing (*text)
Rubberized
Days On Market
2
Basement (*text)
No
Cooling (*text)
Window A/C(s)
Heating
1 Unit, Baseboard - Hotwater, Multi-Zone
Lot Size Dimensions
24X97
Data import from
GSMLS