Listing Details

1582 Irving St,Rahway City, NJ 07065-4291

  • October 23, 2026

Description

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 facade, 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.

Details

Last Updated On: October 23rd, 2026 at 8:43 pm
Property ID:PT-61469066-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 795,000 $
Year Built:1930

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 24X97
Office SqFt: 950
Property Type: Mixed Use, Store With Apartment
Lot Identifier: 4

Home Details

Location: Business District
Acreage: 0.10
Sale Includes: Building & Land
Renovated: 2012
Construction: Wood
Exterior Description: Vinyl Siding
Roof Description: Rubberized
Number of Stories: 3
Number of Units: 3
Number of Lavatories: 4
Max Ceiling Height: 13
Available SqFt: 2650
Building SqFt: 2650
Parking Desc: None, On-Street Parking
Easement/Desc: Unknown
YB/Desc: 1930 - Approximate
Block Identifier: 153
County Number: 29
Town Number: 2913
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Ownership: Fee Simple
Tax ID For Property: 2913-00153-0000-00004-0000-
Tax Amount: $12,433.00
Tax Year: 2025
Tax Rate: 7.584%
Tax Rate Year: 2025
Land Assessment: $27,500.00
Building Assessment: $132,500.00
Total Assessment: $160,000.00

Utilities

Equipment Available: Restrooms - Private
Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater, Multi-Zone
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Zoning: S01-COMM

Statistics

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