Apartment Building

Rahway, NJ Apartment Buildings for Sale

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Fully Leased Apartment Building
Updated: Feb 25
Fully Leased Apartment Building

388-398 Union Street, Rahway, NJ 07065

$2,800,000
9,478 sqft 0.32 AC lot
Fully leased, ±9,478 SF apartment building provides immediate income.
Renovated units with new bathrooms, kitchens, and granite countertops offer premium appeal.
Each unit has a front entrance and rear terrace.
Tenants pay all utilities except water.
Onsite laundry facility and individual storage spaces add convenience.
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See what stands out in Union County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Rahway, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Unit Apartment Building with Parking
Five-Unit Apartment Building with Parking

558 S Broad St, Elizabeth, NJ 07202

$1,080,000
0.16 AC lot

The property includes a finished basement, two driveways, and a two-car garage.

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12-Unit Apartment Building
12-Unit Apartment Building

128 E 4th Ave, Roselle, NJ 07203

Contact for pricing
3,929 sqft 0.27 AC lot

Rooming house configuration with multiple residential units on a compact New Jersey parcel.

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Elmora Multifamily Investment Opportunity
Elmora Multifamily Investment Opportunity

651 Westfield Avenue, Elizabeth, NJ 07208

$1,500,000
6,042 sqft

Seven-unit apartment building in Elmora, fully occupied with parking.

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Six-Unit Apartment Building
Six-Unit Apartment Building

Port Reading, NJ 07064

Contact for pricing

For sale multifamily property with six units in a residential income building.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Off-Market Properties in Rahway, NJ

Consider similar Off-Market properties in Rahway, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

39 Main St, Unit 45
APARTMENT HOUSE (UNDER 5 UNITS)

39 Main St, Rahway, NJ 07065-4039

Unit 45
$810,000
Estimated value
4,620 sqft 0.14 AC lot
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Rahway, NJ Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Rahway, NJ on our real estate platform. These investment opportunities span a total of 9,478 square feet of properties for sale, with an estimated market value of $2,800,000.

Sale prices for two-family homes in Rahway, NJ average $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K
Population Growth (5Y) +1.3%
Median Household Income $90,852
College Educated 48.9%

High-Yield Neighborhoods for Investment

Identify Rahway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07065 $2.8M

Taxes & Financing

Tax Rate (average for all types) 7.07%
Property Tax per SF $40.55 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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