1751 Oliver Street Rahway, NJ 07065
MULTI_FAMILY - Rahway, NJ
- Added:
- Sep 1, 2025
- Days on Market:
- 313
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 1751 Oliver Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 6, Bathroom 2, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3
- Parking features
- On Street
- Basement
- Full
- Standard status
- Pending
- APN
- 13-00216-0000-00009
- Size
- 3,336 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11989
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
Listing agent John Natale License #0790719 (855) 450-0442
Listing office Real Broker, LLC 165 Passaic Ave. Ste 205, HADDON TOWNSHIP, NJ (855) 450-0442
Listing date Sep 1, 2025
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The building is located at 1751 Oliver Street in Rahway, New Jersey, in Union County. The public remarks note a convenient location to shopping and the Rahway NJ Transit station, which may support tenant convenience for everyday commuting and errands.
For buyers seeking a residential income property with multiple distinct units, this three-unit structure can fit well as an owner-occupied or investment purchase, depending on financing and management plans. The unit mix is consistent across the building, which can simplify leasing and tenant turnover considerations versus more varied layouts. Interested parties should review rent rolls, lease terms, and operating details during their due diligence.
Key Highlights
- Tenant‑occupied triplex with three 2‑bedroom, 1 full bath units
- Public utilities: public water and public sewer
- Year built 1910; oil heating and shingle roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.3k | $25.56 |
| − Vacancy | −$5.5k | −$1.65 |
| EGI | $79.8k | $23.91 |
| − OpEx | −$23.9k | −$7.17 |
| NOI | $55.8k | $16.74 |
