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Corner Restaurant Property
For Sale
$1,890,000

1021 Route 1 South, Rahway, NJ 07065

An existing restaurant occupies a corner commercial parcel with on-site parking.

Property Size48,000 SF
Price / SF$39.38
Days on Market22

Property Features for 1021 Route 1 South

General Information

Standard status Active
Size 48,000 SF

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $31,410

Building Details

Buildings 1
Listing Agency: RE/MAX CENTRAL
Listed By: KADDY L. HA · License #9804109
Source: Exprealty
Added: Oct 15 Changed: Nov 3 Last Checked: Nov 4 at 3:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX CENTRAL

Rey
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Investment Insights

Based on property information with market context.

The property includes a restaurant building and on-site parking. It sits at a corner along US Route 1 South in Rahway, New Jersey.

Future building expansion may be possible, subject to township approvals.

Key Highlights

  • Restaurant property at a corner along US Route 1 South
  • On‑site parking
  • Future expansion may be possible with township approval

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Home Appliance Store Butcher Catering Service (Bike/Boat/Book/etc) Store Plumbing Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,394
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 12% Electronics 11%
Bank of America Shops & Services
8,380 visits/mo 0.5 miles
TD Bank Shops & Services
6,835 visits/mo 0.4 miles
7-Eleven Shops & Services
6,597 visits/mo 0.5 miles
The UPS Store Shops & Services
6,225 visits/mo 0.5 miles
Columbia Bank Shops & Services
6,121 visits/mo 0.2 miles

Demographics for 07065, NJ

29,556
Population
12,811
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
7,578
Density / Sq Mi
$90,852
Median Household Income
$57,021
Median Earnings
$1,764
Median Rent
$362,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An existing restaurant occupies a corner commercial parcel with on-site parking.
Where is this conventional restaurant located?
The property is located at 1021 Route 1 South Rahway, NJ.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Restaurant property at a corner along US Route 1 South; On‑site parking; Future expansion may be possible with township approval
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