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Duplex with Basement
For Sale
$640,000

1024 Randolph Ave, Rahway, NJ 07065

Two-level duplex with an exterior basement entrance and one month-to-month tenant arrangement.

Property SizeContact for details
Days on Market14

Property Features for 1024 Randolph Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1960
Tenancy Single
Listing Agency: FREDRICA WILLIAMS REALTY, INC.
Listed By: FREDRICA WILLIAMS · License #210241
Source: Goldstandardrealty
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 6:09PM

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 FREDRICA WILLIAMS REALTY, INC.

Investment Insights

Based on property information with market context.

This duplex property includes a partially finished basement with its own exterior entrance. The first-floor unit is owner occupied, while the second-floor unit is leased on a month-to-month basis without a fixed-term lease.

Built in 1960, the property is located at 1024 Randolph Ave in Rahway City, New Jersey.

Key Highlights

  • Duplex configuration with first‑floor owner occupancy
  • Second‑floor tenant occupied month to month with no lease
  • Partially finished basement with outside entrance

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Hair Salon Pharmacy

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with an exterior basement entrance and one month-to-month tenant arrangement.
Where is this duplex located?
The property is located at 1024 Randolph Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Duplex configuration with first‑floor owner occupancy; Second‑floor tenant occupied month to month with no lease; Partially finished basement with outside entrance
More about this property
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