1751 Oliver St Rahway, NJ 07065
Tenant-occupied triplex with solid rental income near transit.
Property Features for 1751 Oliver St
General Information
- Standard status
- Active
- Size
- 3,379 SF
- Lot size
- 0.10 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1928
Listing office REAL (732) 757-7251
Listing date Jan 9, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Solid rental income from tenant‑occupied triplex.
- Three 2‑bedroom, 1‑bath units offer comfortable living spaces.
- Convenient location to shopping.
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 | $86.4k | $25.56 |
| − Vacancy | −$5.6k | −$1.65 |
| EGI | $80.8k | $23.91 |
| − OpEx | −$24.2k | −$7.17 |
| NOI | $56.6k | $16.74 |
