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Restaurant Space with Equipment
New
For Lease
$2,500/Mo

1689 Oliver St, Rahway, NJ 07065

Restaurant equipment is available for tenant use.

Space SizeContact for details
Property Size400 SF
Days on Market2

Property Features for 1689 Oliver St

General Information

Standard status Active
Size 400 SF
Property subtype Commercial

Lease Terms

Lease Rate $2,500 /MO
Monthly Rent $2,500

Additional Details

Space Use Restaurant
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $21,113

Building Details

Building Size 400 SF
Listed By: MARCI J HODGES
Source: Elliman
Added: Oct 23 Last Checked: Oct 23 at 3:05AM

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 MARCI J HODGES

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Investment Insights

Based on property information with market context.

Restaurant space is available at 1689 Oliver St, Unit 434, with equipment provided for tenant use. The property was built in 1890.

The location has a Walk Score of 76 (Very Walkable), a Bike Score of 52 (Bikeable), and a Transit Score of 47 (Some Transit).

Key Highlights

  • Restaurant equipment provided for tenant use
  • Walk Score: 76 (Very Walkable)
  • Bike Score: 52 (Bikeable)

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Catering Service Florist

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,277
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Shell Shops & Services
10,199 visits/mo 0.4 miles
Columbia Bank Shops & Services
6,121 visits/mo 0.4 miles
Azteca Dining
905 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Restaurant equipment is available for tenant use.
Where is this conventional restaurant located?
The property is located at 1689 Oliver St Rahway, NJ.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Restaurant equipment provided for tenant use; Walk Score: 76 (Very Walkable); Bike Score: 52 (Bikeable)
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