Street-Level Storefront with Office and
New
For Sale
$750,000
1770 Saint Georges, Rahway, NJ 07065
Three-unit space with a street-level storefront, dedicated office suite, and two-bedroom apartment under B-2 zoning.
Property Size3,500 SF
Price / SF$214.29
Days on Market4
Property Features for 1770 Saint Georges
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Commercial
Zoning
B-2
Additional Details
Office Units
1
Amenities
Central Air Heating
Electric Heating
Radiators Heating
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
COLDWELL BANKER GARDEN STATE REALTY
(201) 791-9000
Listed By:
JOEL PUJOLS · License #1968571
Source:
Corcoran
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 12:26PM
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 COLDWELL BANKER GARDEN STATE REALTY
Investment Insights
Based on property information with market context.
1770 St. George Ave in Rahway, NJ is a three-unit storefront property with a street-level storefront, a dedicated office suite, and a spacious 2-bedroom apartment. The building offers 3,500 sq. ft. total, with flexible interior layout that can support a variety of tenant or owner-occupant configurations.
Positioned on St. George Avenue in Union County, the property is presented for buyers seeking strong day-to-day visibility and multiple income streams from retail, office, or residential use within the same address. The property is zoned B-2, supporting retail, professional services, or a mixed-use approach consistent with the zoning designation.
This combination of storefront exposure, on-site office space, and a 2-bedroom apartment can help streamline operations and simplify management for an owner looking for diversified space within one property.
Positioned on St. George Avenue in Union County, the property is presented for buyers seeking strong day-to-day visibility and multiple income streams from retail, office, or residential use within the same address. The property is zoned B-2, supporting retail, professional services, or a mixed-use approach consistent with the zoning designation.
This combination of storefront exposure, on-site office space, and a 2-bedroom apartment can help streamline operations and simplify management for an owner looking for diversified space within one property.
Key Highlights
- 3,500 sq. ft. storefront property with three units
- Street‑level storefront space
- Dedicated office suite
Financial Insights For Office B
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 | $105.0k | $30.00 |
| − Vacancy | −$33.6k | −$9.60 |
| EGI | $71.4k | $20.40 |
| − OpEx | −$17.9k | −$5.10 |
| NOI | $53.6k | $15.30 |
3,500 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$765.0K
$669.4K – $892.5K
NOI $53,550 @ 7.0% cap · market cap 7.14%
Second Best
Retail
$713.7K
$624.5K – $832.6K
NOI $49,956 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$913.9K
$799.7K – $1.07M
NOI $63,974 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Three-unit space with a street-level storefront, dedicated office suite, and two-bedroom apartment under B-2 zoning.
Where is this storefront property located?
The property is located at 1770 Saint Georges Rahway, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,500 sq. ft. storefront property with three units; Street‑level storefront space; Dedicated office suite
