388-398 Union Street Rahway, NJ 07065
Well-maintained 12-unit apartment building on 0.32 acres.
Type:Multifamily
Property size:
9,478 SFLot size:
0.32 AcresPrice / SF:
$295/SF- Added:
- Feb 25, 2026
- Days on Market:
- 66
- Last Refresh:
- Feb 25 at 9:10 pm
Property Features for 388-398 Union Street
General Information
- Standard status
- Active
- Size
- 9,478 SF
- Lot size
- 0.32 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1968
Listing agent Douglas Sitar (732) 859-2144
Listing office Sitar Realty Company - Corporate (732) 859-2144
Listing date Feb 25, 2026
Source Sitarcompany
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 Sitar Realty Company - Corporate
Overview
Fully Leased Apartment Building
This attractive, fully leased apartment building features a brick-faced exterior and encompasses approximately 9,478 square feet, situated on approximately 0.32 acres. The property includes 12 well-maintained residential units, each consisting of approximately 790 square feet with one bedroom and one bathroom. Most apartments have been renovated with new bathrooms, kitchens, and granite countertops. Recent renovations facilitate easy turnover of upgraded units. Each unit features both a front entrance and a rear terrace. On-site amenities include a laundry facility and individual storage spaces. A newly paved parking lot is available. The property is located in a quiet neighborhood with both on-site and off-site parking options. Tenants are responsible for all utilities except water. The property tax is $35,404 (2025).
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Rahway
- County
- Union
- State
- New Jersey
- Longitude
- -74.277565
- Latitude
- 40.614094
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FAQs
What type of property is this?
Apartment building - Well-maintained 12-unit apartment building on 0.32 acres.
Where is this apartment building located?
The property is located at 388-398 Union Street Rahway, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Fully leased, ±9,478 SF apartment building provides immediate income.; Renovated units with new bathrooms, kitchens, and granite countertops offer premium appeal.; Each unit has a front entrance and rear terrace.
