Mixed-Use Building with Retail and
For Sale
$1,870,000
39-47 E Milton Ave, Rahway, NJ 07065
Across from Rahway train station, the property combines occupied retail and office space.
Property SizeContact for details
Days on Market120
Property Features for 39-47 E Milton Ave
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
6.12%
Public Transit
Yes
Office Units
7
Building Details
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
KNC Realty LLC
(201) 424-0488
Listed By:
Ken Ghilho Choi (201) 424-0488 · License #NJ2078479
Source:
Thepaulaclarkgroup
Added: May 3
Changed: Aug 29
Last Checked: Aug 29 at 3:43PM
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 KNC Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use property includes 4 retail units and 7 office spaces, with two office spaces currently used by the owner. The remaining units are occupied, providing a combination of retail and office components within one building.
The property is located across from Rahway train station on E Milton Ave in Rahway, New Jersey. A new roof is noted around November 2024. The offering is subject to a 6.12% cap rate and is available only to a cash buyer. Sale is strictly in as-is condition and includes an environmental issue.
The property is located across from Rahway train station on E Milton Ave in Rahway, New Jersey. A new roof is noted around November 2024. The offering is subject to a 6.12% cap rate and is available only to a cash buyer. Sale is strictly in as-is condition and includes an environmental issue.
Key Highlights
- 4 retail units and 7 office spaces
- Two office spaces used by the owner; remaining units occupied
- Across from Rahway train station
Property Analytics
Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
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?
Mixed-use property - Across from Rahway train station, the property combines occupied retail and office space.
Where is this mixed-use property located?
The property is located at 39-47 E Milton Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $1,870,000.
What are key features of this property?
This property features: 4 retail units and 7 office spaces; Two office spaces used by the owner; remaining units occupied; Across from Rahway train station
