Retail and Office Mixed-Use
For Lease
$1,870,000
39-47 E Milton Avenue, Rahway, NJ 07065
The building combines ground-floor retail units with multiple office suites near Rahway train station.
Space SizeContact for details
Days on Market142
Property Features for 39-47 E Milton Avenue
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$28,938
Building Details
Tenancy
Multi
Listing Agency:
KNC Realty LLC
Listed By:
Ken Ghilho Choi · License #NJ2078479
(201) 424-0488
Source:
Tkregroupinc
Added: Jun 14
Changed: Nov 1
Last Checked: Nov 1 at 3:26PM
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 KNC Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property at 39-47 E Milton Avenue contains 4 retail units and 7 office spaces. The owner uses two office spaces; the remaining units are occupied. A roof replacement was completed around November 2024.
Rahway train station is directly across from the property. The reported cap rate is 6.12%.
Rahway train station is directly across from the property. The reported cap rate is 6.12%.
Key Highlights
- 4 retail units and 7 office spaces
- Two office spaces are used by the owner; all other units are occupied
- Across from Rahway train station
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Electronics 37%
Hotels & Casinos 12%
Dining 7%
Columbia Bank
Shops & Services
6,121 visits/mo
0.1 miles
Boost Mobile
Electronics
5,135 visits/mo
0.1 miles
Super 8 Rahway/Newark
Hotels & Casinos
1,734 visits/mo
0.4 miles
Azteca
Dining
905 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines ground-floor retail units with multiple office suites near Rahway train station.
Where is this mixed-use property located?
The property is located at 39-47 E Milton Avenue Rahway, NJ.
What is the lease rate?
The lease rate is $1,870,000.
What are key features of this property?
This property features: 4 retail units and 7 office spaces; Two office spaces are used by the owner; all other units are occupied; Across from Rahway train station
