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Mixed-Use Retail and Apartments

428-434 West Grand Avenue Rahway, NJ 07065

428-434 West Grand Avenue, Rahway, NJ, 07065
$1,250,000
For Sale
$1,250,000

Two storefronts plus three second-floor apartments, including an equipped vacant restaurant space.

Days on Market101

Property Features for 428-434 West Grand Avenue

General Information

Standard status
Active
Property subtype
Lots And Land
Listing agency RE/MAX INSTYLE
Listed by ANTONIO DECICCO · License #398985
Source Compass
Added: Apr 14 Updated: Jul 22 at 4:17AM Checked: Jul 22 at 4:17AM

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 RE/MAX INSTYLE


Investment Insights

Based on property information with market context.

This mixed-use property includes storefront space on the first floor and three apartment units on the second floor at 428-434 West Grand Avenue. The second-floor layout features Unit 428 (1-bedroom), Unit 430 (3-bedroom on a month-to-month lease), and Unit 434 (owner-occupied 1-bedroom with an estimated rental value). On the first floor, there are two storefronts: Unit 428, a 300-square-foot space leased to a skincare business on a month-to-month basis, and Unit 434, a vacant restaurant space with a kitchen. Restaurant equipment is included in the sale.

The offering also notes that 428-434 West Grand Avenue and 1689 Oliver Street in Rahway, NJ are two separate properties that may be sold separately. 1689 Oliver St is described as a fully occupied two-unit building with both units on leases that include one with a lease through September 2025 and the other on a month-to-month basis. The landlord covers heating costs for both apartments through a single furnace servicing both units.

Key Highlights

  • 428‑434 W Grand Ave: mixed‑use property with 2 storefronts and 3 second‑floor apartments (Units 428, 430, 434).
  • 428‑434 W Grand Ave apartments: 1BR $1,075/mo; 3BR $1,800/mo (month‑to‑month); owner‑occupied 1BR with estimated $1,200/mo rental value.
  • 428‑434 W Grand Ave storefronts: 300 SF leased skincare space at $755/mo (month‑to‑month) and a vacant restaurant space with kitchen and included restaurant equipment.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Two storefronts plus three second-floor apartments, including an equipped vacant restaurant space.
Where is this triplex located?
The property is located at 428-434 West Grand Avenue Rahway, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 428‑434 W Grand Ave: mixed‑use property with 2 storefronts and 3 second‑floor apartments (Units 428, 430, 434).; 428‑434 W Grand Ave apartments: 1BR $1,075/mo; 3BR $1,800/mo (month‑to‑month); owner‑occupied 1BR with estimated $1,200/mo rental value.; 428‑434 W Grand Ave storefronts: 300 SF leased skincare space at $755/mo (month‑to‑month) and a vacant restaurant space with kitchen and included restaurant equipment.
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