Two-Unit Duplex with Separate
482 Rahway Avenue, Woodbridge, NJ 07095
For Sale
New
$669,900
Each apartment has three bedrooms, a kitchen, a living room, and a full bath.
Property Size2,462 SF
Price / SF$272.10
Days on Market5
Property Features for 482 Rahway Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
Full,Exterior Entry
true
2
Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
Near Shopping,Near Train
Public
122.00 x 39.00
1-2 Car Parking,See Remarks
Barbecue,Porch(es) - Enclosed,Curbs,Sidewalk,Yard,Semi-Private Entry
2462
1
Building Details
Building Size
Year Built
Stories
Listing Agency:
(848) 283-5624
Listed By:
Michele Gomez
Source:
Moveritenow
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 7:04PM
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 Michele Gomez
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Investment Insights
Based on property information with market context.
This legal two-family duplex contains two apartments, each arranged with three bedrooms, a kitchen, a living room, and one full bath. A full-height attic can be reached from either unit. Separate furnaces, water heaters, and electric meters serve the apartments.
The property is one block from shopping and a pharmacy, with train service to New York City and destinations in northern and southern New Jersey nearby. A driveway accommodates two cars in depth, and the backyard offers additional parking space if needed.
The property is one block from shopping and a pharmacy, with train service to New York City and destinations in northern and southern New Jersey nearby. A driveway accommodates two cars in depth, and the backyard offers additional parking space if needed.
Key Highlights
- Legal two‑family property with two three‑bedroom apartments
- Each unit includes a kitchen, living room, and one bath
- Separate furnaces, water heaters, and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,204
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,080
$824.1K
Cap Rate 7%
$588,629
$588.6K
Cap Rate 9%
$457,822
$457.8K
Market Conditions
NOI Build-Up for 2,462 SF
Gross rent
$62.9K $25.56/SF
− Vacancy
−$4.1K −$1.65/SF
EGI
$58.9K $23.91/SF
− OpEx
−$17.7K −$7.17/SF
NOI
$41.2K $16.74/SF
Area
Middlesex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,080
Cap Rate 7%
$588,629
Cap Rate 9%
$457,822
Alternative Uses
Best Use
Multifamily LT 5
$588.6K
$515.1K – $686.7K
NOI $41,204 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$540.9K
$473.3K – $631.0K
NOI $37,861 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$642.9K
$562.5K – $750.0K
NOI $45,001 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 07095, NJ
19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Middlesex County, NJ
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has three bedrooms, a kitchen, a living room, and a full bath.
Where is this duplex located?
The property is located at 482 Rahway Avenue Woodbridge, NJ.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Legal two‑family property with two three‑bedroom apartments; Each unit includes a kitchen, living room, and one bath; Separate furnaces, water heaters, and electric meters
