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Duplex with Separate Systems
For Sale
$669,900

482 Rahway Avenue, Woodbridge, NJ 07095

Residential Income, Woodbridge Proper, NJ

Property Size2,462 SF
Lot Size0.11 Acres
Price / SF$272.10
Days on Market64

Property Features for 482 Rahway Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Buyer Should Verify
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Patio and Porch features Porch
Interior features Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
Exterior features Barbecue, Porch(es) - Enclosed, Curbs, Sidewalk, Yard, Semi-Private Entry
Accessibility Accessible Approach with Ramp
Appliances Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Dryer, Range/Oven, Washer)
Lot features Near Shopping, Near Train
Elementary school district Woodbridge Township School Dis
Middle school district Woodbridge Township School Dis
High school district Woodbridge Township School Dis
Directions Follow GPS directions
Standard status Active
APN 0106703000000027
Size 2,462 SF
Lot size 0.11 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Annual Amount 12941

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Steam
Water source Public

Building Details

Year built 1921
Floors in Building 2
Building materials Shingle Siding
Roof type Asphalt
Listing Agency: CENTURY 21 MAIN STREET REALTY
Listed By: Manuel Seda
Added: Sep 3 Changed: Oct 23 Last Checked: Nov 5 at 9:06AM
MLS# 2703853R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This legal two-family property contains 2,462 square feet and was built in 1921. Each apartment includes 3 bedrooms, a kitchen, living room, and 1 bathroom. Separate furnaces, water heaters, and electric meters serve the two units. The property also includes an enclosed porch, basement, yard, sidewalk, curbs, semi-private entry, and an accessible approach with ramp. Public water and public sewer serve the site.

The 0.1092-acre property is located one block from shopping, a pharmacy, and train service to New York City. Shopping centers are approximately 5 minutes away. A driveway extends two cars deep toward the backyard, with additional parking access if needed. Unit 1 includes a range/oven, while Unit 2 includes a washer, dryer, and range/oven.

Key Highlights

  • 2,462‑square‑foot duplex on a 0.1092‑acre lot
  • Two 3‑bedroom, 1‑bath apartments with kitchens and living rooms
  • Separate furnaces, water heaters, and electric meters for each unit

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 (±1% cap)
NOI $41,204 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$540.9K
$473.3K – $631.0K (±1% cap)
NOI $37,861 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$642.9K
$562.5K – $750.0K (±1% cap)
NOI $45,001 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,231
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with matching three-bedroom apartments and individual utility systems.
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: 2,462‑square‑foot duplex on a 0.1092‑acre lot; Two 3‑bedroom, 1‑bath apartments with kitchens and living rooms; Separate furnaces, water heaters, and electric meters for each unit
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