1420 Irving StRahway, NJ 07065

  • Other commercial real estate
  • 0.08 AC
For Lease

Property Details for 1420 Irving St

Year built
1970
Lot size
0.08 AC
Property type
Other commercial real estate
APN
13 00315-0000-00001
APU
1300315000000001

Description

This exceptional Rahway, New Jersey property, located at 1420 Irving St, zip code 07065, offers a unique blend of retail, office, and restaurant opportunities within a 4,811 square foot building. The building, renovated in 2022, is ideally suited for multiple tenants. Ground floor spaces are perfect for restaurant uses, while the second floor provides versatile office space. The minimum divisible space is 143 square feet, allowing for flexibility for smaller businesses, while larger contiguous spaces of up to 347 square feet are also available. Currently, 977 square feet are vacant and ready for immediate occupancy. The building does not have elevators. This property is situated in Union County and offers a prime location in the vibrant city of Rahway. The address is easily accessible and provides excellent visibility for businesses seeking a strong presence in the area. This is a fantastic opportunity for businesses seeking a diverse and adaptable space in a thriving New Jersey community. The property type includes retail, office, restaurant, lounge, and bar options, making it suitable for a wide range of commercial ventures.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $646,252
    Hospitality
    $591,963
    Educational
    $492,506
    Medical
    $509,444
    Retail
    $766,121
1420 Irving St, Rahway, New Jersey
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Location Insight

City
Rahway
County
Union
State
New Jersey
Latitude
40.6067
Longitude
-74.2758
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,630
$43,400
$63,300
$106,700
-
$43,400
$63,300
$106,700

FAQs

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