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    655 Rahway Ave Woodbridge Township, NJ 07095

    • Office buildings
    • 0.42 lot acres
    For Sale
    View listing
    $479,500
    Value Estimation
    Last Sale
    Mar 27, 2025
    $520,000
    Location Intelligence
    Property ID
    US59-0211260
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 655 Rahway Ave

    Year built
    1980
    Lot size
    0.42 lot acres
    Zone code
    R-6
    Property type
    Office buildings
    APN
    25 00566- 02-00002- 02
    APU
    2500566020000202

    Description

    This exceptional commercial property at 655 Rahway Avenue in Woodbridge Township, New Jersey, presents a unique investment opportunity. Priced at $479,500, this 1,272 square foot building sits on a substantial 0.424-acre lot (60x308 feet), offering significant potential. Built in 1950, the two-story structure previously served as a real estate office and boasts a versatile layout suitable for various uses. The zoning, while residential, allows for continued commercial use, a significant advantage for potential buyers. The building features a welcoming reception area, four separate offices (two on each floor), and a full, unfinished basement offering ample space for expansion or storage. The property's history as a successful office, combined with its generous lot size and flexible zoning, makes it an attractive prospect for entrepreneurs and investors alike. This is a rare chance to acquire a well-located, adaptable commercial space in a thriving New Jersey community. The property's address is 655 Rahway Avenue, Woodbridge Proper, NJ 07095.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $560,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $595,000
      Mixed-Use
      $635,000
      Hospitality
      $560,000
      Educational
      $575,000
      Residential Income
      $480,000
      Energy
      $630,000
      Income-Based Land
      $585,000
      Food Service
      $600,000

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2741
    Latitude
    40.5635
    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
    $8,590
    $22,500
    $46,800
    $69,300
    -
    $22,500
    $46,800
    $69,300

    Comparable in this City

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    • Value Estimation by Request
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      541 Main St

      OFFICE BUILDING • 10,062 SF
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      View Details
    • Value Estimation
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      2,543 SF

      281 Main St

      OFFICE BUILDING • 2,543 SF
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      View Details
    • Value Estimation by Request
      0.17 Acres

      502 Rahway Ave

      OFFICE BUILDING • 0.17 Acres
      502 Rahway Ave, Woodbridge, NJ 07095-3417
      View Details

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    655 Rahway Ave
    Woodbridge Township, NJ 07095
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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