1006 Rahway Ave Avenel, NJ 07001-2037
This exceptional mixed-use property in Avenel, New Jersey, presents a unique investment opportunity. Located at 1006 Rahway Avenue, Woodbridge Township, Middlesex County (zip code 07001), this two-story, 1920-built building offers a blend of commercial and residential space. The ground floor boasts versatile retail space, perfect for businesses seeking high visibility due to its large front windows and high-traffic location. The space is ideal for a variety of retail uses. Upstairs, a charming two-bedroom apartment provides a comfortable residential retreat, complete with a full kitchen and ample natural light. This well-maintained unit offers potential rental income. The property sits on a 0.069 square foot lot. This property is an excellent choice for investors seeking rental income or a live-work arrangement. Its convenient location offers easy access to local amenities, parking, and public transportation. The asking price is $399,000. Seller financing is available, providing flexible payment options. This is a rare opportunity to acquire a versatile property in a desirable location.
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JR Taxation Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Avenel, NJAvenel. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.