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Property profile & analytics
OFF-MARKET
Commercial real estate

1006 Rahway Ave Avenel, NJ 07001-2037

0.07 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US59-1441001
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Lot 0.07 ac (3,000 SF)
Zoning code B-1
APN 25 01006-0000-00061
UPID US59-1441001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quick Cash Loan Service
  • JR Taxation Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Avenel 1006 LLC · 1 yrs held
Avenel 1006 LLC
since 2025
Last sale
$375,000
1 recorded transaction
2025
$375,000
Zoning & alternative use
B-1 · Avenel, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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