Property profile

313 Rahway Ave 17 Elizabeth, NJ 07202

OFF-MARKET
Office buildings
Property ID
US59-1438171
1,594 SF 0.15 ac lot Built 1910
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

A standalone three-level commercial building totaling 2,724 square feet in Elizabeth, New Jersey, formerly configured as an attorney’s office, with on-site parking for 10 vehicles and street-level visibility along the Elizabeth corridor. The interior layout includes 3–4 private offices, a dedicated conference room, a combined kitchen/conference area, and three full bathrooms. The space is suitable for professional uses such as legal, insurance, medical, real estate, and engineering/architectural services, with tenant signage and branding visibility present. The property is located near Vine Street and DeHart Place and provides convenient access to major routes including Routes 1 & 9, Route 439, the NJ Turnpike (I-95), the Garden State Parkway, as well as NJ Transit bus routes and Elizabeth train stations; nearby retail and dining are in the surrounding area. The building is leased on a net-lease basis and excludes one office and attic space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1910
Total area 1,594 SF
Lot 0.15 ac (6,395 SF)
APN 04 00356-0000-00039
UPID US59-1438171

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

313 Rahway Ave, Unit 17 Elizabeth, NJ 07202
Elizabeth metro Census 31903 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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