Property summary
Exceptional investment opportunity in Elizabeth, New Jersey, featuring a four-unit building at 416-418 Rahway Ave, zip code 07202. This property boasts two residential apartments and two commercial spaces, offering a diverse income stream. Each apartment comprises three bedrooms and one bathroom, an eat-in kitchen, a formal living room, and a formal dining room. Modern conveniences include central air conditioning and forced-air heating, with all utilities separately metered for efficient… management. The apartments command a monthly rent of $2,200 each. The commercial spaces generate substantial rental income: the first-floor store currently leases for $1,500 per month, and the second-floor office rents for $2,000 per month. The building provides ample parking, accommodating up to 15 vehicles. Located in Union County, this property presents a compelling investment opportunity due to its strong rental income, desirable features, and convenient location in Elizabeth, NJ. The asking price for this multifamily and commercial property is $1,349,000, representing a price per unit of $674,500. This is a turnkey investment ready for immediate income generation.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 31 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,818 SF
- Lot area
- 0.17 ac
- Year built
- 1928
- Stories
- 2
- APN
- 04 00373-0000-00035
- Assessed value · 2023
- $57,200
- Annual tax · 2022
- $17,491
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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