Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Woodbridge market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-6 · Woodbridge, NJZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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