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1582 Irving St

Rahway City, NJ 07065
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • MLS #: 4040258
Under Contract
UPDATED: 206 min ago
$795,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,650
    SQFT
  • $300
    $/SQFT
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco facade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-08T23:48:45.903.
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1582 Irving St Rahway City, NJ 07065

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 206 min ago
  • MLS #: 4040258
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,650
SQFT
$300
$/SQFT
1930
Built
County:
Union
Area:
Rahway City
Property Description
Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco facade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.
Exterior Features

Approximate Lot Size 24X97 Construction Wood Exterior Description See RemarksVinyl Siding Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description NoneOn-Street Parking Roof Description Rubberized

Interior Features

Basement No Cooling Window A/C(s) Equipment Available Restrooms - Private Heating 2 UnitsBaseboard - HotwaterMulti-Zone Max Ceiling Height 13 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 4 Office Sq Ft 950

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 81600 Net Operating Income 63567 Primary Property Type Store With Apartment Property Type Mixed UseStore With Apartment Sale Includes Building & Land Sewer Public Sewer Suite Number 000 Tax Amount 12433 Tax Rate Amount 7.584 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 18033 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate Zoning S01-COMM

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-320-8098.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-08T23:48:45.903.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527