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217 Rahway Ave
Elizabeth, NJ 07202
Retail Property For Sale
Executive Summary
Multifamily Development Project. This mixed-use property is ideally located near the NJ Transit Elizabeth Station and offers unlimited potential. Zoned for both multi-family residential and C-2 commercial use, it provides outstanding flexibility for investors, developers, and business owners alike. Whether you are planning residential units, a mixed-use project, or a successful commercial venture, the possibilities are endless. With excellent visibility, accessibility, and versatility, this property presents a unique opportunity in a prime location. Buyers are responsible for confirming permitted uses with the municipality.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,115 SF
Building Class
B
Year Built
1929
Price
$2,049,070 CAD
Price Per SF
$657.81 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.16
Lot Size
0.46 AC
Zoning
C-2 - Commercial
Parking
8 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
60’ on Rahway Ave
Property Taxes
| Parcel Number | 04-00006-0000-01005 | Improvements Assessment | $536,092 CAD |
| Land Assessment | $857,831 CAD | Total Assessment | $1,393,923 CAD |
Property Taxes
Parcel Number
04-00006-0000-01005
Land Assessment
$857,831 CAD
Improvements Assessment
$536,092 CAD
Total Assessment
$1,393,923 CAD
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