1066 Westfield AveRahway, NJ 07065-2041

  • Retail properties
  • 0.11 AC
For Sale
$850,000 View listing

Property Details for 1066 Westfield Ave

Year built
1930
Construction
CONCRETE BLOCKS
Lot size
0.11 AC
Property type
Retail properties
Property subtype
Gas stations
APN
13 00187-0000-00001
APU
1300187000000001

Description

This exceptional commercial property, located at 1066 Westfield Avenue in Rahway City, New Jersey, presents a unique investment opportunity. The 990-square-foot building sits on a 0.1-acre lot and is ideally situated near the intersection of Westfield Avenue and Broadway/Madison Avenue, ensuring high visibility and accessibility. Currently configured as a tire shop, the property boasts a recent top-to-bottom renovation, including a new roof, doors, and windows, updated electrical systems with LED lighting, and a new office with a half-bath. The interior features two heated and air-conditioned bays, providing ample workspace. Extensive parking is available, accommodating ten or more vehicles in the front and additional space at the rear. The property's strategic location within a high-traffic area guarantees consistent customer flow and substantial revenue potential. The asking price of $850,000 includes the real estate. This is a turnkey operation ready for immediate occupancy or further development. The property's zip code is 07065-2041, and it is located in Union County, New Jersey. This is an excellent opportunity to acquire a well-maintained, high-traffic commercial property in a desirable location.

1066 Westfield Ave, Rahway, New Jersey

Location Insight

City
Rahway
County
Union
State
New Jersey
Latitude
40.6159
Longitude
-74.2914
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,680
$74,500
$32,900
$107,400
-
$74,500
$32,900
$107,400

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