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1361 Saint Georges Ave

Rahway City, NJ 07065
  • $955,000
  • STATUS: Active Under Contract
  • ON SITE: 186 Days
  • MLS #: 3930441
Under Contract
UPDATED: 64 min ago
$955,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,403
    SQFT
  • $397
    $/SQFT
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

This Property makes Money! Currently over $85,000 net per year, with built-in increases .Solid long term tenant pays all expense under a triple net lease. Tenant has 5 year options till 2043. Professional Building totally renovated in 2011, 2 zone central air and gas heat, parking for 10, includes,1 handicap space, UVAngel air infiltration system, Ideal return for investors! 8.9 Cap Rate. Storage areas-Basement -10x15, 2nd flr-20x10, 3rd flr-10x10

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Garden State MLS logo © 2025 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 eXp Realty. 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 eXp Realty 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 2025-04-26T09:46:28.597.
www.sellwithsikora.com/homes/156991252
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1361 Saint Georges Ave Rahway City, NJ 07065

  • Price: $955,000
  • Status: Active Under Contract
  • On Site: 186 Days
  • Updated: 64 min ago
  • MLS #: 3930441
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,403
SQFT
$397
$/SQFT
1900
Built
County:
Union
Area:
Rahway City
Property Description
This Property makes Money! Currently over $85,000 net per year, with built-in increases .Solid long term tenant pays all expense under a triple net lease. Tenant has 5 year options till 2043. Professional Building totally renovated in 2011, 2 zone central air and gas heat, parking for 10, includes,1 handicap space, UVAngel air infiltration system, Ideal return for investors! 8.9 Cap Rate. Storage areas-Basement -10x15, 2nd flr-20x10, 3rd flr-10x10
Exterior Features

Approximate Lot Size 72X98 Available Parking Spaces 10 Construction Brick/Block Exterior Description Brick/BlockVinyl Siding Location FreestandingHighway Location Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopFencingLightingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description StorageUnfinished Cooling 2 UnitsCentral Air Equipment Available Fire AlarmFixturesRestrooms - PrivateSecurity SystemSee RemarksSign - FreestandingSmoke DetectorStorage Area(s) Floors CarpetingTileVinyl-Linoleum Heating 2 UnitsForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 2 Office Sq Ft 1664

Property Features

Available Negotiable Building Number 1361 DEPStatus Unknown For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 85680 Lease Includes Building InsuranceCommon Area MaintCoolingElectricGasHeatSewerTaxesWater Lease Type Net Monthly Maintenance Fee 0 Net Operating Income 85680 Number Of Volts 200 Permitted Use Professional Primary Property Type OffcFStd Property Type Free Standing OfficeSee Remarks Sale Includes Building OnlyEquipment Sewer Public SewerSewer Charge Extra Suite Number 0 Tax Amount 21891 Tax Rate Amount 7.562 Tax Rate Year 2024 Tax Year 2024 Tenant Pays ElectricHeatHot WaterMaintenance-LawnRepairsSewerSnow RemovalWater Total Operating Expense 0 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning R-2

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of VILLAGE GREEN REALTORS: 732-381-7477.


Garden State MLS logo © 2025 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 eXp Realty. 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 eXp Realty 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 2025-04-26T09:46:28.597.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042