Active

$795,000

1582 Irving St #000, Rahway City, NJ 07065

--beds

4baths

2,650sqft

:

$5,867/mo

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Apartment

Built in 1930

-- sqft lot

$-- Zestimate^®

$300/sqft

$-- HOA

What's special

Fully renovated three-story buildingPartially replaced windowsBrand-new stucco facadeUpdated kitchens and bathrooms

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.

49 days
164
13

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 4

Heating

2 Units, Baseboard - Hotwater, Zoned, Natural Gas

Cooling

Window Unit(s)

Features

Doors: Max Door Height: 0, Number of Doors: 0
Basement: None

Interior area

Total structure area: 2,650
Total interior livable area: 2,650 sqft

Property

Parking

Parking features: None, On-Street Parking
Has uncovered spaces: Yes

Features

Stories: 3

Lot

Size: 4,356 Square Feet
Dimensions: 24 x 97
Features: Business District

Details

Parcel number: 2913001530000000040000
Zoning description: S01-COMM

Construction

Type & style

Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes

Materials

Wood, See Remarks, Vinyl Siding
Roof: Rubber

Condition

Year built: 1930
Major remodel year: 2012

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Rahway

Financial & listing details

Price per square foot: $300/sqft
Tax assessed value: $160,000
Annual tax amount: $12,433
Date on market: 7/13/2026
Inclusions: Building & Land
Ownership type: Fee Simple
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$3,574/mo

Price history

Date	Event	Price
7/13/2026	Listed for sale	$795,000$300/sqft
Source: GSMLS #4040258 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 07065

Getting around

85 / 100

Very Walkable

50 / 100

Good Transit

73 / 100

Very Bikeable

Nearby schools

GreatSchools rating

5/10
Franklin Elementary School
Grades: PK-6Distance: 0.6 mi
5/10
Rahway Middle School
Grades: PK,7-8Distance: 1 mi
1/10
Rahway High School
Grades: 9-12Distance: 0.9 mi

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New Jersey
Union County
Rahway
07065
1582 Irving St Unit 000

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