247 Elm Ave Rahway, NJ $ 725,000
247 Elm Ave
$ 725,000
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247 Elm Ave

Rahway, NJ, 07065
$ 725,000
Bedrooms-- Baths-- Sq 3,650

Monthly Estimate*

$ 4,523

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Commercial Property for sale in Rahway, NJ

for $725,000 with 4 half baths. This 3,650 square foot building was built in 1920 on a lot size of 0.1.

Wonderful opportunity to own a mixed use building on one of the most desirable streets in Rahway. Currently operating as a funeral home, this well maintained building offers 2 units, one with approximately 1692 sq ft above grade commercial space along with a finished basement, and above a residential unit with approximately 1961 sq ft spanning the second and third floors. The first floor features a large office, hallway to the viewing area and chapel and a half bath. First floor is also equipped with mini splits. Basement features two finished rooms, half bath, and utility room. All utilities are recently updated with a direct hot water heater and two furnaces. Second floor features a living room, large eat in kitchen, two bedrooms and a full bath. Third floor has an additional living room, bedroom, storage area, and full bath. There is a large two car garage, parking lot, wheelchair ramp, and beautiful landscaping. Business also available separately for sale MLS #3919593 and MLS #3919667 for single family listing.

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Commercial Pending

Price

$ 725,000

Half Bath

4

Property Type

Commercial

Taxes

$ 17,990

Style

Lot Size

0.1

Year Built

1920

Town/City

Rahway

County/Region

Union

MLS | Web ID

3946857

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 2 Units Baseboard - Hotwater
Cooling Ductless Split AC See Remarks Window A/C(s)
Utilities Gas-Natural
Possession POT
Roof Asphalt Shingle Flat
Zoning See descript
Garage Spaces 10
Year Built 1920
Township Rahway City
Property Type Mixed Use See Remarks See Remarks
Tax Year 2023
Ownership Fee Simple
Location Residential Area
County Union
Status Under Contract
Directions St Georges or Irving to Elm
Number Of Units Total 2
Tax Annual Amount 17990
Drive Blacktop Off-Street Parking Parking Lot-Exclusive
Leasable Area 1692
Standard Status Under Contract
Tax Assessed Value 245400
Town # 2913
Tax Lot 3
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Interior
Basement Finished Full Storage
Flooring Carpeting Laminate Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 4
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 10
Exterior Description Aluminum Brick
Building Area Total 3650
Lot Dimensions 75X180
Lot Size Acres 0.10
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* Excluded Features
List By
Hannah Hergenhan

Listing Agent

Weichert Realtors

Broker

Westfield

Office

Affordability Calculator

$6,022
Per Month
75%
25%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$1,499
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2025$725,000 Listed Price

Map


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247 Elm Ave, Rahway, NJ, 07065 is a Commercial Property for sale at $725,000 with 3,650 sqft and a lot size of 0.1. 247 Elm Ave was built in 1920. The property's zip code is 07065 which is in Rahway, NJ