217 Rahway Ave Elizabeth, NJ $ 1,475,000
217 Rahway Ave
$ 1,475,000
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217 Rahway Ave

Elizabeth, NJ, 07202
$ 1,475,000
Bedrooms-- Baths-- Sq 3,115

Monthly Estimate*

$ 9,082

217 Rahway Ave, Elizabeth, NJ 07202 - Image 1
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Commercial Property for sale in Elizabeth, NJ

for $1,475,000 with 4 half baths. This 3,115 square foot building was built in 1900.

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

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Commercial Active

Price

$ 1,475,000

Half Bath

4

Property Type

Commercial

Taxes

$ 20,238

Style

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4033212

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit
Cooling 1 Unit
Utilities Electric
Possession POT
Roof Asphalt Shingle
Zoning C-2
Year Built 1900
Township Elizabeth City
Property Type See Remarks See Remarks
Tax Year 2025
Ownership Fee Simple
Location See Remarks
County Union
Status Active
Directions Rahway Avenue
Number Of Units Total 3
Tax Annual Amount 20238
Drive Common
Leasable Area 3115
Standard Status Active
Tax Assessed Value 1003400
Town # 2904
Tax Lot 32
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 4
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 3115
Lot Dimensions 62X258 IRR
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* Excluded Features
List By
John C. Tunny

Listing Agent

Weichert Realtors

Broker

Chatham

Office

Affordability Calculator

$10,768
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,082
Monthly Property Taxes
$1,687
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/9/2026$1,475,000 Listed Price

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217 Rahway Ave, Elizabeth, NJ, 07202 is a Commercial Property for sale at $1,475,000 with 3,115 sqft. 217 Rahway Ave was built in 1900. The property's zip code is 07202 which is in Elizabeth, NJ