Mixed-Use

1026-1062 Westfield Ave, Rahway

Listing Price: $900,000

Lot Size
0.38 acres
Price/Acre
$2,348,248
Land Type
Redevelopment
Buildable Square Feet
12,521

Investment Overview

1062-1066 Westfield Avenue and 1355 Madison Avenue is a 16,695 development opportunity located in Rahway, New Jersey. The properties resides at the corner of Westfield Avenue and Madison Avenue. The properties have the potential to be built into a single story, 5,000 square foot retail space with the 29 parking spaces or an approximately 12,521 two and a half story mixed use building. The opportunity is located a 1.5 miles from down town Rahway and the Rahway Train Station. The location experiences a daily traffic count of 20,013. The properties is located a block from of Robert Wood Johnson Hospital and has easy access to Route 27, Garden State Parkway, Route 1 & 9 and Interstate 95. Rahway's downtown has seen a surplus of development over the last couple of years. The downtown residential area has become transit oriented, the developments just blocks from the Rahway Train Station with a direct route into Manhattan. The development has sparked 500 new units, including, the five story, 219 unit The Reva and The Mint, a 116 luxury apartment building.

Investment Highlights

  • The properties offer an excellent retail or mixed use development opportunity
  • The corner lot has the potential to be built into a 5,009 square foot retail space with 29 surface spaces or a 2.5 story mixed use space an approximately 12,521 two and a half story mixed use building
  • Daily traffic count of 20,013
  • 1.5 miles from downtown Rahway and Train Station

Exclusively Listed By

Mixed-Use

1026-1062 Westfield Ave, Rahway

Listing Price: $900,000

Lot Size
0.38 acres
Price/Acre
$2,348,248
Land Type
Redevelopment
Buildable Square Feet
12,521

Investment Highlights

  • The properties offer an excellent retail or mixed use development opportunity
  • The corner lot has the potential to be built into a 5,009 square foot retail space with 29 surface spaces or a 2.5 story mixed use space an approximately 12,521 two and a half story mixed use building
  • Daily traffic count of 20,013
  • 1.5 miles from downtown Rahway and Train Station

Investment Overview

1062-1066 Westfield Avenue and 1355 Madison Avenue is a 16,695 development opportunity located in Rahway, New Jersey. The properties resides at the corner of Westfield Avenue and Madison Avenue. The properties have the potential to be built into a single story, 5,000 square foot retail space with the 29 parking spaces or an approximately 12,521 two and a half story mixed use building. The opportunity is located a 1.5 miles from down town Rahway and the Rahway Train Station. The location experiences a daily traffic count of 20,013. The properties is located a block from of Robert Wood Johnson Hospital and has easy access to Route 27, Garden State Parkway, Route 1 & 9 and Interstate 95. Rahway's downtown has seen a surplus of development over the last couple of years. The downtown residential area has become transit oriented, the developments just blocks from the Rahway Train Station with a direct route into Manhattan. The development has sparked 500 new units, including, the five story, 219 unit The Reva and The Mint, a 116 luxury apartment building.

Exclusively Listed By

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