217 Rahway Ave, Elizabeth City, NJ 07202
Union County
Key Facts
Description
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
Property Information
Property Type
Commercial Sale
Year Built
1900
Stories
3
Living Area
3,115 sq ft
Ownership
Fee Simple
MLS® Listing#
4033212
Property Features
Heating
Basement
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$20,238
Tax year 2025
Assessed Value
$1,003,400
Parcel Number
2904-00350-0000-00032-0000-
Directions
Rahway Avenue
Affordability Calculator
$295,000
Estimated monthly payment
$7,851/mo
Principal $1,180,000 · Est. interest $1,646,205 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elizabeth City, NJ
- $615,363
- Median Listing Price
- 49
- Median Days on Market
- 1,400
- Median Sq Ft
- $411
- Median Price / Sq Ft
- 3,218
- Active Listings
- This home’s price is 140% above the area median.
- Its price per sq ft is 15% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elizabeth City, NJ.
Location
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Points of Interest in Elizabeth City, NJ
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 387 8TH ST 5F, Jersey City, NJ | $1,035,000 | 2 | 2 | 1,130 |
| 3729 Asbury 1, Ocean City, NJ | $1,049,000 | 3 | — | 1,200 |
| 417 Monmouth St, Jersey City, NJ | $1,049,777 | 3 | 3 | — |
| 363 10Th Ave, Paterson City, NJ | $1,050,000 | 7 | 5 | — |
| 86 Bartholdi Ave, Jersey City, NJ | $1,050,000 | 7 | 3 | — |
| 86 BARTHOLDI AVE, Jersey City, NJ | $1,050,000 | 7 | — | — |
Moving Cost Estimate
EXIT Agents in Elizabeth City
Listing Courtesy: WEICHERT REALTORS - 9736355000