33-35 E Milton Ave | Rahway, NJ 07065
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33-35 E Milton Ave
Rahway, NJ 07065
Retail and Office · Office Property For Sale
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,876 SF
Building Class
B
Year Built
1925
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
938 SF
Slab To Slab
10’
Building FAR
1.14
Lot Size
0.04 AC
ABOUT 33-35 E MILTON AVE , RAHWAY, NJ 07065
Great investment opportunity! Income producing property. Two retail stores on the first floor and 1 apartment on the second floor. At present, a store is rented to a lawyer and the other store is vacant. 2nd floor apartment has a tenant with two year lease. Proforma income is $40,200 / yr, expenses $8798 / yr and the NOI is $31402 / yr. Proforma CAP is 6.05%.
PROPERTY TAXES
| Parcel Number | 13-00311-0000-00002 | Improvements Assessment | $100,600 |
| Land Assessment | $28,400 | Total Assessment | $129,000 |
PROPERTY TAXES
Parcel Number
13-00311-0000-00002
Land Assessment
$28,400
Improvements Assessment
$100,600
Total Assessment
$129,000
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