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$675,000
Est. payment /mo
5 BD
4 BA
19,998 SqFt
New
515 Maple Ave Rahway City, NJ 07065
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UPDATED:
01/11/2025 06:02 AM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $33
MLS Listing ID 3940432
Style 3-Three Story
Bedrooms 5
Full Baths 4
Year Built 1750
Annual Tax Amount $7,049
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Discover a newly renovated multifamily gem, updated in 2024, that offers opportunity for both savvy investors and multigenerational living situations. With its thoughtful layout and prime location, this property is a rare find that balances modern living with incredible income potential.The first level serves as a spacious main living area or primary rental unit, featuring a bedroom with an en suite bathroom, a convenient laundry area, and an open-concept living room that flows seamlessly into a modern kitchen with a center island. This level also includes a second bedroom, another full bathroom, and an additional private bedroom suite?perfect for guests or premium rental income.On the 2nd level, Unit 2 offers a comfortable kitchen and living room, a full bathroom, and a bright, cozy bedroom. The third floor expands the potential even further, with two additional bedrooms, another full bathroom, and its own laundry area.Strategically located near Rahway High School, the bustling Saint Georges Avenue, and local bus routes, this home ensures ease of access to key amenities. It?s just half a mile from the Rahway Train Station, making it commuter-friendly, and less than a mile from Rahway River Park, offering recreational escapes.
Location
State NJ
County Union
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by KELLER WILLIAMS REALTY