News has been a little slow of late so I've been perusing property transactions in Rahway and came across this one.Universal Meat Supermarket on Elizabeth Avenue sold for $3.195 million in January, according to PropertyShark.com. V&D Properties, which lists the supermarket as its address, 2325 Elizabeth Ave. (Block 273/Lot 2), bought the 2.155-acre property from a Linden-based entity called Mia Tierra Linda, Inc., which acquired the site in October 2002 for $2.128 million. (That's $1.067 million more, or 50 percent, in about 6 years and 3 months, for those of you scoring at home.)
The 32,000-square-foot building was built in 1963, according to land records, and is assessed at about $1.45 million, for property taxes of almost $69,000.
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5 comments:
I wonder if the new owners will keep it as a supermarket. In all the years that I've lived here in town(24), I've never been to that place.
it used to be a meat market I think
ew
nice smokestack
thats the smoker out back..
Best wall of rice ever.
Ahah! That's great. I've watched that store change hands soooo many times. I wonder how long this one will last. :P
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