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1307 Stuyvesant Ave 2,799 SF 100% Leased Office Building Union Township, NJ 07083 $1,250,000 ($446.59/SF)



Investment Highlights
- THRIVING DOWNTOWN
- PRIME BUSINESS LOCATION
- STRONG FOOT TRAFFIC
Executive Summary
This iconic property presents a rare opportunity for owner-users, investors, or developers looking to establish or expand in one of Union's most active commercial districts. Located in Union's thriving Downtown Transition Zone, this property offers exceptional visibility, strong foot traffic, and a prime business location. This property features approximately 2,800 sqft of private office space across 3 levels, currently configured with multiple offices and work areas ideal for professional, service, or boutique business use. The building also includes a partially finished basement, kitchenette, and two bathrooms. Another major appeal of this property is the parking lot, which currently offers 15 parking spaces in the rear.Included are architectural and engineering plans that have been prepared illustrating the potential "by right" development of 10 residential units and 1 ground-floor retail unit, subject to all municipal approvals. The property can be maintained in its current use or adapted to one of the many permitted zoning uses, such as mixed-use development, flex space, medical office/ hospital, retail sales, restaurants, category 1&2, fitness centers, child-care centers and more (full permitted use list attached). Buyer to perform their own due diligence. Subject to all municipal approvals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,799 SF
Building Class
C
Year Built
1920
Price
$1,250,000
Price Per SF
$446.59
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
933 SF
Building FAR
0.21
Lot Size
0.31 AC
Zoning
DT - DOWNTOWN TRANSITION
Parking
16 Spaces (5.72 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (86)
Property Taxes
| Parcel Number | 19-02210-0000-00041 | Improvements Assessment | $27,900 |
| Land Assessment | $39,000 | Total Assessment | $66,900 |
Property Taxes
Parcel Number
19-02210-0000-00041
Land Assessment
$39,000
Improvements Assessment
$27,900
Total Assessment
$66,900
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1307 Stuyvesant Ave
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