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Titan Union 2003 Morris Ave 43 Unit Apartment Building For Sale 6.93% Cap Rate Union Township, NJ 07083



Executive Summary
PLEASE SEE ATTACHED BROCHURE - AMAZING INVESTMENT OPPORTUNITY IN PRIME LOCATION WITH HIGH RETURNS AND UPSIDE.
Property Facts
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.93% | Lot Size | 0.55 AC |
| No. Units | 43 | Building Size | 77,804 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise |
| Sale Type | Investment |
| Cap Rate | 6.93% |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 77,804 SF |
| No. Stories | 4 |
| Year Built | 2023 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Island Kitchen
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Media Center/Movie Theatre
- Package Service
- Roof Terrace
- Conference Rooms
- Elevator
- Lounge
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 669 - 717 |
| 1+1 | 33 | - | 688 - 1,030 |
| 2+1 | 6 | - | 792 - 981 |
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Walk Score®
Walker's Paradise (92)
Property Taxes
| Parcel Number | 19-04214-0000-00018 | Improvements Assessment | $50,000 |
| Land Assessment | $200,000 | Total Assessment | $250,000 |
Property Taxes
Parcel Number
19-04214-0000-00018
Land Assessment
$200,000
Improvements Assessment
$50,000
Total Assessment
$250,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The DiOrio Team at Berkshire Hathaway Commercial
Titan Union | 2003 Morris Ave
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