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465 W Union Ave
Bound Brook, NJ 08805
Retail Property For Sale
EXECUTIVE SUMMARY
The property is currently under review by the township for approval to be converted into a mixed-use project, combining residential units with retail space on the ground floor. The building features a loading door at the rear, and there is an opportunity to transform the rear lot into additional on-site parking spaces.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,051 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
B-1 - MU-2 ZONE: RETAIL, GROCERY STORES, BUSINESS, OFFICE, MEDICAL, HEALTH, FITNESS, RECREATIONAL AND RESIDENTIAL USE
Parking
18 Spaces (2.97 Spaces per 1,000 SF Leased)
Frontage
100’ on Union Ave
PROPERTY TAXES
| Parcel Number | 04-00071-0000-00011 | Improvements Assessment | $420,000 |
| Land Assessment | $368,000 | Total Assessment | $788,000 |
PROPERTY TAXES
Parcel Number
04-00071-0000-00011
Land Assessment
$368,000
Improvements Assessment
$420,000
Total Assessment
$788,000
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