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996 Stuyvesant Ave
Union Township, NJ 07083
2010 & 2012 Morris Ave, Union, NJ · Retail Property For Sale
Investment Highlights
- Corner mixed-use building in the heart of Union Center shopping district in New Jersey with municipal parking to the rear of the building.
- Property provides stable cash-flow along with huge value-add potential.
- Located adjacent to a newly developed mixed-use project, part of the Centurion Union Center plan and Union’s downtown center revitalization.
- Tremendous frontage & exposure of ~240 feet along Morris Avenue and Stuyvesant Avenue.
- Surrounded by local and national retailers including The UPS Store, Dunkin’, Walgreens, Unity Bank, and Stop & Shop.
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,365 SF
Building Class
C
Year Built
1950
Percent Leased
62%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.50
Lot Size
0.22 AC
Zoning
UCBD - Union Center Business District
Parking
1 Spaces (0.07 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Signalized Intersection
- Skylights
Property Taxes
| Parcel Number | 19-02903-0000-00019 | Improvements Assessment | $196,100 |
| Land Assessment | $45,600 | Total Assessment | $241,700 |
Property Taxes
Parcel Number
19-02903-0000-00019
Land Assessment
$45,600
Improvements Assessment
$196,100
Total Assessment
$241,700
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