BEDS3
BATHS1 full 1 partial
MLS#4035972
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment Potential Exceptional mixed-use property offering approximately 5,200 square feet of flexible space, including a large commercial storefront, attached garage, expansive second-floor retail/warehouse area, a spacious 3-bedroom, 1.5-bath apartment, and a full finished basement providing additional usable space for storage, operations, or a variety of potential uses. The versatile layout provides endless possibilities for investors, business owners, developers, or owner-occupants. Potential uses include retail, office, warehouse, contractor space, live/work arrangements, or the creation of additional residential units, subject to municipal approvals. Situated on an approximately 60' x 125' lot, the property features a massive fenced backyard with potential for additional parking, outdoor storage, or future expansion. Existing parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking. Pro Forma Income Potential Residential Apartment: $3,500-$4,000/month ($42,000-$48,000/year)Commercial Space (Approx. 4,000 SF): $8,000/month ($96,000/year)Projected Gross Income: $11,500-$12,000/month ($138,000-$144,000/year)A rare opportunity to acquire a highly adaptable mixed-use property with strong income potential, a full finished basement, and significant upside for future growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bilco-Style Door, Finished-Partially, Full
Cooling: 2 Units
Fuel Type: Gas-Natural
Garage: 2
Heating: 2 Units
Lot Size: 0.17 Acres
Roof Type: Flat
Taxes: $15,837
Year Built: 1941
Feature Descriptions
Days on Site: 9
Driveway: 2 Car Width, Concrete
Exterior: Aluminum Siding, Brick, Vinyl Siding
Lot Dimensions: 0.17 acre(s)
Parking Notes: Built-In Garage, Finished Garage, Garage Door Open
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: ELITE REALTORS OF NEW JERSEY
Agency Contact: 973-986-4730
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,836.98 per month $2,225.57 Principal & Interest $1,319.75 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
572 Union Blvd | MLS# 4035972
This multi-family property located at 572 Union Blvd, Totowa, NJ 07512 is currently listed for sale with an asking price of $999,999. Search Totowa real estate on www.realtymark.net today.