Union Buildable Lot For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30324059
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 1,800 SF
Gross Building Area: See Agent
Gross Land Area: 100 - 334 SF
Sale Price: $650,000
Unit Price: $361.11 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2018

Overview / Comments

This property is being sold "as is". The house is not habitable and is approximately 1800sf, but has not been measured. The cinder block building is larger, but due to it not being habitable, has not been measured.

It is zoned Commercial Office Building, however, it is non-conforming due to lot size. Whatever you would want to use the property for, would require a zoning variance. Owner will sell the property "subject to" your getting the zoning variance.

Most likely highest and best use is Townhouses or separate Multi-Family housing. Check with Union Township Zoning to see what they would prefer, allow or not allow. There are two uninhabitable building on the property. In front is a house and in the rear a cinder block commercial building. They are both a hazard, so do not enter either building. Owner will accompany is interested in seeing the house. There is a lock box on the fence near the gate, to see the back of the property. Call or text me for the combination. Text or call me to let me know you are going over to see it. Bob Kahn, eXp Realty - 908-451-0373.

Additional Details

Nearest MSA: New York-Newark-Jersey City
County: Union
Taxing Authority: The Township of Union
Zoning: COMMERCIAL OB (OFFICE BUILDING) NON-CONFORMING
Property Located Between: Burnet Avenue and Ritorto Court
Property Visibility: Excellent
Largest Nearby Street: Burnet Avenue
Highway Access: Right turn on Burnet and down 1/2 or so to Rt 78 east entrance.
Airports: Newark Liberty
Site Description: Two vacant, derelict buildings, mostly treed lot. 100' x 334" lot. A small stream, (never floods) on the right side of the property. Blacktop driveway, multi-car parking, possible in-ground tanks.
Area Description: Mixed use, behind all residential, left and right of the property two house, and the rest commercial including Union Fire House. Across the street is also mixed use, with homes, commercial, Avalon Apartments, Townhomes, then mostly homes.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Poor
Parking Type: Surface
Parking Description: The front of the lot by the two buildings are blacktop. The driveway is two cars wide. Parking for approximately 5-7 cars.
Zoning Description: Commercial OB, (Office Building) Property is Non-Conforming
Lot Frontage: 100
Lot Depth: 334
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: 2481 Vauxhall Road, Union, NJ 07083 Block: 5601 Lot: 46

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,958 244,091 735,717
Median Age: 40.33 38.15 36.42
Households: 10,544 86,546 261,755

Contact

Photograph of Listing Agent

Robert Kahn

EXP Realty
TSCPIX Member
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