Mixed-Use Storefront with
572 Union Blvd, Totowa Boro, NJ 07512
New
Multi-Family, 2-Two Story, Fixer Upper - Totowa Boro, NJ
Property size:
5,200 SFLot size:
0.17 AcresPrice / SF:
$192/SF- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 572 Union Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Master Bedroom
- Parking
- 4
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 5,200 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15837
Utilities
- Cooling system
- Multi Units
Building Details
- Year built
- 1941
- Number of units
- 2
- Building materials
- Aluminum Siding, Brick, Vinyl Siding
- Roof type
- Flat
- Architectural style
- Other
Listing agent DAVID SIMONETTI (973) 994-9009
Listing office ELITE REALTORS OF NEW JERSEY 160 S. LIVINGSTON AVENUE, Livingston, NJ (973) 994-9009
Listing date Jun 22, 2026
MLS# 4035972
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 5,200 SF mixed‑use building with ground‑floor commercial storefront, attached garage, and expansive second‑floor retail/warehouse area.
- Residential unit features 3 bedrooms and 1.5 baths, plus a full finished basement with additional usable space.
- Built in 1941 with flat roof and multi‑unit cooling; exterior materials include aluminum siding, brick, and vinyl siding.
- Lot is approximately 60' x 125' and includes a massive fenced backyard with potential for additional parking or outdoor storage.
- Parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking.
- Pro forma income includes $3,500-$4,000/month for the apartment and about $8,000/month for ~4,000 SF commercial space (projected gross $11,500-$12,000/month).
Overview
This mixed-use fixer-upper combines commercial and residential components under one roof, with approximately 5,200 square feet of flexible space. The layout includes a large commercial storefront, an attached garage, and an expansive second-floor retail/warehouse area. A spacious 3-bedroom, 1.5-bath apartment is complemented by a full finished basement that can support storage, operations, or other practical uses depending on the buyer’s plan.
The property sits on an approximately 60' x 125' lot with a massive fenced backyard. Parking includes a front driveway, an oversized garage, additional frontage parking, and ample street parking. The address is 572 Union Blvd in Totowa Boro, New Jersey, within Passaic County.
For buyers and operators, the configuration supports a range of live/work and business models, including retail, office, warehouse, and contractor space, as well as possible redevelopment of the residential component subject to municipal approvals. The outdoor area may also be considered for additional parking and/or outdoor storage based on the buyer’s intended use. The listing materials also reference pro forma income potential for the residential apartment and the commercial space, which may be reviewed as part of underwriting.
The property sits on an approximately 60' x 125' lot with a massive fenced backyard. Parking includes a front driveway, an oversized garage, additional frontage parking, and ample street parking. The address is 572 Union Blvd in Totowa Boro, New Jersey, within Passaic County.
For buyers and operators, the configuration supports a range of live/work and business models, including retail, office, warehouse, and contractor space, as well as possible redevelopment of the residential component subject to municipal approvals. The outdoor area may also be considered for additional parking and/or outdoor storage based on the buyer’s intended use. The listing materials also reference pro forma income potential for the residential apartment and the commercial space, which may be reviewed as part of underwriting.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.9k | $25.56 |
| − Vacancy | −$8.6k | −$1.65 |
| EGI | $124.3k | $23.91 |
| − OpEx | −$37.3k | −$7.17 |
| NOI | $87.0k | $16.74 |
5,200 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $87,028 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$1.14M
$999.6K – $1.33M
NOI $79,966 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,048 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Sim-O-Rama Sound
Electronics & Wireless Store
Similar Places Nearby
- Firehouse Subs Totowa — 205 US-46 Ste E, Totowa, NJ 07512
- Five Star Caterers, Inc — 383 Minnisink Rd, Totowa, NJ 07512
- Sazon Con Clase LLC — Elizabeth Pl, Totowa, NJ 07512
- Durum Doner Turkish-Mediterranean Cuisine — 327 Union Blvd, Totowa, NJ 07512
Location Insight
- Map
- Local Demand
- City
- Totowa Boro
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.21908
- Latitude
- 40.8994
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Fixer-upper mixed-use property with storefront space, attached garage, apartment, finished basement, and a fenced backyard.
Where is this flex space located?
The property is located at 572 Union Blvd Totowa Boro, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Approximately 5,200 SF mixed‑use building with ground‑floor commercial storefront, attached garage, and expansive second‑floor retail/warehouse area.; Residential unit features 3 bedrooms and 1.5 baths, plus a full finished basement with additional usable space.; Built in 1941 with flat roof and multi‑unit cooling; exterior materials include aluminum siding, brick, and vinyl siding.
