967 Stuyvesant Ave Union, NJ 07083
- Added:
- Oct 6, 2025
- Days on Market:
- 213
- Last Refresh:
- May 6 at 1:06 pm
Property Features for 967 Stuyvesant Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 18177
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1953
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Tile, Wood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent J.C. GONZALEZ (908) 316-8530
Listing office BHGRE ELITE 181 NORTH AVE. EAST, Cranford, NJ (908) 316-8530
Listing date Oct 6, 2025
MLS# 3991035
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
- High income potential with current monthly income of approximately $12,816 and potential to reach $19,500.
- Mixed‑use property with both residential and commercial income streams.
- Strong Net Operating Income (NOI) currently estimated at $121,420.
- Commercial tenants include a storefront, a bar/restaurant with a 5‑year lease (plus additional income for property taxes), and a Verizon antenna lease generating $11,000/year.
- Four 2‑bedroom apartments with significant rental upside (currently rented below market).
- Gross Operating Income (GOI) $153,792 annually.
Overview
Mixed-Use Investment Opportunity in Union
This mixed-use property in Union Twp., NJ, presents an investment opportunity with both residential and commercial tenants. The building includes four 2-bedroom apartments, currently rented below market value at a combined $4,900 per month. There is potential to increase rents to approximately $8,000 per month. The commercial component features a storefront rented for $2,500 per month, and a bar/restaurant under a 5-year lease at $4,500 per month, with an additional $2,000 annually collected for property taxes and separate utilities. A Verizon antenna lease generates $11,000 per year. The total current monthly income is approximately $12,816, with the potential to reach $19,500. The Gross Operating Income (GOI) is $153,792 annually. Estimated expenses include taxes (between $18,177 and $25,177), insurance ($12,695), and water ($1,500 per year). The Net Operating Income (NOI) is currently estimated at $121,420. The property is located on a lot of 0.06 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Union
- State
- New Jersey
- Longitude
- -74.2707211
- Latitude
- 40.6954121
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial income potential.
Where is this mixed-use property located?
The property is located at 967 Stuyvesant Ave Union, NJ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High income potential with current monthly income of approximately $12,816 and potential to reach $19,500.; Mixed‑use property with both residential and commercial income streams.; Strong Net Operating Income (NOI) currently estimated at $121,420.
