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    1306 Stuyvesant Ave Union, NJ 07083

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    For Sale
    $599,000

    Two commercial retail spaces in Union's bustling downtown.

    Lot size:
    0.17 Acres

    Property Features for 1306 Stuyvesant Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1958

    Source: RE/MAX SIGNATURE HOMES Agent REBECCA LA PIRA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Investment Opportunity

    This property offers an investment opportunity in downtown Union. It features two commercial retail spaces with high visibility and foot traffic. The property is located on Stuyvesant Avenue, a business district, and provides parking for customers and employees. The property is fully leased and has rental potential. Its location is near major highways, public transportation, and local attractions.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Norma's Flowers, OT Florist Union, Union Flower Shop, Mimi Planned Events & Party Rentals, More Than A Gift Inc

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2644649
    Latitude
    40.7015751

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    FAQs

    What type of property is this?
    Storefront property - Two commercial retail spaces in Union's bustling downtown.
    Where is this storefront property located?
    The property is located at 1306 Stuyvesant Ave Union, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime location on Stuyvesant Avenue in Union's bustling downtown with high visibility and excellent foot traffic.; - Fully leased commercial retail spaces with strong rental potential.; - Ample parking for customers and employees.
    (201) 660-9933
    Request Owner's contact information
    1306 Stuyvesant Ave Union, NJ 07083
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1306 Stuyvesant Ave Union, NJ 07083
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