967 Stuyvesant Ave Union, NJ 07083

Building Details

Year Built

1953

Listing office Better Homes and Gardens RE Elite j*@elitebhg.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens RE Elite

Report an issue

---

Investment Insights

Based on property information with market context.

This mixed-use property presents an investment opportunity with both residential and commercial tenants. The building includes four 2-bedroom apartments, currently rented below market value at $4,900 per month. Market rents could potentially increase this to approximately $8,000 per month. The commercial component features a storefront rented for $2,500 per month, and a bar/restaurant leased at $4,500 per month under a 5-year lease, with an additional $2,000 per year collected for property taxes and separate utilities. A Verizon antenna lease generates $11,000 annually. The total current monthly income is approximately $12,816, with the potential to reach $19,500, translating to a Gross Operating Income (GOI) of $153,792 annually. Estimated expenses include taxes ($18,177-$25,177), insurance ($12,695), and water ($1,500 per year). The Net Operating Income (NOI) is currently estimated at $121,420.

Key Highlights

• High income potential: Current monthly income of approximately $12,816 with the ability to increase to approximately $19,500 at market rents.
• Mixed‑use property with both residential and commercial tenants, offering diversified income streams.
• Existing commercial leases: Storefront, bar/restaurant (5‑year lease plus property tax contribution), and Verizon antenna lease generating stable income.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $789,000

  Two-Family Residential Income Property

  Two identical units each offer three bedrooms and 1.5 baths with updated kitchens and baths.

  345 Trotting Rd, Union Twp., NJ 07083-8017

  View Details
• 

  $699,000

  Two-Family Home with Finished Basement

  A two-unit residential income property with a finished basement, offering separate living spaces and flexible owner-occupant options.

  304 Concord Avenue, Union Twp, NJ 07083

  View Details
• 

  $1,250,000

  2,800 SF

  Prime Union Commercial Property For Sale

  Iconic property in Union's thriving Downtown Transition Zone.

  1307 Stuyvesant Ave, Union Twp., NJ 07083

  View Details
• 

  $900,000

  Legal 2-Family Over-Under Home

  A legal two-family over-under layout with separate entrances, three bedrooms per unit, and shared site amenities.

  1029 Gifford Ct, Union Twp., NJ 07083-6801

  View Details
• 

  $699,000

  Duplex with Finished Basement

  Two distinct, light-filled units with a finished basement; one unit is vacant and the other has been newly updated.

  304 Concord Ave, Union Twp., NJ 07083-4219

  View Details
• 

  $2,699,000

  6,188 SF

  Turnkey Retail Opportunity in Union

  Prime commercial property with existing retail infrastructure in Union, NJ.

  454 Chestnut St, Union Twp., NJ 07083

  View Details
• 

  $1,450,000

  3,870 SF

  Five-Unit Retail Building

  Five separate retail units with independent utilities, entrances, and parking support a flexible owner-occupier or investment strategy.

  1921 Morris Ave, Union Twp., NJ 07083

  View Details
• 

  $1,495,000

  6,000 SF

  6,000 SF Commercial Building

  6,000 SF commercial building with parking on approximately 0.5 acres.

  1415 Stuyvesant Ave, Union Twp., NJ 07083

  View Details
• 

  $1,099,000

  Duplex Income Property

  Residential income duplex for sale in Union Township, NJ, situated on a compact parcel at 865 Dewey Street.

  865 Dewey St, Union Twp., NJ 07083-6824

  View Details
• 

  $1,650

  Newly Updated Retail Storefront Suite

  Retail storefront suite in a strip mall with open layout, brand-new flooring, and fresh paint for an easy start.

  1300 Burnet Avenue, Union Twp, NJ 07083

  View Details
• 

  $1,300,000

  1,954 SF

  Well-Maintained Religious Facility For Sale

  Church property with sanctuary, office, kitchen, and parking.

  1608 Porter Rd, Union Twp., NJ 07083

  View Details
• 

  $3,200,000

  6,406 SF

  Corner Strip Mall For Sale

  Well-maintained strip mall in high-traffic location.

  1200 Stuyvesant, Union, NJ 07083

  View Details

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: Current monthly income of approximately $12,816 with the ability to increase to approximately $19,500 at market rents.; Mixed‑use property with both residential and commercial tenants, offering diversified income streams.; Existing commercial leases: Storefront, bar/restaurant (5‑year lease plus property tax contribution), and Verizon antenna lease generating stable income.