Mixed-Use Corner Investment
For Sale
Contact for pricing
Pending
500-504 Paterson Plank Rd, Union City, NJ 07087
Two adjacent buildings combine leased commercial space, office use, and two residential units on a corner parcel.
Property Size7,469 SF
Lot Size0.16 Acres
Days on Market122
Property Features for 500-504 Paterson Plank Rd
General Information
Standard status
Pending
Size
7,469 SF
Lot size
0.16 Acres
Property subtype
Mixed Use
Occupancy
85%
Additional Details
Multifamily Units
2
Listing Agency:
SERHANT
(201) 215-1801
Listed By:
Connor Russo · License #1973033
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 10 at 5:57AM
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 SERHANT
Investment Insights
Based on property information with market context.
Horvath & Tremblay is pleased to present 500-504 Paterson Plank Road, an investment property consisting of two adjacent buildings on a 0.16-acre corner parcel. The first building is a 1-story commercial property leased to Z’s Iron Works. The second building includes one office tenant, NJ Office Share, occupying the entire first floor, along with two (2) residential units on the second floor, each with 3 bedrooms and 1 bathroom. The property is 85% occupied.
The buildings are located at the signalized intersection of Paterson Plank Road and Secaucus Road in the southwest section of Union City, New Jersey. Public transit and major roadway access are nearby, including proximity to the Hudson-Bergen Light Rail Station, Lincoln Tunnel, PATH train access at Journal Square Station, and Newport Station. The property also benefits from being near interstate and state highway routes, including Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3.
This mixed-use setup offers a straightforward tenant mix across commercial, office, and residential components within two adjacent structures.
The buildings are located at the signalized intersection of Paterson Plank Road and Secaucus Road in the southwest section of Union City, New Jersey. Public transit and major roadway access are nearby, including proximity to the Hudson-Bergen Light Rail Station, Lincoln Tunnel, PATH train access at Journal Square Station, and Newport Station. The property also benefits from being near interstate and state highway routes, including Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3.
This mixed-use setup offers a straightforward tenant mix across commercial, office, and residential components within two adjacent structures.
Key Highlights
- Mixed‑use property at 500‑504 Paterson Plank Rd with two adjacent buildings totaling commercial, office, and residential units.
- 1‑story commercial building leased to Z’s Iron Works.
- Second building includes one office tenant (NJ Office Share) on the entire first floor plus two 3BR/1BA residential units on the second floor.
Property Analytics
Current Use
Lease Details
2
Residential units
85%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 07087, NJ
68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two adjacent buildings combine leased commercial space, office use, and two residential units on a corner parcel.
Where is this mixed-use property located?
The property is located at 500-504 Paterson Plank Rd Union City, NJ.
What are key features of this property?
This property features: Mixed‑use property at 500‑504 Paterson Plank Rd with two adjacent buildings totaling commercial, office, and residential units.; 1‑story commercial building leased to Z’s Iron Works.; Second building includes one office tenant (NJ Office Share) on the entire first floor plus two 3BR/1BA residential units on the second floor.
