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Mixed-Use Property with Rooftop Terrace
For Sale
$3,500,000

2003 Morris Ave, Union, NJ 07083

Business Opportunity, Union, NJ

Property Size25,000 SF
Lot Size0.54 Acres
Price / SF$140
Days on Market24

Property Features for 2003 Morris Ave

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Mixed Use
Subdivision Union
Standard status Active
Lot size 0.54 Acres

Additional Details

Property Use Event Venue, Professional Office and Coworking Space
Condition Built-Out

Utilities

Water source Public

Amenities

fitness center
media lounge
package management area
recreational party room
rooftop lounge and terrace

Building Details

Year built 2024
Listing Agency: Max Spann Real Estate and Auction Co.
Listed By: Max Spann, Jr.
Added: Oct 12 Changed: Nov 2 Last Checked: Nov 4 at 9:06AM
MLS# 12024497

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

At 2003 Morris Ave, this mixed-use property is offered in two parcels on a 0.54-acre site. One parcel contains 43 apartments, with studio, one-bedroom, one-bedroom-plus-den, and two-bedroom layouts. Residential features include open plans, in-unit laundry, individually controlled utilities, a fitness center, media lounge, package area, party room, and rooftop terrace. Covered and surface parking are available.

The second parcel includes approximately 25,000 square feet of commercial space, currently configured for events, professional offices, and coworking. Event-related features include caterer service areas, dedicated elevators, a skylit atrium, a vault bar, and rooftop terrace. The address is in Union, New Jersey.

Key Highlights

  • 43 apartments across studio, one‑bedroom, one‑bedroom‑plus‑den, and two‑bedroom layouts
  • Approximately 25,000+/- SF of commercial space
  • 0.54‑acre site at 2003 Morris Ave, Union, NJ 07083

Property Analytics

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Open Analytics

Current Use

Coworking space

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Nursing Home Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

43
Residential units

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

Demographics for 07083, NJ

56,131
Population
20,792
Households
2.7
Avg Household Size
41
Median Age
41%
College-Educated
89%
High-School Grad
8.7 sq mi
ZIP Area
6,452
Density / Sq Mi
$118,106
Median Household Income
$58,443
Median Earnings
$1,938
Median Rent
$425,600
Median Home Value
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering combines multifamily residences with commercial space configured for events, offices, and coworking.
Where is this mixed-use property located?
The property is located at 2003 Morris Ave Union, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 43 apartments across studio, one‑bedroom, one‑bedroom‑plus‑den, and two‑bedroom layouts; Approximately 25,000+/- SF of commercial space; 0.54‑acre site at 2003 Morris Ave, Union, NJ 07083
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