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Two-Story Office Property
For Lease
$699,000
Pending

314 48th Street, Union City, NJ 07087

Separate utility service and central air condition the office floors, with additional semi-finished basement space.

Space SizeContact for details
Days on Market132

Property Features for 314 48th Street

General Information

Standard status Pending
Property subtype Office

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $15,460
Listing Agency: Century 21 Gentry Realtors
Listed By: Monserrat Moran · License #9700469
Source: Tkregroupinc
Added: Jun 25 Changed: Nov 1 Last Checked: Nov 1 at 3:33PM

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 Century 21 Gentry Realtors

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Investment Insights

Based on property information with market context.

Two floors of office space occupy this Union City property, with separate utilities and central air. A semi-finished basement provides additional interior space. The property previously served as a two-family residence and is described as convertible back to that configuration.

Bergenline rail station and public transportation are within walking distance, and the property is a short distance from Bergenline Avenue. New York is also described as minutes away. Metered street parking is available in the surrounding area.

Key Highlights

  • Two floors of office space
  • Separate utilities and central air
  • Semi‑finished basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dario, Albert, Metz, ... Law Firm Family Psychiatry and Therapy Physician De Stefan Marie ... Alternative Medicine Practice

Suggested Use

Top Pick Nursing Home Catering Service Tanning Salon Coworking & Hybrid Office Veterinary Clinic (Bike/Boat/Book/etc) Store

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,022
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Union City, NJ

$30.26 /SF/Yr
Avg Asking Price
$18.47–$40.15 /SF/Yr
Price Range
1,732 SF
Avg Space Size

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?
Office unit - Separate utility service and central air condition the office floors, with additional semi-finished basement space.
Where is this office unit located?
The property is located at 314 48th Street Union City, NJ.
What is the lease rate?
The lease rate is $699,000.
What are key features of this property?
This property features: Two floors of office space; Separate utilities and central air; Semi‑finished basement
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