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Office Building with Finished Basement

314 48th St, Union City, NJ 07087

For Sale
$699,000
Pending

Two office levels feature independent utilities and central air conditioning.

Property SizeContact for details
Days on Market71

Property Features for 314 48th St

General Information

Standard status Pending
Property subtype Investment

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Property Use Office

Amenities

central air
No
2
8
2,439

Building Details

Buildings 1
Stories 2
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Aug 31 Changed: Nov 8 Last Checked: Nov 8 at 5:44PM

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 Reisha Baker

Rey
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Investment Insights

Based on property information with market context.

Located at 314 48th St in Union City, this office building offers two floors of workspace, a finished basement, and central air conditioning. The office levels have separate utility service, providing distinct utility arrangements within the property.

Bergenline Avenue and the Bergenline rail station are nearby, with additional public transportation in the area. Metered street parking is available around the property.

Key Highlights

  • Two floors of office space
  • Finished basement
  • Separate utilities for the office floors

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

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
View Realmo Analytics

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?
Office building - Two office levels feature independent utilities and central air conditioning.
Where is this office building located?
The property is located at 314 48th St Union City, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two floors of office space; Finished basement; Separate utilities for the office floors
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