Mixed-Use Corner
For Sale
Contact for pricing
Pending
500 Paterson Plank Rd, Union City, NJ 07087
Two-building asset combines commercial, office, and residential occupancy in a fully leased configuration.
Property SizeContact for details
Lot Size0.16 Acres
Days on Market142
Property Features for 500 Paterson Plank Rd
General Information
Standard status
Pending
Lot size
0.16 Acres
Property subtype
Mixed Use
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
1
Office Units
1
Building Details
Buildings
2
Stories
2
Tenancy
Single
Listing Agency:
SERHANT
(201) 215-1801
Listed By:
Connor Russo · License #1973033
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:32PM
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.
This mixed-use property includes two adjoining buildings on a 0.16-acre corner parcel. One is a single-story commercial building occupied by Z’s Iron Works. The second contains an office suite spanning the first floor, occupied by NJ Office Share, along with two residential apartments on the upper level. Each apartment has three bedrooms and one bathroom, while the property as a whole is 100% occupied.
The site sits at the signalized junction of Paterson Plank Road and 5th Street in Union City. Hudson-Bergen Light Rail is 1 mile away, with the Lincoln Tunnel and PATH service at Journal Square Station both 2 miles from the property. Newport Station is 3 miles away. Regional access includes Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3.
The site sits at the signalized junction of Paterson Plank Road and 5th Street in Union City. Hudson-Bergen Light Rail is 1 mile away, with the Lincoln Tunnel and PATH service at Journal Square Station both 2 miles from the property. Newport Station is 3 miles away. Regional access includes Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3.
Key Highlights
- Two adjoining buildings on a 0.16‑acre corner parcel
- 100% occupied mixed‑use property
- Two 3‑Bedroom/1‑Bathroom residential units
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,005
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-building asset combines commercial, office, and residential occupancy in a fully leased configuration.
Where is this mixed-use property located?
The property is located at 500 Paterson Plank Rd Union City, NJ.
What are key features of this property?
This property features: Two adjoining buildings on a 0.16‑acre corner parcel; 100% occupied mixed‑use property; Two 3‑Bedroom/1‑Bathroom residential units
