Mixed-Use Building With Attached
572 Union Blvd, Totowa Boro, NJ 07512
For Sale
$949,999
Multi-Family, 2-Two Story, Fixer Upper, Totowa Boro, NJ
Property Size5,200 SF
Lot Size0.17 Acres
Price / SF$182.69
Days on Market146
Property Features for 572 Union Blvd
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Directions
Standard status
Size
Lot size
Additional Details
Mixed-Use Components
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Buildings
Listing Agency:
ELITE REALTORS OF NEW JERSEY
Listed By:
DAVID SIMONETTI
(973) 994-9009
Added: Jun 22
Changed: Nov 13
Last Checked: Nov 14 at 3:06AM
MLS# 4035972
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 5,200 square feet arranged across a commercial storefront, attached garage, second-floor retail and warehouse area, a three-bedroom, one-and-a-half-bath apartment, and a full finished basement. The configuration supports a combination of commercial and residential occupancy, with possible retail, office, warehouse, contractor, or live/work applications subject to municipal approvals. The building was constructed in 1941 and has a flat roof.
The property occupies an approximately 0.17-acre lot measuring about 60 feet by 125 feet. A fenced backyard provides additional outdoor area, while existing parking includes a front driveway, garage, frontage parking, and street parking. Public water and public sewer serve the property at 572 Union Blvd in Totowa Boro, New Jersey.
The property occupies an approximately 0.17-acre lot measuring about 60 feet by 125 feet. A fenced backyard provides additional outdoor area, while existing parking includes a front driveway, garage, frontage parking, and street parking. Public water and public sewer serve the property at 572 Union Blvd in Totowa Boro, New Jersey.
Key Highlights
- Approximately 5,200 square feet of mixed‑use space
- Three‑bedroom, 1.5‑bath apartment included
- Commercial storefront, second‑floor retail/warehouse area, and attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,221
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,484,420
$1.5M
Cap Rate 7%
$1,060,300
$1.1M
Cap Rate 9%
$824,678
$824.7K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$112.3K $21.60/SF
− Vacancy
−$6.3K −$1.21/SF
EGI
$106.0K $20.39/SF
− OpEx
−$31.8K −$6.12/SF
NOI
$74.2K $14.27/SF
Area
Paterson, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,484,420
Cap Rate 7%
$1,060,300
Cap Rate 9%
$824,678
Alternative Uses
Best Use
Retail
$1.06M
$927.8K – $1.24M
NOI $74,221 @ 7.0% cap · market cap 7.81%
Second Best
Warehouse
$1.03M
$897.4K – $1.20M
NOI $71,795 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,048 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 07512, NJ
11,042
Population
4,002
Households
2.8
Avg Household Size
44
Median Age
38%
College-Educated
93%
High-School Grad
4.0 sq mi
ZIP Area
2,761
Density / Sq Mi
$114,177
Median Household Income
$56,348
Median Earnings
$1,703
Median Rent
$507,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Passaic County, NJ
Properties on Market for Mixed-use properties in Passaic County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space includes a residential apartment and finished basement.
Where is this mixed-use property located?
The property is located at 572 Union Blvd Totowa Boro, NJ.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Approximately 5,200 square feet of mixed‑use space; Three‑bedroom, 1.5‑bath apartment included; Commercial storefront, second‑floor retail/warehouse area, and attached garage
