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    33 Union Pl Summit, NJ 07901

    For Lease
    Contact for pricing

    Executive Suites, 2,500 SF Available

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story commercial building, located at 33 Union Place in Summit, New Jersey, offers a unique opportunity to lease prime executive office space. The building boasts a total of 15,000 square feet, with 2,500 square feet currently available for lease. The property is classified as both retail and office space, making it ideal for a variety of businesses. The building features convenient street parking and access to a nearby municipal lot, eliminating parking concerns for tenants and their clients. Internal building amenities include elevators for easy access to all three floors. The building's location in Union County, New Jersey, provides easy access to major transportation routes and a vibrant business community. The available space is perfect for businesses seeking a modern and efficient workspace in a desirable location. The multiple tenancy structure ensures a diverse and dynamic environment. This is an excellent opportunity to establish a presence in a thriving New Jersey market. The 07901 zip code offers a highly desirable address for businesses seeking to attract top talent and clients. Don't miss this chance to secure this exceptional office space in Summit. Inquire today to learn more about leasing options and availability.

    Property Features for 33 Union Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    2,500 SF

    HighLights

    • Fully built‑out physical therapy center.
    • Prime downtown Summit, NJ location.
    • High ceilings and private offices.
    • Entire 3rd floor available; elevator and stair access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sushi Palace Sushi Restaurant Dunkin' Coffee Shop Brain Balance Center ... Learning Center Body Align Physical ... Physical Therapy Clinic Audio Nexus Home Audio Store

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Summit
    County
    Union
    State
    New Jersey
    Longitude
    -74.357052
    Latitude
    40.7171098

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 2,500 SF Available
    Where is this office property / space located?
    The property is located at 33 Union Pl Summit, NJ.
    What are key features of this property?
    This property features: Fully built-out physical therapy center.; Prime downtown Summit, NJ location.; High ceilings and private offices.
    Request Owner's contact information
    33 Union Pl Summit, NJ 07901
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    Summit, NJ 07901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33 Union Pl Summit, NJ 07901
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