You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

2237 Morris Ave Union, NJ 07083

0.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.436-acre commercial land parcel, located at 2237-2243 Morris Avenue in Union, New Jersey (zip code 07083), presents a unique investment opportunity. Recently rezoned as Neighborhood Core, this mostly level and cleared site boasts a highly desirable BB Business Retail zoning designation. The property enjoys a prime location along a busy commuter corridor with high traffic counts of 37,832 vehicles per day (VPD), ensuring excellent visibility and accessibility. Its strategic position is further enhanced by its proximity to established businesses, including TD Bank, Mr. Tire Auto Center, Red Cadillac Restaurant, 7-Eleven, CVS, Aldi, Walgreens, The Learning Experience, Bank of America, and Dunkin' Donuts. The versatile zoning allows for a wide range of uses, including multifamily residential, medical offices, retail spaces, office buildings, restaurants, brew pubs, and more. The permitted uses also encompass townhouses, veterinary hospitals, child-care centers, public buildings, banks, funeral homes, and flex space, offering significant flexibility for development. This prime location and diverse zoning options make this property an ideal investment for developers seeking a high-traffic, high-visibility location in a thriving New Jersey community. The site is ready for immediate development, presenting a compelling opportunity to capitalize on the area's strong commercial growth.

Property profile
Verified
Property type Land
Lot 0.44 ac (18,992 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2237 Morris Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message