1620 Vauxhall Rd Union, NJ 07083
- Commercial real estate
- 1.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1620 Vauxhall Rd
- Construction
- METAL FRAME
- Lot size
- 1.23 lot acres
- Property type
- Commercial real estate
- APN
- 19 01810-0000-00003
- APU
- 1901810000000003
Description
This exceptional Union, NJ office space offers eight remaining brand-new, first-floor private suites, perfect for one or two occupants. Located at 1620 Vauxhall Road, Unit 100, this property boasts a convenient location just off Route 22, providing easy access to NYC (approximately 25 minutes away) and public transportation. Each suite offers a flat monthly rent of $400 (interior) or $500 (windowed), with all utilities and Wi-Fi included. The building features a large parking lot for clients and guests, ensuring ample space for visitors. Security is provided by an on-site guard from 9 AM to 5 PM, enhancing the safety and security of the premises. The property sits on a 1.23-acre lot. With only eight of twenty suites currently available, interested parties are encouraged to act quickly to secure their ideal workspace. This is an exceptional opportunity for businesses seeking a modern, convenient, and affordable office solution in a prime Union, NJ location. Don't miss out on this limited-time offer!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,980,000
- 6.5%
- $7,375,000
- 7%
- $8,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,820,000
- Geo Method
- $7,865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,310,000
- Retail
- $7,070,000
- Mixed-Use
- $6,705,000
- Hospitality
- $8,390,000
- Educational
- $8,310,000
- Residential Income
- $6,460,000
- Energy
- $7,605,000
- Income-Based Land
- $6,560,000
- Food Service
- $7,305,000
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Union
- State
- New Jersey
- Longitude
- -74.2504
- Latitude
- 40.697
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA