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Financial
Distress signals
Property profile

1085 Morris Ave Union, NJ 07083

OFF-MARKET
Other office properties
Property ID
US59-2574394
10 SF 27.67 ac lot Built 1989
Last sale Jan 2024 · $28,000,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office building known as Liberty Hall I, located at 1085 Morris Ave in Union, New Jersey. It provides office space configured to accommodate suites with sizes ranging from 35,000 to 43,476 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$806k
Tax billed · 2022
Assessed value · 2023$3.86M
Assessed land$1.43M
Assessed improvement$2.42M
Effective rate20.92%

Value estimate

· Oct 2026
$28.00M
$25.20M – $30.80M
AI approach$28.00M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$204/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$149 – $293

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.9
Spa & Massage25.1
Building Supply18.4

Location

1085 Morris Ave Union, NJ 07083-7150
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
950 Chestnut, Union, NJ 07083-6966 $1,600,000 Sep 2024 No data
1340 Morris, Union, NJ 07083-3312 $550,000 Mar 2024 1,800 SF
2187 Morris, Union, NJ 07083-5908 $900,000 Feb 2024 No data
1945 Morris Ave Ste 2a, Union, NJ 07083-3518 $315,000 Jan 2024 No data
940 Stuyvesant, Union, NJ 07083-6995 $750,000 Nov 2023 No data
1308 Morris Ave, Union, NJ 07083-3328 $285,000 Sep 2021 1,766 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $390,000
    1,796 SF
    1945 Morris Ave Ste, Unit 4
    CONDOMINIUM OFFICES
    1945 Morris Ave Ste, Union, NJ 07083-3518
    View Details
  • Value Estimation
    $550,000
    1,800 SF
    1340 Morris Ave
    OFFICE BUILDING
    1340 Morris Ave, Union, NJ 07083-3312
    View Details
  • Value Estimation by Request
    1358 Morris Ave
    Office Units
    1358 Morris Ave, Union, NJ 07083
    View Details
  • Value Estimation by Request
    11,154 SF
    1185-1191 Morris Ave
    Office Spaces
    1185-1191 Morris Ave, Union, NJ 07083
    View Details
  • Value Estimation by Request
    1465 Morris Ave
    Office Units
    1465 Morris Ave, Union, NJ 07083
    View Details
  • Value Estimation by Request
    900 SF
    2824 Morris Ave
    Office Spaces
    2824 Morris Ave, Union, NJ 07083
    View Details

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  • New
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    Flexible office suites are available within a mixed-use property with dedicated parking for occupants.
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    First-Floor Private Coworking Suites
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    Light-filled professional suites feature private bathrooms, updated finishes, and convenient access to highways and local amenities.
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    Handicap-accessible workspace with natural light, off-street parking, and flexible professional-service use.
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Similar Nearby for Lease

  • $3,200/Mo
    2,000 sqft
    High Visibility Retail/Office Space
    2000 sqft retail/office space in high-traffic area.
    1880 Morris Ave, Union, NJ 07083
    View Details
  • New
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    2,000 sqft
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    Class A office building with amenities near Kean University.
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    View Details
  • New
    Contact for pricing
    2,200 sqft
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    Commercial workspace positioned near major regional roadways.
    2222 Morris Ave, Union, NJ 07083
    View Details
  • New
    $3,642/Mo
    Office Suite with Bullpen Layout
    Suite includes five private offices, conference rooms, kitchen, reception, and a flexible bullpen area.
    565 Green Ln, Union, NJ 07083
    View Details
  • $800/Mo
    Renovated Office Suites in Union
    Beautifully renovated office suites with modern amenities in Union, NJ.
    1501 Stuyvesant Ave, Union, NJ 07083
    View Details
  • Contact for pricing
    Commercial - Union Twp., NJ
    Flexible office suites with assigned parking, benefiting from strong daily foot and vehicle traffic.
    934 Stuyvesant Ave, Union, NJ 07083
    View Details
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