Financial
Distress signals
Property profile

1331 Magie Ave Union, NJ 07083

OFF-MARKET
Commercial real estate
Property ID
US59-1864667
1.55 ac lot
Last sale Jul 1988 · $250,000
Individually Owned Owner of record is an individual. 38-yr Hold Held for 38 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail property, located at 1331 Magie Avenue in Union Township, New Jersey, presents a unique investment opportunity. Priced at $130,000, this established vape shop is being offered fully furnished and stocked with merchandise, representing a turnkey operation for a new owner. The current owner is relocating and is only selling due to this circumstance, making this a rare chance to acquire a profitable business. The property's address is 1331 Magie Avenue, Union Twp, NJ

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$42k
Tax billed · 2022
Assessed value · 2023$200k
Assessed land$60k
Assessed improvement$140k
Effective rate20.92%

Value estimate

· Sep 2026
$435k
$392k – $479k
AI approach$435k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$179 – $318

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.1
Realty agency17.8
Parking Facility16.5

Location

1331 Magie Ave Union, NJ 07083-8080
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1521 Us Hwy 22nd W, Union, NJ 07083 $500,000 Feb 2026 N/A
1989 Haines, Union, NJ 07083-3741 $275,001 Jan 2026 N/A
2624 Morris, Union, NJ 07083-5607 $600,000 Oct 2025 N/A
1887 Morris, Union, NJ 07083-3509 $650,000 Oct 2025 N/A
2515 Vauxhall, Union, NJ 07083-5033 $350,000 Sep 2025 N/A
1561 Morris, Union, NJ 07083-6355 $3,100,000 Aug 2025 N/A
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
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