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    OFF-MARKET
    Office Units

    1358 Morris Ave, Union, NJ 07083

    Property ID
    US59-1578853
    Property summary
    AI-generated overview

    This exceptional 1,600 sq ft office building in Union, NJ, is available for lease. Located on a .14-acre corner lot at 1358 Morris Avenue, this two-story Class A property boasts high visibility with approximately 40,000 vehicles passing daily. The building offers a versatile layout suitable for various office uses, including medical, traditional, creative, and executive offices. The first floor comprises 1,000 sq ft of vacant space, featuring three private offices, a reception area, and a private restroom. A full basement provides ample storage. Parking is plentiful with 6-8 spaces in a private lot, plus additional street parking. Zoned B-A, this property enjoys a strategic location, just half a mile from the train station, near Kean College and NJ Transit bus stops, and one mile from Exit 140 of the Garden State Parkway and Route 22. This single-tenant space offers the perfect blend of location, visibility, and functionality, making it an ideal opportunity for businesses seeking a prominent Union, New Jersey presence. The property is situated in the Union submarket and submarket cluster.

    Property profile
    Verified
    Property type Office Units
    UPID US59-1578853
    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
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