Property profile

1358 Morris Ave Union, NJ 07083

OFF-MARKET
Office Spaces
Property ID
US59-1578853
Saved · see the list in your Dashboard

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 Spaces
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

Location

1358 Morris Ave Union, NJ 07083
Union metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1358 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.
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