531 Union Ave Middlesex, NJ 08846
This unique 1890 two-story Colonial building at 531 Union Avenue in Middlesex Boro, New Jersey, presents a compelling investment opportunity. Priced at $325,000, this special purpose property sits on a substantial lot within a commercial/residential zone, offering significant redevelopment potential. Currently in need of extensive renovations, the building's existing structure provides a solid foundation for a variety of uses. Imagine transforming this historic property into a thriving professional office space, ideal for a medical practice, law firm, or dental office. Alternatively, the expansive lot size could allow for subdivision and new construction, making this an attractive prospect for builders. The property consists of a single unit and is being sold "as is," with the seller making no repairs. The property's location in Middlesex, NJ (zip code 08846) offers convenient access to local amenities and transportation. This is a rare chance to acquire a piece of Middlesex history and capitalize on its considerable potential. The property's unique character and zoning flexibility make it a truly exceptional investment opportunity. Serious inquiries only.
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Concrete and Construction Services General Contractor Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.