565 Un Ave Middlesex, NJ 08846-1938
Property profile & analytics
565 Un Ave Middlesex, NJ 08846-1938
- Commercial real estate
- 11,452 SF
- 1.35 lot acres
Property ID
US59-1126639
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 565 Un Ave
- Year built
- 1982
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.35 lot acres
- Property size
- 11,452 SF
- Zone code
- RT
- Property type
- Commercial real estate
- APN
- 10 00086- 08-00002
- APU
- 10000860800002
Description
This exceptional mixed-use property, located at 565 Union Avenue in Middlesex, NJ, presents a compelling investment opportunity. The 1.35-acre lot boasts significant frontage on State Highway 28 (Union Avenue), ensuring high visibility and accessibility. The main building comprises approximately 11,452 square feet of space, previously occupied by a wholesale florist business. The property features seven overhead doors, including one extra-large 12-foot door, providing ample access for loading and unloading. Currently zoned RT (Residential Transition), this property offers significant potential for redevelopment or repurposing, subject to necessary municipal approvals. The strategic location and substantial square footage make this an ideal prospect for a variety of commercial ventures or adaptive reuse projects. Investors will appreciate the considerable size of the lot and the existing building's infrastructure, offering a solid foundation for future development. The high-traffic location on a major state highway ensures excellent exposure and potential for strong returns. Serious inquiries are encouraged to explore the possibilities this unique property presents. All aspects of the property are being sold "as is".
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,650,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,888,000
Market price range: $1.81M - $3.96M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,805,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,820,000 Change: +1% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Middlesex
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.5091
- Latitude
- 40.5757
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$28,902
$500,000
$645,200
$1,145,200
-
$500,000
$645,200
$1,145,200
