Primary listing photo

572 Union Blvd, Totowa, NJ, 07512

3beds
1.1baths
5,200sqft
$999,999
$192price/sqft
$7,742/moest. monthly cost
$309,680/yrincome needed

About This Home

Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment Potential Exceptional mixed-use property offering approximately 5,200 square feet of flexible space, including a large commercial storefront, attached garage, expansive second-floor retail/warehouse area, a spacious 3-bedroom, 1.5-bath apartment, and a full finished basement providing additional usable space for storage, operations, or a variety of potential uses. The versatile layout provides endless possibilities for investors, business owners, developers, or owner-occupants. Potential uses include retail, office, warehouse, contractor space, live/work arrangements, or the creation of additional residential units, subject to municipal approvals. Situated on an approximately 60' x 125' lot, the property features a massive fenced backyard with potential for additional parking, outdoor storage, or future expansion. Existing parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking. Pro Forma Income Potential Residential Apartment: $3,500-$4,000/month ($42,000-$48,000/year)Commercial Space (Approx. 4,000 SF): $8,000/month ($96,000/year)Projected Gross Income: $11,500-$12,000/month ($138,000-$144,000/year)A rare opportunity to acquire a highly adaptable mixed-use property with strong income potential, a full finished basement, and significant upside for future growth.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
3/10
Memorial Middle SchoolGrades PK-30.8 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1941

Materials

  • Roof: Flat
  • Construction materials: Aluminum Siding,Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Partially Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1.1
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Bedrooms,Eat-in Kitchen,Living/Dining Room,Master Bedroom,See Remarks

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 2 Units

Interior Area

  • Total structure area: 5,200
  • Total interior livable area: 5,200 sqft

Property

Details

  • Parcel number: 2512001390000000020000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 60 x 124

Parking

  • Total spaces: 4
  • Parking features: 2 Car Width,Concrete,Built-In Garage,Finished Garage,Garage Door Opener,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 4