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465 W Union Ave
Bound Brook, NJ 08805

Retail Property For Sale

Executive Summary

The property is currently under review by the township for approval to be converted into a mixed-use project, combining residential units with retail space on the ground floor. The building features a loading door at the rear, and there is an opportunity to transform the rear lot into additional on-site parking spaces.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,051 SF
Building Class
C
Year Built
1970
Tenancy
Single
Number of Floors
1
Building FAR
0.41
Lot Size
0.34 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-1 - MU-2 ZONE: RETAIL, GROCERY STORES, BUSINESS, OFFICE, MEDICAL, HEALTH, FITNESS, RECREATIONAL AND RESIDENTIAL USE
Parking
18 Spaces (2.97 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number 04-00071-0000-00011 Improvements Assessment £320,600
Land Assessment £282,930 Total Assessment £603,530

PROPERTY TAXES

Parcel Number
04-00071-0000-00011
Land Assessment
£282,930
Improvements Assessment
£320,600
Total Assessment
£603,530
 

  • Listing ID: 33140813

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 465 W Union Ave, Bound Brook, NJ 08805

The Retail Property at 465 W Union Ave, Bound Brook, NJ 08805 is currently available for sale. Contact Jeffery Realty for more information.

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