572 Union Blvd, Totowa Boro, NJ 07512
- $999,999
- 3
- BD
- 1.1
- BA
- List Price
- $999,999
- MLS#
- 4035972
- Year Built
- 1941
- Status
- ACTIVE
- County
- Passaic
- City
- Totowa Boro
- Bedrooms
- 3
- Bathrooms
- 1.1
- Baths Full
- 1
- Baths Half
- 1
- Acres
- 0.17
Property Description
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.
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Additional Information
- Taxes
- $15,837
- Cooling
- 2 Units
- Exterior
- Aluminum Siding, Brick, Vinyl Siding
- Garage Spaces
- 2
- Garage Description
- Built-In Garage, Finished Garage, Garage Door Opener, Garage Parking
- Heating
- 2 Units
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Garage Description
- Built-In Garage, Finished Garage, Garage Door Opener, Garage Parking
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Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 973-986-4730
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