ADDRESS
62 E Park Place
Morristown, NJ 07960
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$2,200,000
37 Days On Site
900-902 Summit aveUnion City, NJ 07087
For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
20,000
SqFt
$110
/SqFt
1900
Built
County:
Hudson
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Commercial Mixed-Use. Prime Investment Opportunity in Union City, NJ, featuring 10 res units and 1 com space (approx. 4,200 SF) that can be used as 1 large store or 2 separate stores. Located in a highly desirable area w/ heavy foot traffic, the commercial space is fully equipped with 2 separate HVAC units (5 tons each), 2 electric panels, and 2 ADA bathrooms. The store also features new plumbing, electric, and HVAC, ensuring a modern and efficient setup. Currently under construction, it offers a unique opportunity for customization. The property includes a high-ceiling basement, providing additional storage or functional space. The res units have a new boiler, and common areas were renovated in 2025. 2025 total assessed value: $2,262,000. Opportunity to install telecom towers for additional income and prior discussions with an architect for adding 4-6 extra residential units make this an exceptional investment opportunity. Buyer to do their own due diligence.
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Listing Snapshot
Price
$2,200,000
Days On Site
37 Days
Bedrooms
N/A
Inside Area (SqFt)
20,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1900
MLS® Number
3949101
Status
Active
Property Tax
$41,508
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Number Of Stories
3
Parking
On Street
Property Condition
Under Construction
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
20000
Utilities
Underground Utilities
Water Source
Public
Zoning
C
Interior Features
Basement
FinishedFull
Heating
Natural Gas
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Listing courtesy of CENTURY 21 THE CROSSING 8624022237
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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