572 Union Blvd, Totowa Boro NJ 07512-2443

Property City
Totowa Boro
Property Price
$999,999
Year Built
1941
Tax Annual Amount
$15837
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
0.17
MLS Status
Active
MLS #
4035152

Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment PotentialExceptional 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 PotentialResidential 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.

Yearly Tax Rate
2.934
Year Built (*numeric)
1941
Basement
Yes
Roofing (*text)
Flat
Days On Market
5
Basement (*text)
Yes
Cooling (*text)
1 Unit
GarageSpaces
4
Heating
2 Units
Lot Size Dimensions
60X124
Property Location

40.8994, -74.21908

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762