Date
Details
Price
Change
Source
10/06/2025
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$2,400,000
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Property Description
Exceptional investment opportunity! This mixed-use property offers strong income potential with both residential and commercial tenants. The building features four 2-bedroom apartments currently rented below market at $4,900/month, with the ability to increase to approximately $8,000/month at market rents. The commercial portion includes a storefront ($2,500/month), a bar/restaurant leased at $4,500/month under a 5-year lease (plus an additional $2,000/year collected for property taxes, with separate utilities), and a Verizon antenna lease generating $11,000/year. Total current monthly income is approximately $12,816, with the potential to reach $19,500, translating to a Gross Operating Income (GOI) $153,792 annually. Estimated expenses include taxes ($18,177-$25,177), insurance ($12,695), and water ($1,500/year). The Net Operating Income (NOI) is currently estimated at $121,420.
Full Property Details
Full Property Details for 967 Stuyvesant Ave.
General
- Price: $2,400,000
- Taxes: $18,177 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3991035
- Updated: 10/7/2025
- Added to Site: 104 day(s) ago
Business
- Includes: Building Only, Operating Licenses
Rental Information
- Lease Terms: See Remarks
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Appliances, Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector
Parking
- Parking: None
Location
- County: Union
- Driving Directions: Morris Ave to Stuyvensant Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: No Cool, Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 3
- Year Built: 1953
Unit Information
- 2 Bedroom Units: 4
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X110
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $77,500
- Land Assmt: $15,300
- Tax Amount: $18,177
- Tax Year: 2024
- Tenant Pays: Electric, Gas, Heat, Hot Water, Water
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- APN: 2919-02904-0000-00008-0000-
- Block: 2904
- Lot Number: 8
Listed by Bhgre Elite
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Listing agent
— 967 Stuyvesant Ave. —
Bhgre Elite
908-316-8530
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Schools
Schools serving 967 Stuyvesant Ave.
School District:Union Township School District, Union Township, NJ
| Name | Grades | Distance |
|---|---|---|
Connecticut Farms Elementary School 875 Stuyvesant Avenue, Union, NJ 07083 | PK-4 | 0.2 mi |
Kawameeh Middle School 490 David Terrace, Union, NJ 07083 | 6-8 | 0.7 mi |
Union Senior High School 2350 North 3rd Street, Union, NJ 07083 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 967 Stuyvesant Ave.
Tax History
Tax History for 967 Stuyvesant Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,178
7%
$77,500
—
2022
$17,066
—
$77,500
—
2022
$17,065
2%
$77,500
—
2021
$16,680
11%
$77,500
—
2018
$15,033
-4%
$77,500
—
2017
$15,689
2%
$77,500
—
2016
$15,333
8%
$77,500
—
2015
$14,210
-12%
$77,500
—
2019
$16,232
19%
$77,500
—
2013
$13,640
—
$77,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 967 Stuyvesant Ave.
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967 Stuyvesant Ave, Union Township, NJ 07083 (MLS# 3991035) is a Commercial property. 967 Stuyvesant Ave is currently listed for $2,400,000 and was received on October 06, 2025. Want to learn more about 967 Stuyvesant Ave? Do you have questions about finding other Commercial real estate for sale in Union Township? You can browse all Union Township real estate or contact a Coldwell Banker agent to request more information.