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232 Union Blvd 2,037 SF Office Building Totowa, NJ 07512 $1,027,109 CAD ($504.23 CAD/SF) 14.70% Cap Rate
Investment Highlights
- busy area, day time traffice, near all major highways, private driveway, corner property
- a lot of natrural light
Executive Summary
co broke welcome
Currently owner occupied, Use Flexibility ideal for medical, legal, day care, salon, accounting, plumbers, contractor office, Retail, Second floor can be expanded ( variances required) new roof, gutters, AC, hot water heater, Finished basement with half bath, Private parking in rear fits approx 4-6 cars + additional street parking, Taxes
$7,500 Engery Efficiency solar Vestibule, skylights and high efficiency systems reduce operating costs. Future transfer expected to reduce electric bills $50.00--150.00/month
Year built Approx 1951.
Rents in the area are between $4,500---$8,000
Currently owner occupied, Use Flexibility ideal for medical, legal, day care, salon, accounting, plumbers, contractor office, Retail, Second floor can be expanded ( variances required) new roof, gutters, AC, hot water heater, Finished basement with half bath, Private parking in rear fits approx 4-6 cars + additional street parking, Taxes
$7,500 Engery Efficiency solar Vestibule, skylights and high efficiency systems reduce operating costs. Future transfer expected to reduce electric bills $50.00--150.00/month
Year built Approx 1951.
Rents in the area are between $4,500---$8,000
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
2,037 SF
Building Class
C
Year Built
1989
Price
$1,027,109 CAD
Price Per SF
$504.23 CAD
Cap Rate
14.70%
NOI
$150,964 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,019 SF
Building FAR
0.67
Lot Size
0.07 AC
Zoning
4A - medical, legal, day care, salon, accounting, plumbing, contractor office, Retail, and much more
Amenities
- Skylights
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 12-00031-0000-00001 | Total Assessment | $380,466 CAD (2025) |
| Land Assessment | $205,658 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $174,809 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
12-00031-0000-00001
Land Assessment
$205,658 CAD (2025)
Improvements Assessment
$174,809 CAD (2025)
Total Assessment
$380,466 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Modern Realty Group LLC
232 Union Blvd
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