Your email has been sent.
Investment Highlights
- Approved Mixed-Use Development Opportunity
- ±2,240 SF of Ground-Floor Retail
- ±0.45-Acre Corner Site | Union Ave & Central Ave
- 7 Planned 2BR / 2BA Residences with Garages
- 27 Proposed Parking Spaces
- Site Plan & Architectural Package Available
Executive Summary
Property Facts
1 Lot Available
Lot 1, 2 & 16
| Price | $1,949,598 CAD | Lot Size | 0.45 AC |
| Price Per AC | $4,332,440.06 CAD |
| Price | $1,949,598 CAD |
| Price Per AC | $4,332,440.06 CAD |
| Lot Size | 0.45 AC |
Approx. 0.45-acre corner development site at Union Ave & Central Ave comprising Block 187, Lots 1, 2 & 16. Planned mixed-use project with 7 residences, approx. 2,240 SF retail and 27 parking spaces.
Description
Union Court presents an opportunity to acquire an approved mixed-use development site at the corner of Union Avenue and Central Avenue in Union Beach, Monmouth County, New Jersey. The approximately 0.45-acre gross site encompasses Block 187, Lots 1, 2 & 16 and is planned as a three-building development containing seven residential units plus approximately 2,240 square feet of ground-floor retail. The residential component is designed as seven 2-bedroom, 2-bath residences with garages. The approved site plan provides for 27 parking spaces, along with balconies/decks and additional mezzanine space within the rear residential building. The Borough Planning Board record identifies the property as a conforming vacant corner site and notes that the redevelopment plans meet the bulk and area requirements of the Commercial Corridors Redevelopment Plan. The seller represents that the project is ready for building permit submission. The opportunity provides flexibility for a developer or investor to evaluate multiple execution strategies, including condominium sellout, long-term residential and commercial rental ownership, or a combination strategy. Full site-plan documentation and architectural materials are available for review. Prospective purchasers should independently verify all municipal approvals, permits, utility availability, development costs and intended uses.
Presented by
710 Union ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.


