572 Union Blvd

Totowa Boro, NJ 07512


 

Price: $999,999

GSMLS:  4035972
Type: Multi-Family
Style: 2-Two Story, Fixer Upper
Total Units: 2
Beds: 3
Baths: 1 Full & 1 Half
Garage: 2-Car
Year Built: 1941
Acres: 0.17
Property Tax: $15,837
Description
Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment Potential Exceptional 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 Potential Residential 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.
General Info
Style:
2-Two Story, Fixer Upper
SqFt Building:
5,200
Total Rooms:
10
Basement:
Yes - Bilco-Style Door, Finished-Partially, Full
Interior:
n/a
Roof:
Flat
Exterior:
Aluminum Siding, Brick, Vinyl Siding
Lot Size:
60X124
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Built-In Garage, Finished Garage, Garage Door Opener, Garage Parking
Parking:
2 Car Width, Concrete
Spaces Available:
4
Unit 1
Bedrooms:
1
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
3
Room Description:
See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Totowa Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$999,999
Tax Amount:
$15,837
Land Assessment:
$390,000
Build. Assessment:
$149,800
Total Assessment:
$539,800
Tax Rate:
2.93
Tax Year:
2025
Listing Information
MLS ID:
4035972
List Date:
06-22-2026
Days On Market:
0
Listing Broker:
ELITE REALTORS OF NEW JERSEY
Listing Agent:
David Simonetti
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox