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710 Union ave
Union Beach, NJ 07735 Aberdeen/Hazlet/Middletown

$1,400,000 USD

Land For Sale  •  0.45 AC

Property Details

  • Property Type Land
  • Lot Size 0.45 AC
  • Zoning Commercial Corridors Rede
30 Transit Score
40 Walk Score

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.

Highlights

Approved Mixed-Use Development Opportunity
7 Planned 2BR / 2BA Residences with Garages
±2,240 SF of Ground-Floor Retail
27 Proposed Parking Spaces
±0.45-Acre Corner Site | Union Ave & Central Ave
Site Plan & Architectural Package Available

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Hazlet (North Jersey Coast Line - NJ TRANSIT RAIL) 5 min - 3.4 mi
Aberdeen-Matawan (North Jersey Coast Line - NJ TRANSIT RAIL) 6 min - 4.0 mi
AirportDriveWalkDistance
Newark Liberty International 41 min - 30.3 mi
LaGuardia 71 min - 47.6 mi
Lawrence Vecchio 732-264-9593 VRI Commercial Realty
Lawrence Vecchio 732-264-9593 VRI Commercial Realty