2003 Morris Ave, Union, NJ 07083
sale
$3,500,000
|
Other
Courtesy Of Max Spann Real Estate and Auction Co.
BANKRUPTCY AUCTION "Titan Union" Premier Mixed-Use Investment Offered in Two Parcels. 43 Luxury Market Rate Apartments and 25,000+/- Sq Ft Commercial Space in Union Township, Union County, NJ. A Rare Opportunity to Acquire One or Both Parcels in Union's Premier Mixed-Use Property. PARCEL 1 - STABILIZED MULTIFAMILY INVESTMENT: 43 Luxury Market Rate Apartments. Newly constructed multifamily asset completed in 2024 with modern building systems and minimal deferred maintenance. Diverse unit mix of studios, one-bedroom, one-bedroom-plus-den, and two-bedroom residences. Contemporary apartment interiors featuring upscale finishes, open layouts, in-unit laundry, and individually controlled utilities. Amenities including fitness center, media lounge, package management area, recreational party room, rooftop lounge and terrace with panoramic views. Covered and surface parking available. Institutional-quality construction with a favorable tax-abatement period and potential for continued rental growth. PARCEL 2 - SIGNATURE 25,000+/- SF COMMERCIAL SPACE WITH UNLIMITED POTENTIAL: Currently Configured as an Event Venue, Professional Office and Coworking Space - Adaptable for Retail, Medical, Office, Educational, Fitness and Other Commercial Uses. Signature event and banquet venue with capacity for large-scale social, corporate, and community gatherings. Purpose-built event infrastructure includes caterer service areas, dedicated elevators, rooftop lounge and terrace, skylight atrium and magnificent vault bar. Modern office accommodations positioned for owner-users. Designed to be corporate headquarters, professional firms, or long-term tenancy. Highly visible downtown presence with strong accessibility, parking, and exceptional repositioning or operational upside. Scouted by Netflix as a potential filming location for three feature productions since opening. Property Previews 12 To 2 PM: Wednesday, October 21st & Monday, October 26th. ONLINE AUCTION: Bidding opens Tuesday, November 10, 2026 and concludes Thursday, November 12, 2026. Visit our website today for more details and Download the Property Information Package. In cooperation with AJ Willner Auctions. **This is an auction. The price listed is a suggested opening bid only and does not reflect the selling price in the marketing description.**
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Property Features
- Age: 1-5 Years Old
- MLSID: 12024497
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