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UID:171846
DTSTAMP:20261014T120000
DTSTART:20261014T120000
DTEND:20261112T110000
SUMMARY:Mixed Use Building Featuring: 43 Apartments & 25\,000 sf Comm
 ercial Building in Union NJ
LOCATION:2003 Morris Avenue\, Union\, NJ 07083\, US
DESCRIPTION:Bankruptcy Auction A Rare Opportunity to Acquire One or Both
  Parcels in Union’s Premier Mixed-Use Property PARCEL 1 â
 €“ STABILIZED MULTIFAMILY INVESTMENT 43 Luxury Market Rate A
 partments Newly constructed multifamily asset completed in 2
 024 with modern building systems and minimal deferred mainte
 nance. Diverse unit mix of studios\, one-bedroom\, one-bedroom
 -plus-den\, and two-bedroom residences designed to appeal to 
 a broad tenant base. Contemporary apartment interiors featur
 ing upscale finishes\, open layouts\, in-unit laundry\, and ind
 ividually controlled utilities. Strong amenity package inclu
 ding fitness center\, media lounge\, package management area\, 
 recreational party room\, rooftop lounge and terrace with pan
 oramic views. Professionally designed residential lobby crea
 ting an attractive first impression for residents and guests
 . Covered and surface parking available\, enhancing convenien
 ce within a vibrant downtown setting. Institutional-quality 
 construction with a favorable tax-abatement period and poten
 tial for continued rental growth.   PARCEL 2 – SIGNATURE 
 25\,000+/- sf COMMERCIAL SPACE WITH UNLIMITED POTENTIAL Curre
 ntly Configured as an Event Venue\, Professional Office and C
 oworking Space — Adaptable for Retail\, Medical\, Office\,Edu
 cational\, Fitness and Other Commercial Uses Distinctive arch
 itectural features blend historic character with modern rede
 velopment\, creating an unmatched customer experience. Signat
 ure event and banquet venue with capacity for large-scale so
 cial\, corporate\, and community gatherings. Purpose-built eve
 nt infrastructure includes caterer service areas\, dedicated 
 elevators\, rooftop lounge and terrace\, skylight atrium and m
 agnificent vault bar. Modern office accommodations positione
 d for owner-users. Designed to be corporate headquarters\, pr
 ofessional firms\, or long-term tenancy. Highly visible downt
 own presence with strong accessibility\, parking\, and excepti
 onal repositioning or operational upside. Scouted by Netflix
  as a potential filming location for three feature productio
 ns since opening ONLINE AUCTION Bidding opens Tuesday\, Novem
 ber 10\, 2026 Bidding concludes Thursday\, November 12\, 2026 
  Property Previews 12 To 2 PM: Wednesday\, October 21st & Mon
 day\, October 26th Property Address: 2003 Morris Avenue\, Un
 ion Township\, Union County\, NJ 07083 Take the next step! Joi
 n the maxspann.com bidders club\, then click on the large red
  button to pre-register and download the property informatio
 n package.  Questions? Call 888-299-1438 or email auctions@
 maxspann.com
URL:https://www.ajwillnerauctions.com/auctions/detail/bw171846
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