Max Spann to auction Titan Union mixed-use property in two parcels

Max Spann Real Estate & Auction Co. will sell Titan Union, a 2024 mixed-use development in downtown Union, New Jersey, through an online auction opening Nov. 10 and closing Nov. 12. The offering includes 43 luxury apartments and more than 25,000 square feet of commercial space, giving investors separate chances to bid on the residential or commercial components.

Why it matters: - Titan Union gives investors a chance to buy a newly built mixed-use asset in downtown Union, one of Northern New Jersey’s active redevelopment markets. - The property is being offered in two parcels, which could broaden the buyer pool by letting bidders target either the apartment component or the commercial space. - The development’s projected 2026 NOI is approximately $1.502 million, underscoring its income-producing appeal.

What happened: - Max Spann Real Estate & Auction Co., working with AJ Willner Auctions, announced an auction for Titan Union at 2003 Morris Ave. in Union, New Jersey. - The online auction opens Tuesday, Nov. 10, 2026 at 9:00 a.m. and concludes Thursday, Nov. 12, 2026 at 11:00 a.m. - The offering covers a 2024 mixed-use development completed on about 0.54 acres in Union’s Downtown Core District. - The sale includes 43 luxury apartment residences and about 25,507 square feet of commercial space.

The details: - The residential and commercial components will be sold as two separate parcels. - The property includes modern commercial and office space, on-site parking, and immediate access to shopping, dining, major highways, and public transportation. - The site sits in a transit-oriented downtown location with access to the Garden State Parkway, I-78, Newark Liberty International Airport and New York City. - Property previews are scheduled for Wednesday, Oct. 21 from 12:00 p.m. to 2:00 p.m. and Monday, Oct. 26 from 12:00 p.m. to 2:00 p.m. - Representatives from Max Spann Real Estate & Auction Co. and AJ Willner Auctions will be on-site during both previews. - Complete auction terms, bidding information, the Property Information Package and registration details are available at more information.

Between the lines: - Max Spann is marketing Titan Union as an institutional-quality, adaptive reuse redevelopment that helped revitalize Union Center while preserving one of the township’s historic buildings. - The auction format can create price discovery for a property type that rarely reaches the market through an accelerated sale process, especially in a transit-oriented downtown. - Union’s ongoing residential and commercial investment appears to be a key part of the pitch for long-term appreciation, though that remains a forward-looking expectation rather than a guarantee.

What's next: - Prospective bidders can inspect the property during the October preview dates before the November auction window. - Qualified investors can register and review auction terms ahead of the online sale. - Max Spann and AJ Willner Auctions will conduct the auction through Max Spann’s accelerated marketing platform.

The bottom line: - Titan Union is being positioned as a rare chance to buy a newly constructed downtown mixed-use asset in one of North Jersey’s stronger submarkets, with the flexibility to bid on either the apartments, the commercial space or both.