This versatile mixed-use building offers limitless possibilities! Featuring 2 residential units, an expansive garage, and dedicated office space, it's ideal for both living and business needs. Additional off-street parking ensures convenience for tenants and clients. With the potential to add 4 more floors, subject to approvals, this property offers great upside for future development. Centrally located, it's just minutes from downtown Union City, major roadways, and public transportation, making it an ideal spot for both residential and commercial endeavors. Don't miss this rare investment opportunity!
Location Location Location! Prime investment opportunity in the heart of Union City 6-unit multifamily. Directly across the Hudson River from Manhattan. Excellent public transportation options. Close proximity to the Lincoln Tunnel. Near to the train stations for easy commuting community NYC. This property offers a unique opportunity to invest in a thriving, diverse community, promising steady rental income and potential for appreciation.
LOCATION, LOCATION LOCATION. MIXED-USE INVESTMENT PROPERTY. ONE COMMERCIAL AND TWO RESIDENTIAL UNITS. EASY TO MANAGE AND A GREAT CASH FLOW INVESTMENT. ALL NUMBERS ARE ACTUAL AND FULLY OCCUPIED. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY PREMIER INVESTMENT CITIES AND HIGHLY SORT AFTER BUSINESS DISTRICT. ONLY TWO MILES AWAY FROM HOBOKEN, BORDERING JERSEY CITY HEIGHTS, AND 5 MILES FROM MIDTOWN NYC WITH DIRECT TRANSPORTATION. BERGENLINE AVE IS THE MAIN COMMERCIAL DISTRICT IN UNION CITY, WHICH IS LINED WITH SHOPS AND BUSTLING WITH ACTIVITY SEVEN DAYS A WEEK. LOCATED IN AN OPPORTUNITY ZONE. RESIDENTIAL UNIT 1 COMPRISES OF 3 BEDROOMS, ONE BATH, LIVING ROOM AND EAT IN KITCHEN. RESIDENTIAL UNIT 2 COMPRISES OF 4 BEDROOMS, 2 FULL BATHS, LIVING ROOM AND EAT IN KITCHEN. COMMERCIAL SPACE IS A WELL ESTABLISHED BAKERY WITH A LONG TERM LEASE TILL 2029 WITH APPROPRIATE INCREMENTAL INCREASES. GREAT INVESTMENT OPPORTUNITY.
Calling Restaurant, Hookah Lounge, and service industry businesses! Introducing an exceptional retail investment opportunity in the heart of Union City New Jersey. This glass entrance property, renovated in 2018, offers a prime 3,456 SF retail space ideal for forward-thinking investors with 10' - 12' ceilings. Boasting commercial retail zoning and featuring a singular, versatile unit, this property presents an attractive canvas for retail and street retail endeavors. The location offers the potential for high visibility and foot traffic in this thriving market. A unique blend of historical charm and modern functionality, this property is poised to elevate any retail venture's success in this dynamic and sought-after Northern New Jersey location.
The median home value in Union City, NJ is $454,600. This is lower than the county median home value of $549,000. The national median home value is $338,100. The average price of homes sold in Union City, NJ is $454,600. Approximately 17.62% of Union City homes are owned, compared to 75.08% rented, while 7.3% are vacant. Union City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Union City real estate agent to arrange a tour today!
Union City, New Jersey 07087 has a population of 67,903. Union City 07087 is less family-centric than the surrounding county with 28.98% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Union City, New Jersey 07087 is $53,177. The median household income for the surrounding county is $79,795 compared to the national median of $69,021. The median age of people living in Union City 07087 is 36.7 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 47.9 inches per year, with 25.6 inches of snow per year.