Commercial space For Sale in Union City, NJ
MLS# : 240021288
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover an exceptional opportunity with this five-unit residential house, ideally located just moments from New York City. Perfect for investors or those seeking multi-family living, this property offers easy access to NYC transportation, making commuting a breeze. Enjoy nearby parks for outdoor recreation and quick access to major highways for seamless travel. Each unit boasts spacious layouts and abundant natural light, ensuring a welcoming atmosphere. The building features a mix of charming details and modern updates, appealing to a range of tenants. With its prime location and strong rental potential, this property is a smart addition to any real estate portfolio. Don't miss your chance to invest in a vibrant community with endless possibilities.
Amenities
This listing is a courtesy of LIFESTYLE INTERNATIONAL REALTY LLC
201-559-5770 office, listing agent ANTHONY ZITO
About Union City, NJ Real Estate Market
The Union City is situated atop the ridge of the lower Hudson Palisades. Due to a high elevation, the city offers clear views of surrounding municipalities like New Jersey Meadowlands and New York City Skyline. It shares its borders with other parts of Hudson County, such as Jersey City, Hoboken, Weehawken, North Bergen and West New York.
The formation of Union City as a city happened in 1925 by an act of the New Jersey Legislature. Union City was established by merging Union Hill and West Hoboken Township. The city’s name got derived from the names of these two municipalities. In its early stages, Union City was inhabited by German and Spanish speaking people.
Union City is divided into two parts by New Jersey Route 495, which resulted in the renaming of many street names in the city. Most of the homes for sale in this part of Hudson County are located on streets like 32nd Street, Hackensack Plank Road and Bergen Turnpike, which form Union City’s urban grid.
| Population: | 65,551 |
| Total Housing Units: | 22,411 |
| Single Family Homes: | 5,756 |
| Apartments: | 16,655 |
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
| Compare To Other Towns |
Union City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $575,934 |
| Homes Sold* (12mo): | 15 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $411,340 |
| Apatments Sold* (12mo): | 127 |
APARTMENT SALES
Union City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $353,000 - 998,000 | 7 avail |
| Condos : | $85,000 - 1,399,999 | 59 avail |
| Co-ops : | $248,000 - 589,900 | 16 avail |
| Twnhs : | $489,000 - 489,000 | 1 avail |
| 2-4 Fam : | $550,000 - 1,899,000 | 24 avail |
| 5+ Fam : | $849,000 - 1,999,000 | 7 avail |
| Land : | $400,000 - 999,000 | 3 avail |
| Rentals : | $2,100 - 4,195 | 13 avail |
| Mixd Use : | $825,000 - 2,650,000 | 13 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $81,900 - 170,000 | 2 avail |
