Commercial space For Sale in Union City, NJ
MLS# : 250004051
PROPERTY DETAILS
PROPERTY DESCRIPTION
Location + Cash flow + Curb-appeal! Turnkey 3-units mixed use building in heart of urban oasis Union City NJ outside New York City. Ideal investment opportunity to capitalize on a changing neighborhood or perfect for homeowner looking to collect rent. One established commercial tenant and 2 UPDATED, delivered VACANT apartments. Tastefull upgrades to 2 spacious apartments boast modern kitchens with new stainless appliances, cabinets & quartz counters, spacious bedrooms and renovated baths. Modern finishes, ample closets, natural light and hardwood floors throughout building. First floor is convenience store plus 1 bedroom/1 bath apartment, Second level is spacious 3 bedrooms/1 full and 1 half bathrooms. New Central A/C on 2nd floor, separate utilities and new water heaters. Laundry in basement + space for rec room & storage. Backyard for entertaining plus more. Steps to NYC transit, located in heart of business district with tremendous foot traffic. Superb curb appeal on this beautiful bi-level, located close to NYC is an opportunity that can't be missed!
Amenities
This listing is a courtesy of KELLER WILLIAMS CITY VIEWS
201-592-8900 office, listing agent KANISHK DAYAL
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): | $524,165 |
| Homes Sold* (12mo): | 12 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $423,550 |
| Apatments Sold* (12mo): | 136 |
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 : | $489,000 - 998,000 | 5 |
| Condos : | $125,000 - 1,350,000 | 53 |
| Co-ops : | $248,000 - 579,000 | 13 |
| Twnhs : | $489,000 - 489,000 | 1 |
| 2-4 Fam : | $490,000 - 1,899,000 | 26 |
| 5+ Fam : | $949,000 - 1,999,000 | 7 |
| Land : | $549,000 - 999,000 | 2 |
| Rentals : | $1,700 - 4,190 | 12 |
| Mixd Use : | $825,000 - 2,650,000 | 13 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $81,900 - 250,000 | 5 |
