MLS# : 250007387
Prime Development Site – Union City, NJ. Vacant land currently used as a parking garage — a rare and valuable offering in one of Union City's fastest-growing corridors. The site includes a uniquely shaped lot totaling 6,624 square feet, offering 75 feet of street frontage, with depths of 100 feet on one side and 77.5 feet on the other. There is potential to subdivide into three individual lots, each offering 25 feet of frontage. Strategically located adjacent to Jersey City Heights and near Washington Park, the property is ideally positioned at the heart of Union City’s ongoing transformation. Future residents will enjoy seamless access to the Congress Street Light Rail, major highways, and a quick 30-minute commute to New York City. The site can be subdivided into three separate lots, each ideal for the construction of a two-family home or two condominiums — perfectly suited to meet the growing demand for modern urban living. This is a rare opportunity to invest in a thriving neighborhood poised for substantial growth. Secure your place today and help shape Union City’s future!
This listing is a courtesy of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
201-962-9551 office, listing agent FRANCESCO MAZZAFERRO
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 |
Average Price* (12mo): | $440,638 |
Apatments Sold* (12mo): | 143 |
Homes : | $340,000 - 899,999 | 5 |
Condos : | $175,000 - 1,350,000 | 57 |
Co-ops : | $249,000 - 595,000 | 16 |
Twnhs : | $489,000 - 819,000 | 3 |
2-4 Fam : | $550,000 - 1,999,995 | 16 |
5+ Fam : | $949,000 - 1,299,000 | 3 |
Land : | $499,999 - 999,000 | 2 |
Rentals : | $1,500 - 5,000 | 12 |
Mixd Use : | $790,000 - 2,650,000 | 8 |
Com S : | - | |
Com L : | - | |
Biz : | $74,900 - 250,000 | 2 |
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All information deemed reliable but not guaranteed. Last date updated: 05/01/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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