Commercial space For Lease in Union City, NJ
MLS# : 25042434
PROPERTY DETAILS
PROPERTY DESCRIPTION
EXCEPTIONAL COMMERCIAL OFFICE BUILDING FOR SALE : PRIME UNION CITY PARK AVENUE LOCATION! A truly rare and outstanding opportunity awaits to acquire a highly desirable commercial office building located at 4407-4411 Park Ave in Union City, New Jersey. This expansive property presents significant potential for owner-operators or investors alike, offering flexibility and superb condition in a sought-after location. Property Highlights & Features: -Size and Configuration: The building is currently configured with 7 individual suites and includes 4 half bathrooms, providing versatile options for various business types and multi-tenant occupancy. -Parking: A crucial advantage in this dense area, the property boasts 5+ dedicated parking spaces. Prime Border Location: Strategically situated on the border of Weehawken, the property benefits from proximity to its affluent and desirable neighboring municipality. -Unparalleled NYC Access.
Amenities
This listing is a courtesy of Access Homes Realty
201-766-2565 office, listing agent Gustavo Santacruz
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): | $598,402 |
| Homes Sold* (12mo): | 10 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $435,653 |
| Apatments Sold* (12mo): | 132 |
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 : | $449,900 - 1,400,000 | 9 |
| Condos : | $215,000 - 1,400,000 | 63 |
| Co-ops : | $265,000 - 599,000 | 21 |
| Twnhs : | - | |
| 2-4 Fam : | $627,000 - 1,200,000 | 17 |
| 5+ Fam : | $875,000 - 1,900,000 | 5 |
| Land : | $3,990,000 - 3,990,000 | 1 |
| Rentals : | $1,800 - 3,900 | 13 |
| Mixd Use : | $649,000 - 2,650,000 | 11 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $45,000 - 500,000 | 5 |
