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.
Union City is located in New Jersey. Union City, New Jersey has a population of 67,903. Union City 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 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 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.