Unveiling a Rare Real Estate Development Opportunity in Union City, NJ
Discover the untapped potential of this extraordinary real estate development opportunity in Union City, NJ, encompassing 3 lots totaling 6624 square feet, offering the prospect to develop 3 low-density residential properties. Nestled in a bustling enclave adjacent to Jersey City Heights and Union City's premier retail district, this coveted location grants seamless access to public transportation and major highways, ensuring a swift 30-minute commute to the vibrant streets of New York City.
Tailored for discerning developers seeking to leverage a burgeoning market fueled by an influx of commuting residents, this distinctive investment opportunity presents a compelling opportunity to secure a substantial return on investment.
Whether you are a seasoned developer or venturing onto your inaugural project, this site serves as a blank canvas for your creative architectural aspirations. Envision cultivating a vibrant community hub that addresses the varied needs of residents and businesses. The scope for personalization and expansion is boundless, especially with the opportunity to develop additional lots.
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!