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- LoopNet Team
1709 Manhattan Ave
Union City, NJ 07087
Development Opportunity · Land For Sale
·
0.11 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.11 AC |
| Property Subtype | Residential | No. Stories | 2 |
| Proposed Use | Multifamily | ||
| Zoning | R-MF | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
| No. Stories | 2 |
| Zoning | R-MF |
DESCRIPTION
GARABEDIAN REALTY GROUP HAS BEEN RETAINED TO ARRANGE THE SALE OF THIS 5200 SQ FT LOT ON 1707-1709 MANHATTAN AVE. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY'S PREMIER INVESTMENT CITIES AND IS LOCATED ON THE MOST SORT AFTER DEVELOPMENT AVE (MANHATTAN AVE) IN UNION CITY WITH AN ENDLESS DEVELOPMENT OPPORTUNITY. THIS LOT IS WALKING DISTANCE TO HOBOKEN AND ONE BLOCK FROM PALISADE AVE WITH DIRECT NYC TRANSPORTATION. THIS LOT CURRENTLY MAINTAINS A PARKING LOT FOR 10 CARS AND A SINGLE FAMILY STRUCTURE CURRENTLY OCCUPIED. A GREAT OPPORTUNITY FOR ANY INVESTOR/BUILDER LOOKING TO DEVELOPMENT POSSIBLE 6 TO 8 UNIT RESIDENTIAL BUILDING UPON OBTAINING RELEVANT MUNICIPAL APPROVALS. ALL WOULD APPRECIATE THE OPPORTUNITY THAT RESIDES IN THIS LOCATION. UNION CITY IS A PRIMARY RESIDENTIAL ENCLAVE FOR RESIDENTS SEEKING CONVENIENT HOUSING AND DIRECT ACCESS TO EMPLOYMENT AND ENTERTAINMENT HUBS. THIS AREA IS SOUGHT AFTER AS AN ECONOMIC ALTERNATIVE TO THE MORE EXPENSIVE WATERFRONT AREAS NEARBY (HOBOKEN, JERSEY CITY, WEEHAWKEN). THIS DENSELY POPULATED CITY OFFERS ANY INVESTOR / BUILDER A GREAT ECONOMIC OPPORTUNITY TO FURTHER DEVELOP THIS GROWING NEIGHBORHOOD ONCE REFERRED TO AS “WEST HOBOKEN”. PLEASE CONTACT LISTING AGENT DIRECT FOR FURTHER DETAILS AS PROPERTY IS SOLD AS IS AND WILL NOT LAST.
