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2500 Summit Ave
Union City, NJ 07087
Redevelopment Opportunity · Land For Sale
·
0.23 AC
INVESTMENT HIGHLIGHTS
- Redevelopment Site
EXECUTIVE SUMMARY
Potential development or sold as-is.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | ||
| Zoning | R - Union City Redevelopment Zone | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.23 AC |
| Zoning | R - Union City Redevelopment Zone |
1 LOT AVAILABLE
Lot
| Price | $3,990,000 | Lot Size | 0.23 AC |
| Price Per AC | $17,347,826.09 |
| Price | $3,990,000 |
| Price Per AC | $17,347,826.09 |
| Lot Size | 0.23 AC |
Existing warehouse on a corner lot. Warehouse includes three loading docs, three floors, and retail store.
DESCRIPTION
Currently occupied as a warehouse located within the Union City Redevelopment Zone. Recent building department approvals in this neighborhood have been approved for high rise buildings with over 200+ units.
PROPERTY TAXES
| Parcel Number | 10-00144-02-00001 | Improvements Assessment | $935,700 |
| Land Assessment | $700,000 | Total Assessment | $1,635,700 |
PROPERTY TAXES
Parcel Number
10-00144-02-00001
Land Assessment
$700,000
Improvements Assessment
$935,700
Total Assessment
$1,635,700
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