3716-3722 32nd St
Union City, NJ 07087
Liberty Park, Union City · Land For Sale
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0.43 AC
Investment Highlights
- Fully approved for 48 apartments and 74 parking spaces
- Immediate access to I- 495, I-78, Route 1 & 9 and Route 3
- Two miles from the Lincoln Tunnel
Property Facts
Description
Liberty Park is a multifamily development opportunity located on the corner of 38th and 32nd street in Union City, New Jersey. The development site is approved for 48 residential units with 74 parking spaces. The development site has a favorable unit mix of 16 one bedrooms and 32 two bedrooms. The site is located 2 miles from the Lincoln Tunnel, under a mile from the 49th Street Light Rail Station and steps from the 37th street bus stop, which offer convenient routes to Manhattan. The site is located 3 miles from New York City and is near major roadways like I-495, I-78, Route 1&9 and Route 3. Liberty Park is also two miles from the Port Imperial Ferry Terminal which provides an alternative, time saving route to Manhattan commuters. Union City is the most densely populated city in the United States and is quickly becoming a popular alternative, among young professionals compared to the increasingly pricey areas such as Brooklyn, Manhattan, Queens, Hoboken, and Jersey City.
Property Taxes
| Parcel Number | 10-00260-0000-00030 | Improvements Assessment | $3,600,000 |
| Land Assessment | $2,880,000 | Total Assessment | $6,480,000 |
Property Taxes
