Multi-Family

Liberty Park, Union City

649 38th St, Union City, NJ 07087

Listing Price: $2,900,000

Lot Size
0.43 acres
Price/Acre
$6,730,101
Land Type
Land
Buildable Square Feet
77,388

Investment Overview

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.

Investment Highlights

  • Fully approved for 48 apartments and 74 parking spaces
  • Available for joint venture
  • Two miles from the Lincoln Tunnel
  • The site is located steps from the 37th street bus station which offers a convenient route to Midtown Manhattan via the PATH

Exclusively Listed By

Multi-Family

Liberty Park, Union City

Listing Price: $2,900,000

Lot Size
0.43 acres
Price/Acre
$6,730,101
Land Type
Land
Buildable Square Feet
77,388

Investment Highlights

  • Fully approved for 48 apartments and 74 parking spaces
  • Available for joint venture
  • Two miles from the Lincoln Tunnel
  • The site is located steps from the 37th street bus station which offers a convenient route to Midtown Manhattan via the PATH

Investment Overview

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.

Exclusively Listed By

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