Active

2207 SUMMIT AVE

Union City NJ, 07087

$14,000,000


Active

Commercial

Prime Development Opportunity in Union City, NJ! Presenting a rare and exceptional development opportunity in the heart of one of the best locations on the planet. This commercial industrial property comes with fully approved plans for an 18-story building, set to house 208 residential units. This prime location offers easy access to New York City, making it an attractive option for both developers and future residents. The property is fully approved for this multi-story residential building, eliminating the need for lengthy zoning approvals and accelerating your development timeline. Strategic Location: Situated in a vibrant and bustling location, just minutes from the Lincoln Tunnel and major highways, this property is ideal for commuters looking for quick access to Manhattan and other parts of New Jersey. High Demand Area: Union City is a growing community with high demand for residential units, making this development a lucrative investment with strong potential returns. Ample Amenities: The approved development plan includes space for modern amenities, potentially featuring a pool, rooftop lounge, and other desirable features to attract high-quality tenants. Proximity to Public Transport: With nearby access to public transportation, including bus lines and light rail, the location offers convenience for future residents. Lincoln Tunnel and all major arteries nearby! This is a unique opportunity to capitalize on Union City's expanding real estate market. Whether you're an experienced developer or an investor looking to enter the development sector, this property provides the foundation for a successful and profitable project. Contact Information: For more details or to schedule a site visit, please contact the Listing Agent. Don't miss out on this exceptional opportunity to bring a high-rise residential project to life in one of New Jersey's most desirable urban communities.

240016475

MLS ID

August 21, 2024

Listed

September 13, 2024

Updated

Map

2207 SUMMIT AVE
Union City NJ, 07087

Other Property Details

Area Name

Union City


Days on Market

21


Garage

No


View

No


County

Hudson


Pool

No

Courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY with LISA CATALDI,
Listing Contact: 201-223-4207 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 9/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/13/2024 at 11:41 AM UTC

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