Union City, NJ 07087 · Investment · For Sale · MLS 260017740
200 38Th St
$1,200,000
Investment
Use
4
Units
3+ Cars
Parking spaces
1
Days Listed
About this property
200 38th St, Union City, An Exceptional Mixed-Use Four-Unit Property with Multiple Income Streams in Hudson County, New Jersey. Rare opportunity to own a well-positioned 4-unit mixed-use property in the heart of Union City, featuring 2 residential units, 2 commercial spaces, garage parking, and additional basement space. The property offers strong rental potential with multiple income-producing components, making it an attractive opportunity for investors, business owners, or owner-users. The projected rent roll for this property is approaching 10k per month , with additional upside through the future repositioning of the commercial space. The longtime check-cashing tenant is expected to vacate, providing an opportunity for a new owner to secure a higher-paying tenant or utilize the space for their own business. Architectural plans are also available for a proposed 4-unit mixed-use configuration consisting of 3 residential units and 1 commercial unit, presenting additional future potential for investors or end users, subject to Town approval and applicable zoning and permitting requirements. This property also qualifies for a First-Time Homebuyer program offering current discounted interest rates at approximately 6.125%, potentially providing an attractive financing opportunity for a qualified owner-occupant. Program eligibility, rates, terms, and availability are subject t
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260017740
Space
Units4
ConstructionBrick
Building systems
SprinklersNone
Site & exposure
Parking spaces3+ Cars
Investment
Annual taxes$10,304
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Union City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 200 38Th St?
The asking price is $1,200,000.
What is 200 38Th St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Union City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 200 38Th St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
