Union City, NJ 07087 · Investment · For Sale · MLS 260019100
328 32Nd St
$1,449,999
Investment
Use
4
Units
8
Parking spaces
7
Days Listed
About this property
Exceptional mixed-use investment opportunity in the heart of Union City! This fully occupied property offers an attractive 7% cap rate and a strong combination of residential and commercial income. The building features four residential apartments: two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, plus an established restaurant occupying the ground-floor commercial space. All units feature central air conditioning and separately metered utilities, providing added efficiency and convenience for ownership. A major bonus is 8 on-site parking spaces, a highly desirable amenity in this densely populated area. Ideally situated near public transportation with convenient access to NYC, major highways, shopping, restaurants, schools, and everyday conveniences. With full occupancy, diverse income streams, a desirable location, and a compelling 7% cap rate, this is a rare opportunity for investors seeking a well-positioned income-producing property in one of Hudson County’s most convenient markets.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260019100
Space
Units4
Stories3
Site & exposure
Parking spaces8
Investment
Annual taxes$18,759
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 328 32Nd St?
The asking price is $1,449,999.
What is 328 32Nd 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 328 32Nd 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.
