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Retail Space with Upper Open Space
For Sale
$1,600,000

507 32ND ST, Union City, NJ 07087

MULTI_FAMILY - Union City, NJ

Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$666.67
Days on Market154

Property Features for 507 32ND ST

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Directions bergenline
Subdivision Union City
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 27775
Listing Agency: KELLER WILLIAMS CITY LIFE REALTY · Keller Williams Realty
Listed By: THOMAS MISURACA · License #1325049
Added: Mar 10 Changed: Jul 28 Last Checked: Aug 10 at 8:06AM
MLS# 260004157

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

507 32nd St in Union City is a three-story retail space with basement. The main level provides approximately 2,400 SF of retail space with 11-foot ceilings.

Two additional stories above the retail level offer open space ready for build-out. The layout provides the potential to create up to four residential units, supporting a mixed-use design approach.

The building sits on a 25 x 98 lot with 100% lot coverage. The property is positioned on the Bergenline corridor, within a highly active commercial district.

Key Highlights

  • Approximately 2,400 SF retail space with 11‑foot ceilings
  • Two additional stories of open space ready for build‑out above the retail level
  • Potential to create up to four residential units

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Catering Service Tattoo & Piercing Shop Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,456
Businesses Nearby

Demographics for 07087, NJ

68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three-story retail building with two additional stories of open space above, ready for build-out in Union City.
Where is this retail space located?
The property is located at 507 32ND ST Union City, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 2,400 SF retail space with 11‑foot ceilings; Two additional stories of open space ready for build‑out above the retail level; Potential to create up to four residential units
More about this property
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