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Approved Multifamily Development Site
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3716 32nd St, Union City, NJ 07087

Corner development site approved for 48 residential units with 74 parking spaces.

Property SizeContact for details
Days on Market120

Property Features for 3716 32nd St

General Information

Standard status Active
Total Parking Spaces 74
Property subtype Land

Additional Details

Highway Access Yes
Multifamily Units 48
Listing Agency: Matthews
Listed By: David Ferber · License #1974915
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 1:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

This corner development site in Union City is approved for a multifamily project totaling 48 residential units and 74 parking spaces. The approved unit mix includes 16 one-bedroom units and 32 two-bedroom units.

The site is located about 2 miles from the Lincoln Tunnel and under a mile from the 49th Street Light Rail Station. It is also steps from the 37th Street bus stop and approximately 2 miles from the Port Imperial Ferry Terminal, which offers an alternative route for commuters to Manhattan. Nearby major roadways include I-495, I-78, Route 1&9, and Route 3.

The approved layout and parking count support a multifamily residential development plan, with the unit distribution reflected in the one- and two-bedroom mix.

Key Highlights

  • Corner development site on 38th and 32nd streets in Union City, NJ
  • Approved for 48 residential units with 74 parking spaces
  • Unit mix approved: 16 one‑bedroom and 32 two‑bedroom units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Catering Service Tattoo & Piercing Shop Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store

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

Lease Details

48
Residential units
Yes
Highway access

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner development site approved for 48 residential units with 74 parking spaces.
Where is this residential land & home lot located?
The property is located at 3716 32nd St Union City, NJ.
What are key features of this property?
This property features: Corner development site on 38th and 32nd streets in Union City, NJ; Approved for 48 residential units with 74 parking spaces; Unit mix approved: 16 one‑bedroom and 32 two‑bedroom units
More about this property
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