Mixed-Use Property with
For Sale
$1,399,999
3511-3513 PARK AVE, Union City, NJ 07087
Five residential units accompany two retail spaces with established leasing activity.
Property SizeContact for details
Days on Market51
Property Features for 3511-3513 PARK AVE
General Information
Standard status
Active
Property subtype
Investment
Listing Agency:
COMPASS NEW JERSEY, LLC
Listed By:
FRANCESCO MAZZAFERRO
(551) 212-3870
Source:
Serhant
Added: Sep 14
Changed: Oct 31
Last Checked: Nov 1 at 3:39PM
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 COMPASS NEW JERSEY, LLC
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Investment Insights
Based on property information with market context.
This mixed-use property at 3511-3513 Park Ave combines five residential units with two retail spaces on an approximately 4,000-square-foot lot. One commercial space has been leased for over ten years, while the second has a newly signed lease, providing an established operating profile across the property’s residential and retail components.
The property is situated near parks, local shops, NJ Transit, rental residences, and condominium buildings. Route 495 provides a connection through the Lincoln Tunnel toward Manhattan, with trips potentially under fifteen minutes depending on traffic and destination. Expansion or further development may be considered, subject to applicable zoning, required variances, and other necessary approvals.
The property is situated near parks, local shops, NJ Transit, rental residences, and condominium buildings. Route 495 provides a connection through the Lincoln Tunnel toward Manhattan, with trips potentially under fifteen minutes depending on traffic and destination. Expansion or further development may be considered, subject to applicable zoning, required variances, and other necessary approvals.
Key Highlights
- Five residential units and two retail spaces
- Approximately 4,000‑square‑foot lot
- One retail space leased for over ten years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,491
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five residential units accompany two retail spaces with established leasing activity.
Where is this mixed-use property located?
The property is located at 3511-3513 PARK AVE Union City, NJ.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Five residential units and two retail spaces; Approximately 4,000‑square‑foot lot; One retail space leased for over ten years
