540 37th St 1 Union City, NJ 07087-2545
R Zone, shared accessory off-street parking shall be permitted in accordance with the following: § 223-46. Off-street parking and loading. 120 (1) A use for which an application for shared parking is made shall be located within 500 feet of the parking facility which is being shared. (2) An agreement providing for the shared use of parking, executed by all t…
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
R · Union City, NJR Zone, shared accessory off-street parking shall be permitted in accordance with the following: § 223-46. Off-street parking and loading. 120 (1) A use for which an application for shared parking is made shall be located within 500 feet of the parking facility which is being shared. (2) An agreement providing for the shared use of parking, executed by all the parties involved, shall be approved by the approving authority's attorney and filed with the City Clerk. Shared parking privileges shall continue in effect so long as the agreement, binding on all parties, remains in force. If the agreement is no longer in force, parking shall be provided as otherwise required in this chapter. (3) Shared parking for uses with different hours of operation. Shared parking shall be permitted between two uses with differing hours of operation, provided that the approving authority shall have discretion in determining which uses are daytime uses and which are nighttime or Sunday uses. The following shall serve as general guidelines: (a) The following uses may be generally considered daytime uses: [1] Offices. [2] Retail sales and services, except restaurants, bars and entertainment uses. [3] Wholesale, storage and distribution uses. [4] Manufacturing uses. [5] Other similar primarily daytime uses as determined by the approving authority. (b) The following uses may be generally considered nighttime or Sunday uses: [1] Places of worship, clubhouses, and theaters. [2] Bars. [3] Other similar primarily nighttime or Sunday uses as determined by the approving authority. (4) The approving authority may authorize the use of up to 90% of the required off-street parking for a daytime use to serve as the required off-street parking for a nighttime or Sunday use and vice versa. The applicant shall demonstrate that the hours of operation of the two uses will not conflict, and the approving authority shall place conditions limiting the hours of operation to ensure that adequate parking is available to all users at the appropriate times. (5) Shared parking for uses with similar hours of operation. The approving authority may approve shared parking arrangements between two or more uses with the same or overlapping operating hours by up to 20% of the total parking that would be required for all of the uses calculated separately.
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