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$ 499,999
Est. payment /mo
Price Dropped by $49K
1404 SUMMIT AVE Union City, NJ 07087
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250001861
Annual Tax Amount $9,394
Tax Year 2023
Lot Dimensions 25x113
Property Sub-Type Vacant Land
Property Description
Buyers have the opportunity to reinstate previously approved plans for a commercial space and a six-apartment building, subject to local authority approval. The previously approved plans expired in 2019/2020 and will not be reinstated by the seller. The buyer is responsible for obtaining renewal or reinstatement from the relevant town or board, subject to their approval. Prime vacant land measuring 25x113, offering unlimited potential for development. Any construction on this lot will be designated for the free market. An excellent opportunity for investors, builders, and developers. Situated on a main avenue, close to restaurants, schools, shopping, and public transportation. Don't miss this exceptional investment opportunity!
Location
State NJ
County Hudson
Area Union City
Zoning SSD2
Listed by CITYLIVING REAL ESTATE LLC