For Sale
$4,150,000

3631 John F. Kennedy BlvdUnion City, NJ 07087

Five-parcel development opportunity, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional redevelopment opportunity encompasses five parcels totaling over 28,800 square feet of buildable land situated at 3631-3635 Kennedy Blvd & 85 Poplar St, Union City, NJ 07087. The property, currently featuring three homes and rear parking, presents a unique chance to create a significant development project. The site boasts a prime location in the Heights, offering convenient access to parks, public transportation (PATH and buses), and major highways. This transit-oriented location is ideal for residential or commercial development, with potential uses including senior housing or medical facilities. The existing structures can be delivered vacant or with tenants in place. The 28,800 square feet of net rentable space is spread across five parcels, each with its own address (3631 JFK Blvd, 3633 JFK Blvd, 3633A JFK Blvd, 3635 JFK Blvd, and 85 Poplar Street). The asking price is $4,150,000, and owner financing is available. This is a package deal; individual parcels are not sold separately. The property is classified as Class D and was built in 1966. The total square footage of the existing structures is 2,500 square feet, currently housing five units. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location with significant development potential.

Highlights

  • $4,150,000 asking price for a redevelopment opportunity.
  • Multifamily property consisting of five parcels totaling 28,800 square feet of buildable area.
  • Located at 3631-3635 Kennedy Blvd & 85 Poplar St, Union City, NJ 07087.
  • Property includes three existing homes and rear parking.
  • Prime Transit-Oriented Development (TOD) site near public transportation and major highways.

Property Details for 3631 John F. Kennedy Blvd

Property type
Land
Square Feet
2,500 SF
Class
D
Year Built
1966
Units
5

Location Insight

City
Union City
County
Hudson
State
New Jersey
Latitude
40.7546126
Longitude
-74.0480785
3631 John F. Kennedy Blvd, Union City, New Jersey

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3631 John F. Kennedy Blvd
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