300 Manhattan Ave. in Union City — Courtesy: Cervelli Real Estate & Property Management
By Joshua Burd
A development site with views of Hoboken and the Manhattan skyline is on the market for sale in Union City, according to a team with Cervelli Real Estate & Property Management.
In a news release, the firm said the 55,000-square-foot tract at 300 Manhattan Ave. “presents significant potential for residential or mixed-use development, subject to local zoning and approvals.” That’s due in large part to its location atop the New Jersey Palisades and within the coveted Palisades Preservation Overlay District, Cervelli said, while the site is minutes from the region’s vast highway and mass transit network.
“This site represents a rare chance to develop in one of the most scenic and strategically located corridors in North Jersey,” said Chris Cervelli, a principal at Cervelli Real Estate. “With close proximity to major highways, public transit and urban centers, along with stunning east-facing views, this is an exceptional opportunity for developers looking to build a marquee project.”
