507 32nd St, Union City, NJ, 07087
About This Home
507 32nd Street presents a rare mixed-use opportunity in the heart of Union City’s thriving Bergenline corridor. The property features approximately 2,400 sq ft of retail space with 11-foot ceilings, offering excellent visibility and flexibility for a wide range of businesses. Above the retail level are two additional stories of open space ready for build-out, with the potential to create up to four residential units, making it an ideal value-add investment. Situated on a 25 x 98 lot with 100% lot coverage, this three-story building benefits from exceptional foot traffic and prime exposure in one of Union City’s most active commercial districts. Whether for an investor seeking strong mixed-use potential or an owner-user looking to establish or expand their business, this property offers scale, location, and upside in a highly desirable setting.
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Heating
- Heating features: See Remarks
Property
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,090 | $97,080 |
| Home Insurance * | $616 | $7,392 |
| Property Taxes | $2,080 | $24,960 |
| Electricity | $193 | $2,318 |
| Total | $10,979 | $131,748 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $1,600,000 |
| 2026-04-10 | Listing removed | $1,600,000 |
| 2026-03-10 | Listed for sale | $1,600,000 |
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