12 — August 2024 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
Court appointment by US District Court for the District of NJ led by managing director Weilheimer Kislak named sales broker for 2.25-Acre Union City, NJ redevelopment portfolio Palisades.
U
NION CITY, NJ — The Kislak Com- pany, Inc. was re-
Address Block, Lot 300 Mountain Road 184, 1.02 302-304 Mountain Road 184, 1.01 1414 Manhattan Avenue 185, 14 1416 Manhattan Avenue 185, 15 1502-1504 Manhattan Av- enue 185, 17, Add’l. lot 16 1506-1510 Manhattan Av- enue 185, 30, Add’l. lot 31 1512 Manhattan Avenue 185, 32 1514-1516 Manhattan Av- enue 185, 33, Add’l. lot 34 1518 Manhattan Avenue 185, 35 Manhattan Avenue 185, 37 Manhattan Avenue 185, 38 286 Mountain Road 185, 39 290 Mountain Road 185, 40 Weilheimer said, “This is a unique and extraordinary opportunity for a developer to acquire a large tract of de- velopable land with sweeping unobstructed views of Hobo- ken, the Hudson River, and the Manhattan skyline. The ideal location is minutes from Hoboken, New Jersey Transit and PATH service, the New York Waterway ferry service, and the Lincoln Tunnel.” The properties are in the Palisades Preservation Overlay District zoned for Low-Density Residential Underlay develop- ment and other uses. Union City is located in the northern part of Hudson County. With a popu- lation of 69,000 and an area of 1.29 square miles, Union City is consistently ranked among cities with a population of more than 50,000 as the most densely populated in the United States. The location of the properties includes strong demographics with an average household in- come of nearly $140,000 within one mile, and $160,000 within three miles, and there are many new developments nearby. Matt Weilheimer joined Kislak in 1996 and special- izes in the sale of multifamily properties, REO assets and other investment properties in New Jersey, New York, and Pennsylvania. He is also con- sistently one of the firm’s top producers and has a successful history training and mentoring new salespeople Tom Scatuorchio joined Kis- lak in 2016 and specializes in the sale of multifamily and other investment properties in northern New Jersey. In 2017, he earned Kislak’s Rising Star award and in 2021, he was pro- moted to a VP. MAREJ
Kislak’s exclusive assign- ment is per an appointment by the United States Dis- trict Court for the Dis- trict of New Jersey and is being led by managing di- rector Matt Weilheimer , vice president Tom Scatuorchio and CEO Jason Pucci . The portfolio includes the following properties.
cently named the exclusive sales broker for an ap- proximately 2.25-acre redevelop- ment portfo- lio in Union City, Hudson County. The
Matt Weilheimer Tom Scatuorchio
portfolio includes 13 mostly contiguous parcels on Man- hattan Avenue and Mountain Rd. on the cliffs of the Hudson
Union City Portfolio aerial
EXCLUSIVE PROPERTIES FOR SALE
Baltimore, MD 60 Residential Units Barry Waisbrod ext 272
Newark, NJ Approved Site | 40 Units Tom Scatuorchio ext 255
Newton, NJ 101 Residential Units + 12,000 SF Medical Condo Joseph Keenan ext 256
Dunellen, NJ Approved Site | 33 Units Max Levinston ext 308
Linden, NJ 2 Retail Units + Offices Above Jeff Squires ext 246
Maplewood, NJ 2 Retail Units + Single Family House Scott Davidovic ext 290
The Kislak Company, Inc. | kislakrealty.com | 732 750 3000
Made with FlippingBook Online newsletter maker