A system and method to perform multi-target detection in a code division multiple access (CDMA) radar system involve transmitting, from each transmitter among T transmitters, a transmitted signal with a different code, and receiving, at each receiver among one or more receivers, a received signal that includes reflections resulting from each of the transmitted signals with the different codes. The method includes processing the received signal at each of the one or more receivers by implementing T processing chains. Each of the T processing chains is iterative. The method also includes detecting an object at each completed iteration at each of the T processing chains, and subtracting a subtraction signal representing a contribution of the object to the received signal prior to subsequent iterations.