1402 Summit Ave Union City, NJ ^$ 1,550,000

1402 Summit Ave

^$ 1,550,000

Back to search

1402 Summit Ave

Union City, NJ, 07087

^$ 1,550,000

Studio Baths0.0 Sq 7,530

Monthly Estimate*

^$ 10,827

1402 Summit Ave, Union City, NJ 07087 - Image 1

1402 Summit Ave, Union City, NJ 07087 - Image 2

1402 Summit Ave, Union City, NJ 07087 - Image 3

1402 Summit Ave, Union City, NJ 07087 - Image 4

1402 Summit Ave, Union City, NJ 07087 - Image 5

1402 Summit Ave, Union City, NJ 07087 - Image 6

1402 Summit Ave, Union City, NJ 07087 - Image 7

1402 Summit Ave, Union City, NJ 07087 - Image 8

1402 Summit Ave, Union City, NJ 07087 - Image 9

1402 Summit Ave, Union City, NJ 07087 - Image 10

1402 Summit Ave, Union City, NJ 07087 - Image 11

1402 Summit Ave, Union City, NJ 07087 - Image 12

1402 Summit Ave, Union City, NJ 07087 - Image 13

1402 Summit Ave, Union City, NJ 07087 - Image 14

1402 Summit Ave, Union City, NJ 07087 - Image 15

1402 Summit Ave, Union City, NJ 07087 - Image 16

1402 Summit Ave, Union City, NJ 07087 - Image 17

1402 Summit Ave, Union City, NJ 07087 - Image 18

1402 Summit Ave, Union City, NJ 07087 - Image 19

1402 Summit Ave, Union City, NJ 07087 - Image 20

1402 Summit Ave, Union City, NJ 07087 - Image 21

1402 Summit Ave, Union City, NJ 07087 - Image 22

1402 Summit Ave, Union City, NJ 07087 - Image 23

1402 Summit Ave, Union City, NJ 07087 - Image 24

1402 Summit Ave, Union City, NJ 07087 - Image 25

1402 Summit Ave, Union City, NJ 07087 - Image 26

1402 Summit Ave, Union City, NJ 07087 - Image 27

1402 Summit Ave, Union City, NJ 07087 - Image 28

1402 Summit Ave, Union City, NJ 07087 - Image 29

1402 Summit Ave, Union City, NJ 07087 - Image 30

1402 Summit Ave, Union City, NJ 07087 - Image 31

1402 Summit Ave, Union City, NJ 07087 - Image 32

1402 Summit Ave, Union City, NJ 07087 - Image 33

Studio

Commercial Property for sale in Union City, NJ

for $1,550,000. This 7,530 square foot building was built in 1910 on a lot size of 0.07.

Prime Corner Residential & Commercial Income Producer with Maximum Exposure! These two buildings, side-by-side, with a combined 4,500 sq ft., Features Five 2-bedrooms and One 3-bedroom apartments, an established beauty salon, a recently renovated pharmacy, Five garages, Separate furnaces and hot water heaters for all eight units, Individual water, gas, and electric meters, Two full-size basements with an office and plenty of storage space. In addition, the Private backyard behind the five garages opens doors to endless possibilities (check local zoning regulations) Less than 10 minutes away from the NJ-NYC Lincoln Tunnel

Commercial Pending

Price

^$ 1,550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 26,200

Style

Store With Apartment

Lot Size

0.07

Year Built

1910

Town/City

Union City

County/Region

Hudson

MLS | Web ID

3888842

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 4+ Units Baseboard - Hotwater Radiators - Steam

Cooling Window A/C(s)

Utilities All Underground

Possession 30 days

Roof Asphalt Shingle

Zoning Mix-use

Garage Spaces 5

Year Built 1910

Township Union City

Property Type Mixed Use Store With Apartment Store With Apartment

Tax Year 2021

Percent Ownership Fee Simple

Location Business District Corner Residential Area

Gross Income 153729

County Hudson

Net Operating Income 117109

Operating Expense 36620

Status Under Contract

Directions Between 15th & 4th Streets

Total Units 8

Street Name Summit Ave

Tax Annual Amount 26200

Drive Off-Street Parking See Remarks

Leasable Area 0

Days on Market 23

Standard Status Under Contract

Tax Assessed Value 212000

Town # 1810

Tax Lot 22

Farm Assessment No

Interior

Basement Partial Storage Unfinished

Flooring Laminate Tile

Fuel Type Gas-Natural

Total Stories 3

Half Baths 0

Exterior

Lot Features Irregular Lot

Water Source Public Water Water Charge Extra

Exterior Description Brick/Block

Building Area Total 7530

Lot Dimensions 39X113.90

Lot Size Acres 0.07

* Excluded Features

List By

JULIO PEREZ

Listing Agent

Liberty Realty, Llc.

Broker

Affordability Calculator

$13,011

Per Month

Monthly Principal & Interest: $10,827
Monthly Property Taxes: $2,183
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Union City, NJ

Average List Price ^$1,055,626

Percent of Sale Price 32%

About Union City, NJ

68,482 Population

3% Since 2002

^$45,122 Median Income

36.95 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2024	$1,550,000		Listed Price

Map

More homes like this one

homes for you

See all

1402 Summit Ave, Union City, NJ, 07087 is a Commercial Property for sale at $1,550,000 with 7,530 sqft and a lot size of 0.07. 1402 Summit Ave is a studio with 0.0 baths and was built in 1910. The property's zip code is 07087 which is in Union City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1402 Summit Ave

Commercial Property for sale in Union City, NJ

Affordability Calculator

Map

More homes like this one

Get more info about this home