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1505 Summit Avenue Union City, NJ $ 1,200,000
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$ 1,200,000 Get more info
1505 Summit Avenue
$ 1,200,000
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Share Save

1505 Summit Avenue

Union City, NJ, 07087
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,486

1505 Summit Avenue, Union City, NJ 07087 - Image 1
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1505 Summit Avenue, Union City, NJ 07087 - Image 9
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1505 Summit Avenue, Union City, NJ 07087 - Image 17

Commercial Property for sale in Union City, NJ

for $1,200,000.

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Union City

County/Region

Hudson

MLS | Web ID

25009141
Features
General
Roof Asphalt Flat
Rooms None
County HUDSON
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Union City
Taxes 15306
Year Built Details 1960's Build Prior to 1978
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$7,486
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/18/2025$1,200,000 -4.00% Price Down
3/30/2025$1,250,000 Listed Price

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1505 Summit Avenue, Union City, NJ, 07087 is a Commercial Property for sale at $1,200,000. The property's zip code is 07087 which is in Union City, NJ

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