1505 Summit Ave Union City, NJ $ 1,150,000
1505 Summit Ave
$ 1,150,000
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1505 Summit Ave

Union City, NJ, 07087
$ 1,150,000
Bedrooms9 Baths5.1

Monthly Estimate*

$ 7,081

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Multi-Family Home for sale in Union City, NJ

for $1,150,000 with 9 bedrooms and 5 full baths, 1 half bath.

TROPHY MIXED-USE ASSET | HIGH-EXPOSURE CORNER ON SUMMIT AVE | UNION CITY, NJ Position yourself in one of Hudson County’s most active and supply-constrained corridors with this prime mixed-use commercial building for sale at 1505 Summit Ave, Union City, NJ. Opportunities like this rarely hit the open market—especially along Summit Avenue, the backbone of Union City’s retail and pedestrian activity. This high-visibility, income-producing asset offers the ideal blend of stable cash flow + value-add upside, making it a perfect fit for savvy investors, 1031 exchange buyers, and strategic owner-users looking to secure a foothold just minutes from New York City. Why this deal stands out: Irreplaceable Location: Positioned on a major retail corridor with heavy foot traffic, strong demographics, and continuous local commerce Mixed-Use Income Stream: Retail storefront plus residential/office components—multiple revenue channels and tenant flexibility Value-Add Potential: Opportunity to increase rents, reposition, or optimize tenancy in a high-demand market NYC Proximity Premium: Direct access to Manhattan via nearby transportation—consistent tenant demand and appreciation upside Investor-Friendly Market: Union City continues to outperform with strong rental demand, low vacancy trends, and ongoing redevelopment Whether you’re looking to park capital in a high-demand rental market, execute a value-add strategy, or secure a long-term hold in a prime location, this asset checks every box. Deal dynamics favor decisive buyers. Properties on Summit Ave with this level of exposure and flexibility trade quickly and often attract multiple offers—especially from North Jersey and NYC-based investors seeking yield and appreciation. Call for details, rent roll, and financials. Showings are limited. This is a must-act opportunity—delay means missing it.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

9

Full Bath

5

Half Bath

1

Property Type

Multi-Family

Taxes

$ 12,520

Style

Town/City

Union City

County/Region

Hudson

MLS | Web ID

260005724

Features
General
Status Active ACTIVE
Stories Count 3
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Block 80
Subdivision NJ
Sale/Rent For Sale
Status Detail 0
Area Union City
Primary City Union City
City Union City
Taxes 12520
DOM 0
Postal Code 07087
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Interior
Total Number of Units 6
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Exterior
Lot 6
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* Excluded Features
List By
Prominent Properties Sotheby's International Realty

Broker

(201) 585-8080

Phone

Affordability Calculator

$8,124
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$1,043
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,150,000 Listed Price

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1505 Summit Ave, Union City, NJ, 07087 is a Multi-Family Home for sale at $1,150,000. 1505 Summit Ave has 9 bedrooms and 5.1 baths. The property's zip code is 07087 which is in Union City, NJ