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1402 Summit Ave

Union City, NJ 07087
  • $1,550,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: 3888842
Under Contract
$1,550,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,530
    SQFT
  • $206
    $/SQFT
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

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

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-18T12:23:44.723.
www.trompeterrealestate.com/homes/148238363
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1402 Summit Ave Union City, NJ 07087

  • Price: $1,550,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • MLS #: 3888842
0
Beds
0
Baths
0
½ Baths
0.07
Acres
7,530
SQFT
$206
$/SQFT
1910
Built
County:
Hudson
Area:
Union City
Property Description
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
Exterior Features

Approximate Lot Size 39X113.90 Construction Brick/Block Exterior Description Brick/Block Location Business DistrictCornerResidential Area Lot Description Irregular Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Off-Street ParkingSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description PartialStorageUnfinished Cooling Window A/C(s) Equipment Available Restrooms - PrivateSmoke Detector Floors LaminateTile Heating 4+ UnitsBaseboard - HotwaterRadiators - Steam Max Ceiling Height 0 Max Door Height 7 Number Of Lavatories 0 Office Sq Ft 0

Property Features

Expenses Include InsuranceSee RemarksTaxesWater/Sewer For Sale Or Lease For Sale Free Rent See Remarks Fuel Type Gas-Natural Gross Operating Income 153729 Net Operating Income 117109 Primary Property Type Store With Apartment Property Type Mixed UseStore With Apartment Sale Includes Building & Land Sewer Public Sewer Suite Number 1400 Tax Amount 26200 Tax Rate Amount 7.385 Tax Rate Year 2022 Tax Year 2021 Total Operating Expense 36620 Utilities All Underground Utilities Paid By Tenant Water Public WaterWater Charge Extra Zoning Mix-use

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Liberty Realty, Llc.: 201-222-2900.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-18T12:23:44.723.
 
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