Union City, NJ 07087,1614 Summit AVE
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Union City, NJ 07087,1614 Summit AVE
Union City, NJ 07087,1614 Summit AVE
Union City, NJ 07087,1614 Summit AVE
Union City, NJ 07087,1614 Summit AVE
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Listed by Mayra Cabrera Pardo • Keller Williams City Views Realty • (201) 694-5711
$ 525,000
Est. payment /mo
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Price Dropped by $25K

1614 Summit AVE Union City, NJ 07087


UPDATED:

10/06/2024 07:18 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24027670

Style Retail

Annual Tax Amount $3,513

Property Description

Two Commercial Condos for sale located on a busy and high traffic shopping area with bus & shuttle service along the avenue. Very close to Lincoln Tunnel, Hoboken and all major highways including Route 3 and NJ Turnpike. Unit A is leased for $2100 to an E-bicycle store which will be opening soon. Unit B is leased for $1800 to a Thrift store. Both have annual 5% increase and about 2 years left on current lease. Monthly HOA is $650. Heat, Water and Snow Removal is included in HOA. Excellent investment opportunity!

Location

State NJ

County Hudson

Area Union City

Building/Complex Name None

Interior

Heating Gas, Wall A/C

Exterior

Utilities Available Sep Elec

Waterfront Description None

Others

Ownership Private


New Jersey MLS (NJMLS)

Rain Rosenfeld

Broker Associate | Team Leader

+1(201) 375-8300

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1614 Summit AVE