Mix-use investment property in the heart of Union City, 4 apartments 2 retail stores on busy Bergenline Ave near everything. All units are occupied and some of them have recent renovations. Tenants pay for their own electric, one Great opportunity.
Prime Location 2-Family Home with Renovation Potential - This spacious 2-family home, located in a highly sought-after area close to NYC, offers a fantastic opportunity for renovation. Each apartment features 2 bedrooms, providing comfortable living spaces for tenants or owners. The home boasts separate utilities for each unit, adding convenience and flexibility. Additionally, being a detached home, it offers privacy and a sense of space. With some updating and modernization, this property has the potential to become a lucrative investment or a charming residence. Don't miss out on this chance to own a piece of real estate in this great neighborhood!
Introducing an exceptional opportunity to establish or expand your business in the thriving city of Union City, New Jersey. We are delighted to present a professional commercial property for sale, located at 4310 Palisade Ave C1, Union City, NJ 07087. This impressive space offers a strategic location, spacious interior, and a versatile layout, making it an ideal choice for a wide range of businesses. Situated on Palisade Avenue, one of Union City's most prominent and highly trafficked thoroughfares, this property benefits from excellent visibility and exposure. It is conveniently accessible from major transportation routes and enjoys a bustling neighborhood with a diverse mix of residential, commercial, and retail establishments.430 Sq. Ft. street level, 1,050 Sq. Ft. basement level for additional storage. Half bath
This is a portfolio sale,
LEGAL 5 UNITS INVESTMENT PROPERTY PRICED TO SELL IN UNION CITY. 1st Floor: Two side-by-side units with 2 bedrooms and 1 bathroom each (1L & 1R). 2nd Floor: Two side-by-side units with 2 bedrooms and 1 bathroom each (2L & 2R). Fully renovated GORUND FLOOR: 1 bedroom, 1 bathroom, kitchen, living room, dining room, and lots of closets (Unit B). 9 bedrooms in total. 5 bathrooms in total. Close proximity to Bargeline Ave. Easy commute to NYC. Priced to sell. Sold in "as-is" conditions.
Exceptional investment opportunity in the heart of Union City on Bergenline Ave - high-traffic area with very high walk score (95). 2 retail stores on ground floor + 8 residential apartment units upstairs: Approx. 10,200 SF GBA. 12.5' ceiling height and basements for extra storage in retail spaces; Longtime established dry cleaner with steady strong customer base; and Fully occupied 8 apartments. Available Immediately. Nearby retailers: Dunkin Donuts, Valley bank, Post Office, restaurants, dry-cleaner, laundromats, pharmacy. Easy access to all major highways. Ample street parking in the vicinity. See brochure for more info.
OPPORTUNITY To purchase a 6 family with garage in the heart of Union City. Rent roll WAY BELOW MARKET VALUE generating 80k gross and around $63,000 net income yearly. Ton of back end potential to purchase in a growing area with values and rent rolls raising year over year. Located close to all major transportation and shopping and walking distance to anything needed. This is one you don't want to miss as a fantastic portfolio acquisition.
Ideally located, this multiple income stream mixed-use is ideal for owner-occupied or investors. With two 2-bedroom apartments, the revenue continues with a men's barber shop and a full-service salon/studio. Well-maintained! Experience true pride of ownership along with an attached one-car garage. Separate utilities except for water. Flat roof is 3 years young!
The median home value in Union City, NJ is $375,000. This is lower than the county median home value of $549,000. The national median home value is $338,100. The average price of homes sold in Union City, NJ is $375,000. Approximately 17.62% of Union City homes are owned, compared to 75.08% rented, while 7.3% are vacant. Union City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Union City real estate agent to arrange a tour today!
Union City, New Jersey has a population of 67,903. Union City is less family-centric than the surrounding county with 28.98% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Union City, New Jersey is $53,177. The median household income for the surrounding county is $79,795 compared to the national median of $69,021. The median age of people living in Union City is 36.7 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 47.9 inches per year, with 25.6 inches of snow per year.