Active

900-902 Summit ave

Union City NJ, 07087

$2,200,000


$110.00 per sqft

Active

20,000 sqft

Commercial

Built in 1900

Commercial Mixed-Use. Prime Investment Opportunity in Union City, NJ, featuring 10 res units and 1 com space (approx. 4,200 SF) that can be used as 1 large store or 2 separate stores. Located in a highly desirable area w/ heavy foot traffic, the commercial space is fully equipped with 2 separate HVAC units (5 tons each), 2 electric panels, and 2 ADA bathrooms. The store also features new plumbing, electric, and HVAC, ensuring a modern and efficient setup. Currently under construction, it offers a unique opportunity for customization. The property includes a high-ceiling basement, providing additional storage or functional space. The res units have a new boiler, and common areas were renovated in 2025. 2025 total assessed value: $2,262,000. Opportunity to install telecom towers for additional income and prior discussions with an architect for adding 4-6 extra residential units make this an exceptional investment opportunity. Buyer to do their own due diligence.

3949101

MLS ID

March 5, 2025

Listed

March 5, 2025

Updated

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas


Basement

Yes

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Taxes

$41,508


Tax Frequency

Annually


Garage

No


Parking

On Street


View

No


County

Hudson


Water Source

Public


Utilities

Underground Utilities


Zoning

C

Courtesy of CENTURY 21 THE CROSSING with KAWTER CATANIA,
Listing Contact: 9732277000 

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