$1,400,000

Est. payment -/mo

$1,590,000

11.9%

Est.Price: ?

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1400-1402 SUMMIT AVE Union City, NJ 07087

8 Baths

SOLD DATE : 04/01/2025

Key Details

Sold Price $1,400,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240003998

Sold Date 04/01/25

Full Baths 8

Annual Tax Amount $26,300

Lot Dimensions 39.50x114

Property Sub-Type Investment

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