Commercial space For Sale in Union City, NJ
MLS# : 240013521
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to the one of the FEW FULLY Renovated properties on Bergenline Avenue. This gorgeous piece of Real Estate underwent a full gut renovation in 2010. Commercial unit on the ground level and nestled behind the business are 3 bedrooms, 3 bathrooms, and a fully finished basement. On the second floor are two luxury apartments equipped with central heating/AC. A massive 3Bedroom/2Bathroom with hardwood floors, stainless steel appliances, Jacuzzi, stand up shower with multiple jets, oversized closets, and massive bedrooms that draw in large amounts of Sunlight. Studio Unit faces east with 5 Large windows that light up the entire apartment from morning till evening. Property has a 7% CAP Rate and is an opportunity you do not want to miss
Amenities
This listing is a courtesy of REAL
855-450-0442 office, listing agent FRANKLIN MENDEZ
About Union City, NJ Real Estate Market
The Union City is situated atop the ridge of the lower Hudson Palisades. Due to a high elevation, the city offers clear views of surrounding municipalities like New Jersey Meadowlands and New York City Skyline. It shares its borders with other parts of Hudson County, such as Jersey City, Hoboken, Weehawken, North Bergen and West New York.
The formation of Union City as a city happened in 1925 by an act of the New Jersey Legislature. Union City was established by merging Union Hill and West Hoboken Township. The city’s name got derived from the names of these two municipalities. In its early stages, Union City was inhabited by German and Spanish speaking people.
Union City is divided into two parts by New Jersey Route 495, which resulted in the renaming of many street names in the city. Most of the homes for sale in this part of Hudson County are located on streets like 32nd Street, Hackensack Plank Road and Bergen Turnpike, which form Union City’s urban grid.
| Population: | 65,551 |
| Total Housing Units: | 22,411 |
| Single Family Homes: | 5,756 |
| Apartments: | 16,655 |
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
| Compare To Other Towns |
Union City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $563,786 |
| Homes Sold* (12mo): | 13 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $415,093 |
| Apatments Sold* (12mo): | 133 |
APARTMENT SALES
Union City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $489,000 - 998,000 | 6 avail |
| Condos : | $85,000 - 1,399,999 | 53 avail |
| Co-ops : | $248,000 - 589,900 | 15 avail |
| Twnhs : | $489,000 - 489,000 | 1 avail |
| 2-4 Fam : | $550,000 - 1,899,000 | 22 avail |
| 5+ Fam : | $849,000 - 1,999,000 | 8 avail |
| Land : | $400,000 - 999,000 | 3 avail |
| Rentals : | $2,100 - 5,000 | 14 avail |
| Mixd Use : | $825,000 - 2,650,000 | 15 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $81,900 - 250,000 | 3 avail |
