Union City, NJ 07087 · Investment · For Sale · MLS 260018154
4507 Bergenline Ave
$945,000
Investment
Use
2
Units
0
Parking spaces
0
Days Listed
About this property
A fantastic opportunity to own a mixed-use property in a prime location along Bergenline Avenue in the heart of Union City. The first floor features a well-established, bustling salon with a convenient half bathroom, providing an attractive commercial space in a highly trafficked area. The property also includes a full basement with bilco door access from both the front and rear, offering valuable additional storage and utility space. The second floor features a spacious two-bedroom residential apartment with a comfortable living room, eat-in kitchen, two generously sized bedrooms, and a full bathroom. With both commercial and residential income, this property presents an excellent investment opportunity with a reported annual net operating income of $62,564 and an attractive 6.62% cap rate.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260018154
Space
Units2
Stories2
Site & exposure
Parking spaces0
Investment
Annual taxes$9,650
Est. operating expense$62,564
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Union City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 4507 Bergenline Ave?
The asking price is $945,000.
What is 4507 Bergenline Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Union City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 4507 Bergenline Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
