Union City, NJ 07087 · Investment · For Sale · MLS 260011052
914-916 Summit Ave
$1,249,900
Investment
Use
7
Units
0
Parking spaces
46
Days Listed
About this property
An exceptional, high-yielding portfolio piece occupying a prominent, high-visibility corner in one of Union City’s most vibrant, heavily trafficked districts. 914-916 Summit Avenue (AKA 729 10th Street) is a commanding 3-story brick building offering a highly diversified, multi-stream cash flow structure that perfectly balances market stability with aggressive net yields. The upper levels feature four spacious, high-demand 2-bedroom residential apartments, consistently capitalizing on Hudson County’s historically low vacancy rates. The ground floor boasts three prime commercial retail spaces enjoying premier street frontage and maximum daily foot traffic. To anchor the asset, the property features two rooftop cell phone towers generating an additional, completely passive $1,800/month ($21,600 annually) in corporate-backed net income with zero operational overhead. Meticulously maintained and strategically located just minutes from major NYC transit lines, public schools, and the Lincoln Tunnel network, this asset represents a rare opportunity to capture retail momentum, stable residential returns, and guaranteed corporate cash flow all under one roof. Schedule your private investment review today.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260011052
Space
Units7
Stories3
ConstructionBrick
Building systems
SprinklersNone
Site & exposure
Parking spaces0
Investment
Annual taxes$15,256
Est. gross income$110,738
Mixed useYes
Rent controlYes
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 914-916 Summit Ave?
The asking price is $1,249,900.
What is 914-916 Summit 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 914-916 Summit 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.
