913 Summit Avenue, Union City, NJ 07087
Local realty services provided by:CENTURY 21 The Crossing
913 Summit Avenue,Union City, NJ 07087
$1,295,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: niren sakaria
Office: weichert realtors, hoboken201-653-8488
MLS#:26032778
Source:NJ_MLS
Price summary
- Price:$1,295,000
About this home
Exceptional value-add mixed-use investment opportunity in the heart of Union City! Ideal for a 1031 exchange or owner-occupant, this income-producing property features 4 one-bedroom residential apartments, 2 street-level commercial storefronts (approximately 700 SF each with basement storage), plus a separate rear auxiliary structure with city-approved approvals already in place for an additional residential unit. The residential apartments are primarily occupied by long-term month-to-month tenants, creating immediate upside through future rent increases. The commercial spaces are occupied by established long-term tenants (CBD store & salon) on annual leases that have consistently renewed, providing stable income while allowing for future rental adjustments. The approved rear auxiliary structure has already been gutted and is ready to be completed into a spacious 2-bedroom residence, with potential for a 3-bedroom layout perfect for an owner to occupy while collecting income from the remaining units, or as an additional rental generating an estimated $2,400-$2,700/month. Once completed, projected NOI is approximately $104,500/year with strong upside as rents are brought to market. Recent capital improvements include upgraded electric and gas meters. Separate gas and electric utilities, public water, public sewer, and natural gas with tenants paying their own utilities keep operating expenses low, making this an outstanding investment just minutes from New York City....
Contact an agent
Home facts
- Listing ID #:26032778
- Added:10 day(s) ago
- Updated:September 11, 2026 at 03:49 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:12
Finances and disclosures
- Price:$1,295,000
- Tax amount:$14,140
New listings near 913 Summit Avenue
- New
$945,000Active-- beds -- baths4507 Bergenline Avenue, Union City, NJ 07087
MLS# 26034352Listed by: THE AGENCY RUTHERFORD CITY WEST - New
$599,000Active3 beds 2 baths317 11th Street 2, Union City, NJ 07087
MLS# 26034404Listed by: REAL - Open Sun, 1 to 3pmNew
$599,000Active2 beds 2 baths4801 Palisade Avenue 4B, Union City, NJ 07087
MLS# 26034414Listed by: COLDWELL BANKER, HOBOKEN - New
$569,000Active2 beds 2 baths964 sq. ft.1901 SUMMIT AVE #205, Union City, NJ 07087
MLS# 260017994Listed by: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - New
$325,000Active1 beds 1 baths700 sq. ft.380 MOUNTAIN RD #911, Union City, NJ 07087
MLS# 260018146Listed by: COMPASS NEW JERSEY, LLC - Open Sat, 12 to 2pmNew
$1,499,000Active4 beds 3 baths2,778 sq. ft.312 11TH ST #2, Union City, NJ 07087
MLS# 260018124Listed by: NEW AND MODERN GROUP LLC - Open Sun, 11am to 1pmNew
$799,000Active4 beds 2 baths1304 CENTRAL AVE, Union City, NJ 07087
MLS# 260018101Listed by: COMPASS NEW JERSEY, LLC - New
$849,000Active-- beds 3 baths414 MONASTERY PL, Union City, NJ 07087
MLS# 260018087Listed by: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - Open Sun, 2 to 4pmNew
$945,000Active3 beds 2 baths1,700 sq. ft.905 PALISADE AVE #1, Union City, NJ 07087
MLS# 260018064Listed by: KELLER WILLIAMS PARK VIEWS - New
$469,000Active2 beds 2 baths723 sq. ft.315 7TH ST #601, Union City, NJ 07087
MLS# 260018036Listed by: KELLER WILLIAMS TEAM REALTY