Mixed-Use Property With Takeout
For Sale
Contact for pricing
Pending
1101 Summit Ave, Union City, NJ 07087
Residential units are paired with a takeout restaurant and individually metered utilities.
Property SizeContact for details
Days on Market142
Property Features for 1101 Summit Ave
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Additional Details
Floor
Ground
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
LivX
(908) 304-2675
Listed By:
Clay Mason · License #0678808
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LivX
Investment Insights
Based on property information with market context.
This five-unit mixed-use property combines residential accommodation with a takeout restaurant on the ground level. The residential units include two bedrooms and one bathroom each, while separate utilities serve the individual units. A full, unfinished basement provides high ceilings and docking facilities, adding substantial ancillary space within the building.
The property is located in Union City, New Jersey, approximately 5 miles from Manhattan. The building is fully rented, providing an existing occupancy profile for prospective purchasers. Its combination of residential units, an operating restaurant component, basement space, and proximity to Manhattan creates a varied commercial property configuration.
The property is located in Union City, New Jersey, approximately 5 miles from Manhattan. The building is fully rented, providing an existing occupancy profile for prospective purchasers. Its combination of residential units, an operating restaurant component, basement space, and proximity to Manhattan creates a varied commercial property configuration.
Key Highlights
- Five‑unit mixed‑use building with a ground‑floor takeout restaurant
- Residential units feature two bedrooms and one bathroom each
- Separate utilities serve each residential unit
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,960
Businesses Nearby
Explore this area
Business Placement
Demographics for 07087, NJ
68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units are paired with a takeout restaurant and individually metered utilities.
Where is this mixed-use property located?
The property is located at 1101 Summit Ave Union City, NJ.
What are key features of this property?
This property features: Five‑unit mixed‑use building with a ground‑floor takeout restaurant; Residential units feature two bedrooms and one bathroom each; Separate utilities serve each residential unit
