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    1012 New York Ave Union City, NJ 07087

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    For Sale
    $1,400,000

    Mixed-use property featuring residential and commercial spaces.

    Property size:
    4,800 SF
    Lot size:
    0.06 Acres

    Property Features for 1012 New York Ave

    General Information

    Size
    4,800 SF
    Lot size
    0.06 Acres

    Source: RE/MAX Select Agent Patrick Varelas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Streams

    This mixed-use property is suitable for owner-occupiers or investors, offering multiple income streams. The property includes two 2-bedroom apartments and one 1-bedroom apartment. Commercial spaces consist of a men's barber shop and a full-service salon. The property is well-maintained and shows pride of ownership. It also features an attached one-car garage. The building has separate utilities, excluding water. The flat roof is three years old. The property size is 4,800 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Endless Beauty by ... Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0364711
    Latitude
    40.7583413

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring residential and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 1012 New York Ave Union City, NJ.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Multiple income streams from apartments and commercial spaces (barber shop and salon); - Owner-occupied or investment opportunity; - Three apartments: **two 2-bedroom and one 1-bedroom**
    (201) 400-5344
    Request Owner's contact information
    1012 New York Ave Union City, NJ 07087
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    Union City, NJ 07087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1012 New York Ave Union City, NJ 07087
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