Mixed-Use Property with
For Sale
$415,000
Pending
1305 Summit Ave, Union City, NJ 07087
Two occupied apartments accompany a vacant storefront suited for a new commercial occupant.
Property SizeContact for details
Days on Market217
Property Features for 1305 Summit Ave
General Information
Standard status
Pending
Property subtype
Residential Income
Building Details
Buildings
1
Listing Agency:
EXP REALTY LLC
(866) 201-6210
Listed By:
ERIC ECKHARDT
(866) 201-6210
Source:
Exprealty
Added: Jan 27
Changed: Aug 30
Last Checked: Aug 31 at 6:38PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines two residential units with a ground-floor storefront. The apartment layout includes a two-bedroom unit positioned above the retail space and a one-bedroom unit located behind it. Both apartments are occupied, while the storefront is vacant and will be delivered vacant at closing. The retail area was previously used by an insurance company.
The property is situated along a primary retail corridor in Union City, with neighborhood shopping nearby. An NJ Transit bus stop on JFK Boulevard is located around the corner, and a supermarket is down the street. The configuration provides an existing residential component alongside space for a future retail or commercial occupant.
The property is situated along a primary retail corridor in Union City, with neighborhood shopping nearby. An NJ Transit bus stop on JFK Boulevard is located around the corner, and a supermarket is down the street. The configuration provides an existing residential component alongside space for a future retail or commercial occupant.
Key Highlights
- Mixed‑use configuration with 2 apartments over retail space
- Occupied 2‑bedroom apartment above the storefront
- Occupied 1‑bedroom apartment positioned behind the retail area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,955
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 - Two occupied apartments accompany a vacant storefront suited for a new commercial occupant.
Where is this mixed-use property located?
The property is located at 1305 Summit Ave Union City, NJ.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Mixed‑use configuration with 2 apartments over retail space; Occupied 2‑bedroom apartment above the storefront; Occupied 1‑bedroom apartment positioned behind the retail area
