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Five-Unit Apartment Building With Storefront
For Sale
$929,000

1410 SUMMIT AVE, Union City, NJ 07087

Residential units are paired with an on-site storefront in downtown Union City.

Property SizeContact for details
Days on Market8

Property Features for 1410 SUMMIT AVE

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 2 x 1BR, 3 x 2BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $14,080

Building Details

Buildings 1
Listing Agency: THE AGENCY ONE ROCK
Listed By: JESUS MENDEZ
Source: Corcoran
Added: Aug 15 Changed: Aug 21 Last Checked: Aug 21 at 7:43AM

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 THE AGENCY ONE ROCK

Investment Insights

Based on property information with market context.

This five-family apartment building includes two 1-bedroom apartments, three 2-bedroom apartments, and a storefront, creating a combined residential and commercial property. The building has been owned and operated by the same family for more than 50 years and is described as income-producing.

Located at 1410 Summit Ave in downtown Union City, the property is near schools, public transportation, recreational areas, and houses of worship. Its storefront component places commercial space alongside the apartment units within the Summit Avenue commercial area.

Key Highlights

  • Five‑family building with two 1‑bedroom apartments and three 2‑bedroom apartments
  • Includes a storefront in the Summit Avenue commercial area
  • Owned and operated by the same family for more than 50 years

Property Analytics

Current Use

G W New ... Hair Salon Chichi's Hair Hair Salon Jesiuay Beauty Salon Hair Salon

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Tattoo & Piercing Shop Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,955
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential units are paired with an on-site storefront in downtown Union City.
Where is this apartment building located?
The property is located at 1410 SUMMIT AVE Union City, NJ.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Five‑family building with two 1‑bedroom apartments and three 2‑bedroom apartments; Includes a storefront in the Summit Avenue commercial area; Owned and operated by the same family for more than 50 years
More about this property
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