Retail Space With Enclosed
1714 Bergenline Ave, Union City, NJ 07087
For Sale
New
Contact for pricing
A windowed enclosed area and newly remodeled private bathroom add functional separation within the compact layout.
Property Size300 SF
Price / SF$6.67
Days on Market6
Property Features for 1714 Bergenline Ave
General Information
Standard status
Size
Additional Details
Condition
Amenities
Percentage of Tax that is Deductable: 0
Rental, Sale Type: Foreclosure
Smoking Not Allowed
Pets Not Allowed
Listing Agency:
Coldwell Banker Realty
(201) 963-1400
Listed By:
Jill Biggs · License #0568727
(201) 212-5026
Source:
Doyle-realty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 6:36AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This approximately 300 sq. ft. retail space at 1714 Bergenline Ave includes a separate enclosed room with a window and a private bathroom that has been recently remodeled. The premises are vacant and clean.
Bergenline Avenue’s pedestrian activity and surrounding businesses provide the immediate commercial context. The property is in Union City, New Jersey.
Bergenline Avenue’s pedestrian activity and surrounding businesses provide the immediate commercial context. The property is in Union City, New Jersey.
Key Highlights
- Approximately 300 sq. ft. of retail space
- Separate enclosed, windowed area
- Private bathroom recently remodeled
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,282
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,640
$85.6K
Cap Rate 7%
$61,171
$61.2K
Cap Rate 9%
$47,578
$47.6K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$6.5K $21.60/SF
− Vacancy
−$363 −$1.21/SF
EGI
$6.1K $20.39/SF
− OpEx
−$1.8K −$6.12/SF
NOI
$4.3K $14.27/SF
Area
Hudson County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,640
Cap Rate 7%
$61,171
Cap Rate 9%
$47,578
Alternative Uses
Best Use
Retail
$61.2K
$53.5K – $71.4K
NOI $4,282 @ 7.0% cap · market cap 214.10%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$108.6K
$95.1K – $126.7K
NOI $7,604 @ 7.0% cap · market cap 380.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,273
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Dollar General
Shops & Services
16,940 visits/mo
0.5 miles
TD Bank
Shops & Services
6,484 visits/mo
0.5 miles
Wingstop
Dining
1,180 visits/mo
0.5 miles
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
$446,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Union City, NJ
Properties on Market for Retail space in Union City
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A windowed enclosed area and newly remodeled private bathroom add functional separation within the compact layout.
Where is this retail space located?
The property is located at 1714 Bergenline Ave Union City, NJ.
What are key features of this property?
This property features: Approximately 300 sq. ft. of retail space; Separate enclosed, windowed area; Private bathroom recently remodeled
