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8-Unit Mixed-Use Building
New
For Sale
$1,249,900

1716 BERGENLINE AVE, Union City, NJ 07087

The property pairs residential apartments with two commercial storefronts.

Property SizeContact for details
Days on Market3

Property Features for 1716 BERGENLINE AVE

General Information

Standard status Active
Property subtype Commercial

Financials

Cap Rate 9.2%
Gross Income $160,164

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $19,733

Building Details

Buildings 1
Tenancy Multi
Listing Agency: ACCESS HOMES REALTY
Listed By: GUSTAVO SANTACRUZ · License #0566928
Source: Corcoran
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 2:10PM

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 ACCESS HOMES REALTY

Investment Insights

Based on property information with market context.

At 1716 Bergenline Ave in Union City, this mixed-use property contains eight units: six residential apartments and two commercial storefronts. The stated cap rate is 9.20%.

The property is near NYC transportation, shops, restaurants, banks, parks, and schools.

Key Highlights

  • Eight total units: six residential and two commercial storefronts
  • 9.20% cap rate
  • Near NYC transportation, shops, restaurants, banks, parks, and schools

Property Analytics

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Current Use

botanica ile ifa ... Church M Tax Experts ... Accounting Firm

Suggested Use

Top Pick Law Firm Tattoo & Piercing Shop Nursing Home (Bike/Boat/Book/etc) Store Catering Service 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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,273
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The property pairs residential apartments with two commercial storefronts.
Where is this mixed-use property located?
The property is located at 1716 BERGENLINE AVE Union City, NJ.
What is the asking price?
The asking price for this property is $1,249,900.
What are key features of this property?
This property features: Eight total units: six residential and two commercial storefronts; 9.20% cap rate; Near NYC transportation, shops, restaurants, banks, parks, and schools
More about this property
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