1906 Bergenline Ave, Union City, NJ 07087
Mixed-use property featuring commercial space and residential units.
- Added:
- May 14, 2025
- Days on Market:
- 405
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 1906 Bergenline Ave
General Information
- Standard status
- Active
- Size
- 2,500 SF
Building Details
- Year Built
- 1936
Listing agent JULIO PEREZ
Listing office LIBERTY REALTY, LLC.
Listing date May 14, 2025
Source Corcoran
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 LIBERTY REALTY, LLC.
HighLights
- Three renovated, tenant‑occupied units generating $4700 monthly rent.
- Includes a commercial space (barbershop).
- Two apartments feature balconies with NYC views.
- Two vacant studio apartments offer additional income potential.
- Full, unfinished basement provides ample storage or renovation possibilities.
- Spacious backyard.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.0k | $30.00 |
| − Vacancy | −$9.0k | −$3.60 |
| EGI | $66.0k | $26.40 |
| − OpEx | −$24.8k | −$9.90 |
| NOI | $41.3k | $16.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0344
- Latitude
- 40.7644
