Restaurant-Anchored Mixed-Use
For Lease
$1,475,000 NNN
1908 Bergenline Avenue 5, Union City, NJ 07087
Long-term restaurant tenancy accompanies four residential apartments and basement space in a multi-use asset.
Space SizeContact for details
Days on Market27
Property Features for 1908 Bergenline Avenue 5
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$19,823
Listing Agency:
Mr. Sold Realty Group, LLC
Listed By:
Jose Estrada
(201) 838-6377
Source:
Serhant
Added: Aug 30
Changed: Sep 17
Last Checked: Sep 24 at 4:43PM
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 Mr. Sold Realty Group, LLC
Investment Insights
Based on property information with market context.
Located at 1908 Bergenline Avenue in Union City, New Jersey, this mixed-use property combines a restaurant operation with four well-maintained two-bedroom apartments and basement space. The residential units are described as being in good condition and are subject to rent control, with annual increases of 3% or the maximum permitted by the municipality, as applicable.
The restaurant is leased on a triple-net basis, with the tenant responsible for water, repairs, and 33% of the property taxes. The lease has 19 years remaining on its 20-year term and includes a 3% annual rent increase. The restaurant operator has been active for more than 10 years across multiple locations, providing an established operating history.
The restaurant is leased on a triple-net basis, with the tenant responsible for water, repairs, and 33% of the property taxes. The lease has 19 years remaining on its 20-year term and includes a 3% annual rent increase. The restaurant operator has been active for more than 10 years across multiple locations, providing an established operating history.
Key Highlights
- 19 years remaining on a 20‑year restaurant lease
- Triple‑net lease: tenant covers water, repairs, and 33% of property taxes
- Four well‑maintained 2‑bedroom apartments
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,353
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Long-term restaurant tenancy accompanies four residential apartments and basement space in a multi-use asset.
Where is this mixed-use property located?
The property is located at 1908 Bergenline Avenue 5 Union City, NJ.
What is the lease rate?
The lease rate is $1,475,000.
What are key features of this property?
This property features: 19 years remaining on a 20‑year restaurant lease; Triple‑net lease: tenant covers water, repairs, and 33% of property taxes; Four well‑maintained 2‑bedroom apartments
