Mixed-Use Property with
For Sale
Contact for pricing
Pending
813 Summit Ave, Union City, NJ 07087
Three apartments accompany a commercial storefront with central air, separate utilities, and a full basement.
Property SizeContact for details
Days on Market143
Property Features for 813 Summit Ave
General Information
Standard status
Pending
Property subtype
Land
Net Operating Income
$64,470
Additional Details
Cap Rate
6.72%
Amenities
central air
full basement
Building Details
Tenancy
Multi
Listing Agency:
Prominent Properties Sotheby's International Realty Hoboken
(201) 396-8447
Listed By:
Tarek Hassieb · License #NJ 1648869
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:57PM
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 Prominent Properties Sotheby's International Realty Hoboken
Investment Insights
Based on property information with market context.
Located at 813 Summit Ave in Union City, NJ, this mixed-use property combines a 6000-square-foot commercial storefront with three residential apartments. Each apartment includes three bedrooms, while the commercial space has central air. A full basement adds substantial supporting space within the building. Separate utilities serve the property’s components, and the stated operating arrangement places water, sewer, and insurance with the owner or landlord. The property is identified as a three-unit building and reports a 6.72% cap rate. Its combination of storefront space and residential apartments creates a multi-component real estate asset at a Summit Ave location.
Key Highlights
- 6000 Sq Ft commercial storefront
- Three residential apartments, each with three bedrooms
- 6.72% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,494
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments accompany a commercial storefront with central air, separate utilities, and a full basement.
Where is this mixed-use property located?
The property is located at 813 Summit Ave Union City, NJ.
What are key features of this property?
This property features: 6000 Sq Ft commercial storefront; Three residential apartments, each with three bedrooms; 6.72% cap rate
