Mixed-Use Property with
For Sale
$1,698,000
Pending
814 Summit Avenue, Union City, NJ 07087
Eight residential units accompany an occupied commercial storefront with high ceilings and basement space.
Property Size13,150 SF
Days on Market172
Property Features for 814 Summit Avenue
General Information
Standard status
Pending
Size
13,150 SF
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Multifamily Units
8
Amenities
10
8
2
Building Details
Year Built
1940
Buildings
1
Tenancy
Multi
Listing Agency:
Compass
(908) 433-7999
Listed By:
Andrew Botticelli · License #0121065
(908) 433-7999
Source:
Compass
Added: Mar 13
Changed: Aug 30
Last Checked: Aug 30 at 4:02PM
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 Compass
Investment Insights
Based on property information with market context.
This mixed-use property at 814 Summit Avenue combines eight residential units with a commercial retail component. The retail area features high ceilings and a full basement that can provide additional storage or functional space. The commercial portion is configured for potential future use as two stores.
The building is 100% occupied, with tenants separately paying electric, heat, hot water, and cooking gas. Constructed in 1940, the property is located in Union City, New Jersey, in an area described as having heavy foot traffic.
The building is 100% occupied, with tenants separately paying electric, heat, hot water, and cooking gas. Constructed in 1940, the property is located in Union City, New Jersey, in an area described as having heavy foot traffic.
Key Highlights
- Eight residential units plus a commercial retail component
- Building is 100% occupied
- Retail area has high ceilings and a full basement
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,960
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 - Eight residential units accompany an occupied commercial storefront with high ceilings and basement space.
Where is this mixed-use property located?
The property is located at 814 Summit Avenue Union City, NJ.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Eight residential units plus a commercial retail component; Building is 100% occupied; Retail area has high ceilings and a full basement
