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Mixed-Use Property with Storefronts
New
For Sale
$1,499,999

913 Summit Ave, Union City, NJ 07087

Four apartments and leased commercial space support a combination of residential and business uses.

Property SizeContact for details
Days on Market2

Property Features for 913 Summit Ave

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $14,140

Building Details

Year Built 1910
Buildings 2
Units 4
Tenancy Multi
Listing Agency: Weichert Realtors
Listed By: NIREN SAKARIA
Source: Elliman
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 8:26AM

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 Weichert Realtors

Investment Insights

Based on property information with market context.

Built in 1910, this mixed-use property at 913 Summit Ave includes four one-bedroom apartments and two street-level commercial storefronts measuring approximately 700 SF each. Both storefronts include basement storage and are occupied by established tenants—a CBD store and salon—under annual leases. The apartments are primarily occupied by month-to-month residents. A separate rear auxiliary structure has been gutted and carries city-approved approvals for an additional residential unit, with a proposed two-bedroom layout and potential for three bedrooms.

The property has upgraded electric and gas meters, separate gas and electric utilities, public water, public sewer, and natural gas service. Tenants pay their own utilities. Union City access to New York City is described as being minutes away, with a 97 walk score, 75 bike score, and 70 transit score.

Key Highlights

  • Four one‑bedroom residential apartments
  • Two street‑level storefronts of approximately 700 SF each, with basement storage
  • Separate rear structure approved for an additional residential unit

Property Analytics

Current Use

Xiong An E-Bike LLC Industrial Manufacturer Laura Deli & Grocery Food Market Hao Jian Tow ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Catering Service Clothing & Fashion Store

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

4
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,313
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

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 - Four apartments and leased commercial space support a combination of residential and business uses.
Where is this mixed-use property located?
The property is located at 913 Summit Ave Union City, NJ.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Four one‑bedroom residential apartments; Two street‑level storefronts of approximately 700 SF each, with basement storage; Separate rear structure approved for an additional residential unit
More about this property
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