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3136 Summit Ave
Union City, NJ 07087

$1,988,000 USD

Storefront Retail Residential For Sale  •  7,100 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,100 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 1910
  • Cap Rate 10.00 %
  • Tenancy Single
  • Zoning C
85 Transit Score
98 Walk Score

Highlights

3136 Summit Avenue is a fully renovated mixed-use building with residential units, office space, and a large garage, ideal for various business uses.
Recent upgrades include new plumbing, electrical, forced air HVAC, siding, and bathrooms, offering a turnkey opportunity for investors or owner/users.
Zoned for mixed use with potential for up to four additional floors, providing strong upside for future development and expansion.
Prime Union City location near Kennedy Blvd, I-495, and the Lincoln Tunnel, with nearly 2 million residents and $27B in consumer spending nearby.
Cap Rate: 10.00 %

Amenities

  • Freeway Visibility
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Hoboken (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH)) 11 min - 3.3 mi
New York Penn Station (NJT) (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit)) 11 min - 3.7 mi
Transit/SubwayDriveWalkDistance
Bergenline Avenue (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 17 min 0.9 mi
Tonnelle Avenue (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
Newark Liberty International 13 min - 10.5 mi
LaGuardia 29 min - 12.6 mi
John F Kennedy International 38 min - 20.5 mi
Manuel Dominguez 732-795-9500 RE/MAX Synergy Real Estate
Manuel Dominguez 732-795-9500 RE/MAX Synergy Real Estate