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814-816 Summit Ave
Union City, NJ 07087

$1,698,000 USD

Apartments For Sale • 13,151 SF

Property Details

Property Type Apartments
Total Building Size 13,151 SF
Lot Size 0.12 AC
Building Class B
Year Built 1910
Cap Rate 6.93 %
Zoning C, Union City.

66 Transit Score

95 Walk Score

                
                    Highlights
                
                                Heavy daytime vehicular & foot traffic
                            
                                Fully occupied
                            
                                Rear municipal parking lot

Financial Summary (Actual)

Net Operating Income: $117,989 USD (2023)

Cap Rate:	6.93 %
Total Expenses:	$38,011 USD

Amenities

Air Conditioning
Controlled Access
Tenant Controlled HVAC
Heating
Recycling
Smoke Free
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hoboken (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Hoboken-33rd Street - NJ Transit Commuter Rail (NJ Transit), Hoboken-World Trade Center - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), 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), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))	8 min	-	2.4 mi
Secaucus Junction (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), 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), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit))	10 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
9Th Street - Congress Center (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))	7 min	18 min	1.0 mi
Airport	Drive	Walk	Distance
Newark Liberty International	14 min	-	11.5 mi
LaGuardia	31 min	-	14.1 mi
John F Kennedy International	39 min	-	22.1 mi

Andrew Botticelli 908-433-7999 Compass

814-816 Summit Ave Union City, NJ 07087