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WEB ID: 88001793

1616 SUMMIT AVE Union City, Hudson, NJ 07087-1948

Union City, Hudson, NJ 07087-1948

for sale | Commercial

$525,000
  • Annual Tax: $3,513.00

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WEB ID: 88001793

1616 SUMMIT AVE Union City, Hudson, NJ 07087-1948

Union City, Hudson, NJ 07087-1948

for sale | Commercial

$525,000
  • Annual Tax: $3,513.00

The Details

About 1616 SUMMIT AVE, Union City, NJ 07087-1948

Two Commercial Condos for sale located on a busy and high traffic shopping area with bus shuttle service along the avenue. Very close to Lincoln Tunnel, Hoboken and all major highways including Route 3 and NJ Turnpike. Unit A is leased for $2100 to an E-bicycle store which will be opening soon. Unit B is leased for $1800 to a Thrift store. Both have annual 5% increase and about 2 years left on current lease. Mon...
Listing Courtesy of KELLER WILLIAMS CITY VIEWS, (201) 592-8900, NJ_HCMLS:240016919

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Union City

Stretching inland alongside Weehawken and Hoboken, Union City is one of the country’s most densely populated areas. This is a bustling metropolis—a far cry from a pastoral New York City suburb—and residents wouldn’t have it any other way. Though not directly on the river, Union City is still considered a part of the New Jersey Gold Coast, as it sits high on the ridge of the Palisades. And from the windows of a Union City home or while walking in one of its many parks, one can catch a glimpse of the mighty Hudson, the Manhattan skyline across the water, or the neighboring New Jersey cities below. It’s these views that have made Union City a favorite for generations, in a town where single-family houses are rare, instead, boasting plenty of multi-family houses, low-rise apartment buildings, and the occasional high-rise tower.

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