Listing Details

1011 Summit Ave,Union City, NJ 07087-5520

  • December 15, 2025

Description

Excellent investment opportunity on Summit Ave in Union City featuring 3 apartments plus ground-level commercial space. Prime location just 5 miles from Manhattan, one bus stop to Port Authority, and minutes to the PATH train. High-demand rental area with exceptional transit access, strong income potential, and long-term appreciation. Ideal for investors seeking a mixed-use asset in the heart of Hudson County.

Details

Last Updated On: December 15th, 2025 at 2:30 pm
Property ID:PT-20847952-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 899,000 $
Bedrooms:7
Year Built:1910

Additional Details

Listing Details

Status: Active

Location

County: Hudson
Lotsize: 25X102
Lot Identifier: 5
Lot Identifier: 5

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Full, Partial
Acreage: 0.06
Total Baths: 4.10
Unit Style: Under/Over
Number of Units: 4
Rooms: 21
Easement/Desc: Unknown
Exterior Description: Composition Shingle
Roof Description: Asphalt Shingle
Possesion: na
Unit 1 Appliances/Equipment: CarbMDet,CookGas,FireAlrm,Microwav,Refrig,SmokeDet
Unit 1 Levels: 1
Unit 1 Rooms: 6
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1200
Unit 1 Rent: 2500
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen
Unit 1 Security Deposit: 3750
Unit 2 Appliances/Equipment: CarbMDet,CookGas,FireAlrm,Microwav,Refrig,SmokeDet
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 1000
Unit 2 Rent: 2300
Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen
Unit 2 Security Deposit: 3450
Unit 3 Appliances/Equipment: CarbMDet,CookGas,FireAlrm,Microwav,Refrig,SmokeDet
Unit 3 Levels: 3
Unit 3 Rooms: 5
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 3 Handicap: No
Unit 3 SqFt: 1000
Unit 3 Rent: 2300
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Family Room, Kitchen
Unit 3 Security Deposit: 3450
Unit 4 Appliances/Equipment: Carbon Monoxide Detector
Unit 4 Levels: 1
Unit 4 Rooms: 3
Unit 4 Baths: 1.0
Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 4 Handicap: No
Unit 4 SqFt: 1500
Unit 4 Rent: 3000
Unit 4 Security Deposit: 3000
Block Identifier: 44
County Number: 18
Town Number: 1810
YB/Desc: 1910 - Approximate
Easement: Unknown
Parking/Driveway Description: None
Block Identifier: 44
County Number: 18
Town Number: 1810
Possession: na

Taxes, Fees & Assessments

Gross Operating Income: 10100
Net Operating Income: 12000
Expense Include: Utilities
Tax ID For Property: 1810-00044-0000-00005-0000-
Tax Amount: $17,300.00
Tax Year: 2024
Tax Rate: 1.848%
Tax Rate Year: 2025
Land Assessment: $325,000.00
Building Assessment: $666,300.00
Total Assessment: $991,300.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 3 Units, Radiators - Steam
Cool System: Wall A/C Unit(s)
Water: Public Water
Sewer: Public Available, Public Sewer
Utilities: All Underground
Services: Cable TV, Cable TV Available, Fiber Optic

Schools

Grade School: HUDSON
Middle School: EMERSON
High School: EDISON

Features

  • Carbon Monoxide Detector
  • Fire Extinguisher
  • Intercom
  • Security System
  • Smoke Detector

Statistics

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