Union City, NJ 07087,1408 New York Ave
Union City, NJ 07087,1408 New York Ave
Union City, NJ 07087,1408 New York Ave
Union City, NJ 07087,1408 New York Ave
Union City, NJ 07087,1408 New York Ave
Union City, NJ 07087,1408 New York Ave
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$ 1,000,000
Est. payment | /mo

3,250 SqFt


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$ 1,000,000
Est. payment | /mo
Save

3,250 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $307

MLS Listing ID 3943528

Year Built 1908

Annual Tax Amount $18,380

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

**BEING SOLD AS PACKAGE DEAL WITH 1406 NEW YORK AVE, UNION, CITY, NJ ($500,000) - BOTH LOTS ASKING PRICE $1,500,000**Welcome to a prime investment opportunity in the heart of Union City! This mixed-use building at 1408 New York Ave is perfectly situated in a bustling neighborhood, making it an ideal location for business and residential living. Currently operating as a successful plumbing business, this property features a spacious commercial unit on the ground floor, complemented by two well-appointed apartment units above, providing a steady income stream.**Property Highlights:**- **Zoning:** C-N Neighborhood Commercial, allowing for a variety of business and residential uses.- **Commercial Space:** Generous retail/service area, perfect for continuing the current plumbing business or launching your own venture.- **Residential Units:** Two comfortable apartment units, unit 1 offering two bedrooms/ two bathrooms and unit 2 offering one bedroom/ one bathroom, offering additional rental income or owner-occupant potential.- **Package Sale:** This property must be sold as a package with 1406 New York Ave, creating a comprehensive investment opportunity. **Appraisal Value:** Both Lots Recently appraised at $1,720,000, offering significant value at the listing price of $1,500,000.

Location

State NJ

County Hudson

Zoning C-N

Rooms

Basement Storage

Interior

Heating Electric

Cooling 4+ Units, Central Air

Equipment Appliances, Machinery, See Remarks

Heat Source Electric

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Electric, Gas In Street

Roof Type Flat, Rubberized

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by UNITED REAL ESTATE
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+1(973) 572-4734

dfedericorealestate@gmail.com

1700 RT-23, Wayne, NJ, 07470-7513, USA

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1408 New York Ave