$1,199,000
2212 BERGENLINE AVE Union City, NJ 07087
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$1,199,000
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4 BA
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2212 BERGENLINE AVE Union City, NJ 07087
UPDATED:
10/17/2024 11:37 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240020534
Full Baths 3
Half Baths 2
Annual Tax Amount $15,099
Lot Dimensions 25X100
Property Description
LOCATION, LOCATION LOCATION. MIXED-USE INVESTMENT PROPERTY. ONE COMMERCIAL AND TWO RESIDENTIAL UNITS. EASY TO MANAGE AND A GREAT CASH FLOW INVESTMENT. ALL NUMBERS ARE ACTUAL AND FULLY OCCUPIED. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY PREMIER INVESTMENT CITIES AND HIGHLY SORT AFTER BUSINESS DISTRICT. ONLY TWO MILES AWAY FROM HOBOKEN, BORDERING JERSEY CITY HEIGHTS, AND 5 MILES FROM MIDTOWN NYC WITH DIRECT TRANSPORTATION. BERGENLINE AVE IS THE MAIN COMMERCIAL DISTRICT IN UNION CITY, WHICH IS LINED WITH SHOPS AND BUSTLING WITH ACTIVITY SEVEN DAYS A WEEK. LOCATED IN AN OPPORTUNITY ZONE. RESIDENTIAL UNIT 1 COMPRISES OF 3 BEDROOMS, ONE BATH, LIVING ROOM AND EAT IN KITCHEN. RESIDENTIAL UNIT 2 COMPRISES OF 3 BEDROOMS, 1 FULL BATHS, LIVING ROOM AND EAT IN KITCHEN. COMMERCIAL SPACE IS A WELL ESTABLISHED BAKERY WITH A LONG TERM LEASE TILL 2029 WITH APPROPRIATE INCREMENTAL INCREASES. GREAT INVESTMENT OPPORTUNITY.
Location
State NJ
County Hudson
Area Union City
Listed by KELLER WILLIAMS TOWN LIFE
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