1408 New York Ave Active Save Request In-Person Tour Request Virtual Tour
Union City,NJ 07087
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