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(201) 351-1079

$1,399,000 801-11 Summit Ave, Union City, NJ 07087

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5 Fully occupied stores on the ground fl. 5 Fully rented apartments on the 8th st. 2nd & 3rd flr on Summit Ave which used to be a rooming house. Approx 2,000 sq ft per flr. Needs to be developed to 1 or 2 bd apts. Property located in great location. great visibility. 1 small block from JFK Blvd. Great potential for $$ growth for an investor, or buyer to develop the building. All apts are rented under actual rent value price for the neighborhood. Rent can actually be raised by a list 15-20%. Has possibility to convert to hotel. Plenty of street parking.

  • Exterior Features

    Roof

    • Flat

    Style

    • Res/Com Mixed

    Sub Style

    • Rtl/Apt
  • Property Features

    Owner Pays

    • Water

    Property Pro

    • Municipal Wa
    • Sewer

    Taxes

    • 42976

    Year Built

    • 1950'S
Listing provided courtesy of Group Twenty Six, Llc.
Price History
DATE DAYS AGO EVENT NEW PRICE
Jan 17, 2013 153 days ago New on market $1,399,000

Ask an Expert :: 801-11 Summit Ave

Brian Kim

Brian Kim


Broker Associate
Group Twenty Six
115 River Road. #1027
Edgewater, NJ 07020


Office:
(201) 351-1079


Let me know how I can assist you with your Bergen County Real Estate needs. I am here to help! View my Profile / Listings



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