Property

Union City, NJ 07087 1505 Summit Ave

$1,250,000

1505 Summit Ave Union City, NJ - Image 11505 Summit Ave Union City, NJ - Image 21505 Summit Ave Union City, NJ - Image 3
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1505 Summit Ave Union City, NJ - Image 41505 Summit Ave Union City, NJ - Image 51505 Summit Ave Union City, NJ - Image 61505 Summit Ave Union City, NJ - Image 71505 Summit Ave Union City, NJ - Image 81505 Summit Ave Union City, NJ - Image 91505 Summit Ave Union City, NJ - Image 101505 Summit Ave Union City, NJ - Image 111505 Summit Ave Union City, NJ - Image 121505 Summit Ave Union City, NJ - Image 131505 Summit Ave Union City, NJ - Image 141505 Summit Ave Union City, NJ - Image 151505 Summit Ave Union City, NJ - Image 161505 Summit Ave Union City, NJ - Image 17
Presented By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-585-8080
  • MLS# 250006085
  • 03/29/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Full/Half Baths • 5 / 1

Home Details

Great opportunity to acquire a desirable 6 unit asset. Composed of one bedroom and two bedroom units adds great value in gross rents, with low expenses yielding a 6% plus cap rate makes this opportunity much more than an average purchase. Building has been remodeled, some units  and has updated utilities, well maintained water heaters and boilers. Near public transportation to NY, highways, schools, shopping, parks and restaurants.
Presented By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-585-8080

Interior Features for 1505 Summit Ave

Other Interior Features

ElevatorsNo
Total Number of Units6

General for 1505 Summit Ave

AreaUnion City
Associated Document Count3
Block80
CityUnion City
ClassCI INVESTMENT - SALE ONLY
CountyHudson
DOM40
EasementsNo
FuelGas
Postal Code07087
Primary CityUnion City
Sale/RentFor Sale
StatusActive
StatusACTIVE
Status Detail0
Stories3
SubdivisionNJ
Taxes$15,306
TypeInvestment

Exterior for 1505 Summit Ave

Lot6

Additional Details

Price History

Charles Torres

Owner
Price $1,250,000
MLS#250006085
List Date 03/29/2025
Property Type Investment
Phone (973) 332-3023
Request Tour
Request Info
Visit My Website

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