4003 Bergenline AveUnion City, NJ 07087
- Other commercial real estate
- 0.05 AC
Property Details for 4003 Bergenline Ave
- Year built
- 1930
- Construction
- FRAME
- Lot size
- 0.05 AC
- Property type
- Other commercial real estate
- APN
- 10 00234-0000-00029
- APU
- 1000234000000029
Description
This exceptional Union City, New Jersey commercial property, located at 4003 Bergenline Avenue, presents a lucrative investment opportunity. The property boasts a total of 5,000 square feet situated on a 2,275 square foot lot. The building features a ground floor retail space ideal for a variety of businesses, capitalizing on its high-traffic location on Bergenline Avenue. Above the retail space, the second floor offers a residential unit with two bedrooms, a kitchen, and a living room. Adding to the property's versatility, a substantial 2,700 square foot warehouse space is located on the top floor. Currently, the entire building is fully rented, providing immediate and consistent cash flow for the investor. The property's prime location in Union City, Hudson County, within zip code 07087, ensures high visibility and accessibility. This is a rare chance to acquire a mixed-use property with strong rental income and significant potential for future growth. The asking price for this exceptional investment is $1,600,000. This property is zoned for commercial use and offers a unique blend of retail, residential, and warehouse space, making it an attractive option for both seasoned investors and those seeking a diversified portfolio. Don't miss this chance to own a piece of thriving Union City.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $430,519
- Hospitality
- $394,353
- Educational
- $328,097
- Medical
- $339,381
- Retail
- $510,373
Location Insight
- City
- Union City
- County
- Hudson
- State
- New Jersey
- Latitude
- 40.7766
- Longitude
- -74.026
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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