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**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. Agent Remarks: **Appraisal Value:** Recently appraised at $1,720,000, offering significant value at the listing price of $1,500,000 for both lots.
Location | |
Subdivision | - |
County | Hudson |
Elementary School | - |
Middle School | - |
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MLS number: 250002163
Listing agent:
Leonardo Tatis
#2294805
Listing broker:
United Real Estate Of North Jersey
(201) 679-7040
Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, February 3 2025 at 4:00 a.m. EST
Kotohomes National
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