615 Summit Avenue, Union City, NJ 07087

Property Description

Location! Location! Location! Ideally situated on Summit Avenue in Union City, this mixed-use investment property enjoys a highly visible location in one of Hudson County's most established commercial and residential corridors. The property benefits from excellent access to NJ Transit buses with convenient service to Midtown Manhattan and is just minutes from the Lincoln Tunnel, making it highly desirable for commuters. Surrounded by local businesses, restaurants, shopping, schools, parks, and everyday conveniences, the area supports strong demand for both residential and commercial space. Union City's high population density, walkability, and proximity to New York City continue to make it an attractive market for investors seeking stable rental demand and long-term appreciation. The property features two 2-bedroom apartments, two 1-bedroom apartments, and one commercial storefront, generating approximately $109,000 in annual gross income, with operating expenses of approximately $38,000 and a Net Operating Income (NOI) of approximately $71,000. All units have separate utilities, including gas, electric, and water, minimizing landlord expenses and providing ease of management for investors.

Listing Status:

Active

Date Added:

June 30, 2026

Data Last Updated:

July 29, 2026 at 5:56AM

Listing Office:

The Agency Rutherford Realty Inc. : 201-939-7500

Listing Agent:

Julia Gulden Dagistanli : 201-679-5025

MLS ID:

26024652

Construction

• Roofing: Flat

Location

• County: HUDSON