Great opportunity to invest in a mixed use property in a developing Union City. Corner building, all brick. Located on a busy intersection of Bergenline Ave and 5th. 1st floor: Commercial space, currently vacant. Potential rent $2,000/month. 2nd floor: 2BR+balcony apt. Rent $1,800/month. 4 parking spots. Rented for $600/month. Expenses: Tax ($13,263/yr), Insurance ($4,000/yr), Water/Sewer ($2,000) Cap rate: 6.2%
Off market
$645,900
408 Bergenline Ave, Union City, NJ 07087
2beds
0baths
5,000sqft
SingleFamily
Built in ----
2,500 Square Feet Lot
$645,900 Zestimate®
$129/sqft
$2,905 Estimated rent
Owner options
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Estimated market value
$645,900