$1,975,000

814 Summit Ave Union City, NJ 07087

Estimated payment $12,950/month

Total Views 395,035
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime investment property. Eight residential units plus retail store are all occupied. Separate utilities, All tenants pay electric, heat, hot water and cooking gas.. High ceilings and basement. Inquire for full details on income and expenses.

Listing Agent

Andrew Botticelli

Compass New Jersey, LLC-Hoboken Brokerage Phone: (908) 433-7999 Listed on: 12/09/2024

Compass New Jersey, LLC-Hoboken

Co-Listing Agent

Scott Waldman

Compass New Jersey, LLC-Jersey City Brokerage Phone: (908) 433-7999

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $29,137

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$29,137

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Mls Id: 325405
  • Attribution Contact: (908) 433-7999
  • Co List Office Phone: 201-627-4947
  • MLS Status: Active - Active
  • Directions: New York Ave & Kennedy Blvd
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 00005

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,905 $1,885,300 $480,000 $1,405,300
2024 $29,138 $1,780,600 $480,000 $1,300,600
2023 $29,138 $379,000 $235,000 $144,000
2022 $28,088 $379,000 $235,000 $144,000
2021 $27,989 $379,000 $235,000 $144,000
2020 $27,671 $379,000 $235,000 $144,000
2019 $26,920 $379,000 $235,000 $144,000
2018 $26,416 $379,000 $235,000 $144,000
2017 $26,166 $379,000 $235,000 $144,000
2016 $26,113 $379,000 $235,000 $144,000
2015 $25,662 $379,000 $235,000 $144,000
2014 $25,105 $379,000 $235,000 $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 For Sale $1,975,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $600,000 --
Deed -- --
Bargain Sale Deed $725,000 Old Republic Natl Title Ins
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,852,500 New Conventional
Closed $300,000 Commercial
Previous Owner $967,500 Commercial
Previous Owner $129,000 Commercial
Previous Owner $750,000 Commercial
Previous Owner $550,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $203,000 Commercial
Source: Public Records

About the Listing Agent

Andrew Botticelli

Compass New Jersey, LLC-Hoboken

(551) 345-5690

Section Image

Andrew Botticelli is a recognized leader in both commercial and residential real estate. He has a wide range of experience across the entire state of New Jersey. Currently one of Compass Real Estate’s top ranking agents, Andrew started his career in Monmouth country where he rented and sold vacation properties.

The last ten years, Andrew has spent the majority of his time doing business in Hudson County. He has helped several commercial businesses get up and running—and has an

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Source: New Jersey MLS

MLS Number: 24038539

New Jersey MLS

APN: 10-00042-0000-00005