814 Summit Ave Union City, NJ 07087
Estimated payment $11,351/month
About This Home
Commercial Mixed-Use. Prime Investment Opportunity in Union City. Eight residential units plus a commercial retail store that can be used as two stores in the future as building is 100% occupied. The retail space has high ceilings and includes a full basement, providing additional storage or functional space. Tenants pay seperate utilities: electric, heat, hot water and cooking gas.. Inquire for full details on income and expenses. Great income with upside potential. Lot size 50x108. Located in a highly desirable area with heavy foot traffic.
Property Details
Property Type
- Other
Est. Annual Taxes
- $29,137
Home Design
- Flat Roof Shape
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $1,698,000 | -- | -- |
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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $550,000 | Commercial | |
| Previous Owner | $203,000 | Commercial |
About the Listing Agent
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
Andrew's Other Listings
Source: New Jersey MLS
MLS Number: 25034673
APN: 10-00042-0000-00005
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