Skip To Content
    Return to Previous Page

    2212 Bergenline Ave

    Union City, NJ 07087
    • $1,115,000
    • STATUS: Active
    • ON SITE: 52 days
    • MLS #: 202015986
    $1,115,000
    • 0
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    7% CAP RATE! MIXED-USE INVESTMENT PROPERTY. EASY TO MANAGE AND A GREAT CASH COW INVESTMENT. ALL NUMBERS ARE ACTUAL AND FULLY OCCUPIED. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY PREMIER INVESTMENT CITIES AND HIGHLY SORT AFTER BUSINESS DISTRICT. ONLY TWO MILE AWAY FROM HOBOKEN, BORDERING JERSEY CITY HEIGHTS, AND 5 MILES FROM MIDTOWN NYC WITH DIRECT TRANSPORTATION ONE BLOCK AWAY. BERGENLINE AVE IS THE MAIN COMMERCIAL DISTRICT IN UNION CITY, WHICH IS LINED WITH SHOPS AND BUSTLING WITH ACTIVITY SEVEN DAYS A WEEK. THIS PROPERTY COMPRISES OF 3 UNITS - TWO RESIDENTIAL AND ONE LONG STANDING COMMERCIAL BUSINESS. RESIDENTIAL UNIT 1 COMPRISES OF 3 BEDROOMS, ONE BATH, LIVING ROOM AND EAT IN KITCHEN. RESIDENTIAL UNIT 2 COMPRISES OF 4 BEDROOMS, 2 FULL BATHS, LIVING ROOM AND EAT IN KITCHEN. COMMERCIAL SPACE IS A WELL ESTABLISHED BAKERY WITH A LONG TERM LEASE TILL 2029 WITH APPROPRIATE INCREMENTAL INCREASES. GREAT INVESTMENT OPPORTUNITY WITH STEADY CASH FLOW!

    Monthly Payment Calculator



    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-25T14:26:09.963.
    www.teambraconihomesales.com/homes/108509303
    Print Image

    2212 Bergenline Ave Union City, NJ 07087

    • Price: $1,115,000
    • Status: Active
    • MLS #: 202015986
    0
    Beds
    3
    Baths
    1
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Union City
    Area:
    Union City
    Property Description
    7% CAP RATE! MIXED-USE INVESTMENT PROPERTY. EASY TO MANAGE AND A GREAT CASH COW INVESTMENT. ALL NUMBERS ARE ACTUAL AND FULLY OCCUPIED. THIS PROPERTY IS LOCATED IN ONE OF NEW JERSEY PREMIER INVESTMENT CITIES AND HIGHLY SORT AFTER BUSINESS DISTRICT. ONLY TWO MILE AWAY FROM HOBOKEN, BORDERING JERSEY CITY HEIGHTS, AND 5 MILES FROM MIDTOWN NYC WITH DIRECT TRANSPORTATION ONE BLOCK AWAY. BERGENLINE AVE IS THE MAIN COMMERCIAL DISTRICT IN UNION CITY, WHICH IS LINED WITH SHOPS AND BUSTLING WITH ACTIVITY SEVEN DAYS A WEEK. THIS PROPERTY COMPRISES OF 3 UNITS - TWO RESIDENTIAL AND ONE LONG STANDING COMMERCIAL BUSINESS. RESIDENTIAL UNIT 1 COMPRISES OF 3 BEDROOMS, ONE BATH, LIVING ROOM AND EAT IN KITCHEN. RESIDENTIAL UNIT 2 COMPRISES OF 4 BEDROOMS, 2 FULL BATHS, LIVING ROOM AND EAT IN KITCHEN. COMMERCIAL SPACE IS A WELL ESTABLISHED BAKERY WITH A LONG TERM LEASE TILL 2029 WITH APPROPRIATE INCREMENTAL INCREASES. GREAT INVESTMENT OPPORTUNITY WITH STEADY CASH FLOW!
    Exterior Features

    Lot Size 2500 Number Parking Spaces 0 Stories 3

    Interior Features

    Four Plus Bedrooms 1 Sprinklers None Three Bedrooms 1

    Property Features

    Approximate Building Age 90 Commercial Type Investment Elevators No Flood None Free Standing Yes Fuel Gas Green Card Yes Gross Income 97800 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 8950 Rent Control No Taxes 13677

    Listing provided courtesy of Garabedian Realty Group, Llc:201-435-8001.


    © 2020 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-25T14:26:09.963.
     
    https://bt-photos.global.ssl.fastly.net/liberty/orig_boomver_1_202015986-2.jpg https://bt-photos.global.ssl.fastly.net/liberty/orig_boomver_1_202015986-2.jpg
    Logo
    Team Braconi | Christie's International Real Estate | Northern New Jersey
    837 Franklin Lake Rd
    Franklin Lakes NJ, 07417