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4520 Bergenline Ave
Union City, NJ 07087
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,400 SF
Building Class
C
Year Built
1955
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.56
Lot Size
0.05 AC
Zoning
C
Frontage
18’ on Bergenline Ave

Amenities

  • Bus Line
  • Commuter Rail
  • Signage

About 4520 BERGENLINE AVE , UNION CITY, NJ 07087

The subject property is a very well-located, mixed-use building containing 1 Retail Store and 2 Large Apartments. Currently the apartments are vacant and in need of renovation. The retail store is on a month-to-month lease allowing an incoming buyer to occupy the store, work with the existing tenant, or vacate the space and re-rent it. Located on commercially active Bergenline Ave between 45th and 46th St, this investment would be excellent for an owner user or long-term cash flow investor to purchase. The residential units would be configured as 3 B/R 1 Bath apartments upon renovation. CURRENT PROPERTY TAXES ARE APPROX: $15,940 PROJECTED RENT ROLL : $4,500 store, $1,800 per apartment= $97,200 per year.

Property Taxes

Property Taxes

Parcel Number
10-00268-0000-00014
Land Assessment
$378,000
Improvements Assessment
$471,100
Total Assessment
$849,100
  • Listing ID: 14318862

  • Date on Market: 11/7/2018

  • Last Updated:

  • Address: 4520 Bergenline Ave, Union City, NJ 07087

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