Commercial space For Sale in Union City, NJ
MLS# : 260011052
PROPERTY DETAILS
PROPERTY DESCRIPTION
An exceptional, high-yielding portfolio piece occupying a prominent, high-visibility corner in one of Union City’s most vibrant, heavily trafficked districts. 914-916 Summit Avenue (AKA 729 10th Street) is a commanding 3-story brick building offering a highly diversified, multi-stream cash flow structure that perfectly balances market stability with aggressive net yields. The upper levels feature four spacious, high-demand 2-bedroom residential apartments, consistently capitalizing on Hudson County’s historically low vacancy rates. The ground floor boasts three prime commercial retail spaces enjoying premier street frontage and maximum daily foot traffic. To anchor the asset, the property features two rooftop cell phone towers generating an additional, completely passive $1,800/month ($21,600 annually) in corporate-backed net income with zero operational overhead. Meticulously maintained and strategically located just minutes from major NYC transit lines, public schools, and the Lincoln Tunnel network, this asset represents a rare opportunity to capture retail momentum, stable residential returns, and guaranteed corporate cash flow all under one roof. Schedule your private investment review today.
Amenities
This listing is a courtesy of BULIN ASSOCIATES
201-392-8100 office, listing agent ADAM R BULIN
About Union City, NJ Real Estate Market
The Union City is situated atop the ridge of the lower Hudson Palisades. Due to a high elevation, the city offers clear views of surrounding municipalities like New Jersey Meadowlands and New York City Skyline. It shares its borders with other parts of Hudson County, such as Jersey City, Hoboken, Weehawken, North Bergen and West New York.
The formation of Union City as a city happened in 1925 by an act of the New Jersey Legislature. Union City was established by merging Union Hill and West Hoboken Township. The city’s name got derived from the names of these two municipalities. In its early stages, Union City was inhabited by German and Spanish speaking people.
Union City is divided into two parts by New Jersey Route 495, which resulted in the renaming of many street names in the city. Most of the homes for sale in this part of Hudson County are located on streets like 32nd Street, Hackensack Plank Road and Bergen Turnpike, which form Union City’s urban grid.
| Population: | 66,375 |
| Total Housing Units: | 27,442 |
| Single Family Homes: | 1,292 |
| Apartments: | 26,137 |
| General Tax Rate (2025): | 1.848% |
| Effective Tax Rate (2025): | 1.859% |
| Compare To Other Towns |
Union City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $749,744 |
| Homes Sold* (12mo): | 15 |
SINGLE FAMILY HOME SALES
Union City, NJ
PRICE INDEX
| Average Price* (12mo): | $426,969 |
| Apatments Sold* (12mo): | 130 |
APARTMENT SALES
Union City, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 1.848% |
| Effective Tax Rate (2025): | 1.859% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $475,000 - 649,000 | 5 |
| Condos : | $192,600 - 1,499,000 | 67 |
| Co-ops : | $262,500 - 585,000 | 25 |
| Twnhs : | $875,000 - 875,000 | 1 |
| 2-4 Fam : | $549,900 - 1,399,000 | 28 |
| 5+ Fam : | $1,249,900 - 1,249,900 | 1 |
| Land : | $499,000 - 499,000 | 1 |
| Rentals : | $1,725 - 5,000 | 16 |
| Mixd Use : | $1,249,900 - 1,699,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $79,999 - 205,000 | 6 |
