4507 Bergenline Ave, Union City, NJ 07087

Property Description

A fantastic opportunity to own a mixed-use property in a prime location along Bergenline Avenue in the heart of Union City. The first floor features a well-established, bustling salon with a convenient half bathroom, providing an attractive commercial space in a highly trafficked area. The property also includes a full basement with bilco door access from both the front and rear, offering valuable additional storage and utility space. The second floor features a spacious two-bedroom residential apartment with a comfortable living room, eat-in kitchen, two generously sized bedrooms, and a full bathroom. With both commercial and residential income, this property presents an excellent investment opportunity with a reported annual net operating income of $62,564 and an attractive 6.62% cap rate.