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1506 Summit AvenueUnion City, NJ 07087

For Sale

$699,000

Smart Buyer Rebate $4,975

Legal 4-Unit Building for Sale! Don’t miss this outstanding investment opportunity in the heart of Union City. This income-producing property offers strong rental potential and long-term growth. Featuring four 1-bedroom, 1-bath units, all in move-in condition with one of the units having access to the backyard. Low taxes, only $10,763!! Separate utilities, tenants pay their own PSEG; water is included. The basement features storage space and all mechanical systems. Prime Location! Conveniently situated near NYC transportation, shops, and restaurants. This 4-family home is ideal for investors looking for great value and excellent return potential. Call today!

Listed by Giselle Ortega

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License #1020751

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Keller Williams Park Views

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(786) 720-6237

Last updated January 09, 2026

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Source: NJMLS #26000723

Listing Facts

  • TypeMulti-family
  • NeighborhoodUnion City
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu23
  • Taxes$10,138/year

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

01/25/2026
Status changed to Active
$699,000
01/24/2026
Status changed to Removed from Feed
$699,000
01/07/2026
Listed by Keller Williams Park Views
$699,000

Property Details for 1506 Summit Avenue

Exterior

Construction

  • Year Built Details: 1900-1939,Build Prior to 1978
  • Architectural Style: 4 Family

Measurements

  • Lot Size Square Feet: 1,960

Financial

Taxes

  • Tax Annual Amount: $10,138.00

Interior

Rooms

  • Basement: Unfinished, Storage And Utilities
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 14

Other

Location

  • Tax Block: 79
  • Tax Lot: 18

Utilities

Equipment

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 4 bathrooms in this multi-family home at 1506 Summit Avenue.

What are the annual taxes for 1506 Summit Avenue?

Annual taxes for this multi-family home are estimated at $10,138.

How does 1506 Summit Avenue compare to other multi-family homes in Union City?

This multi-family home is listed 25% below the average price for multi-family homes in Union City and has been on the market for 45 less days than the typical home in this area.

1506 Summit Avenue is a 4-bedroom, 4-bath multi-family home for sale in Union City NJ 07087. Available on Prevu for 23 days at $699,000. This residence is located in Union City. The median listing price for multi-family homes in this area is $691,500. The home offers pets allowed. Browse more multi-family home listings in New Jersey.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prevu are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. © 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.