811 30th St, Union City, NJ 07087

Property Description

Location! Location! Location! This mixed-use property features four residential one-bedroom units and two commercial units, including a Zumba school and a religious facility. Generating a gross income of $126,700 with expenses of $36,240 and a NOI of $90,460, it offers strong income-producing potential. It provides prime transportation access to New York City, with NJ Transit buses and shuttles stopping directly in front of the building. Renovated in 2011 with updated electrical and plumbing systems, the property is also connected to a central station alarm service. Additionally, it features a backyard facing 30th Street that can potentially be converted into a parking area, subject to township approvals and permissions. A rare investment opportunity combining steady income in a highly desirable, transit-accessible location. The address is also known as 2913 Jeannette st.