1506 Summit, Union City, NJ 07087
Listing Courtesy of Keller Williams Park Views
$699000
Potential Rebate: $10,485
Overview
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!
Estimated Monthly Payment
$4,299 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$10,485
Monthly savings impact
$29/mo
Effective Purchase Price
$688,515
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Keller Williams Park Views
Data Source: NJMLS #26000723
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
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Listings
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 RLS Data display by Real Estate Rebate Team LLC. 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.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Keller Williams Park Views
Data Source: NJMLS #26000723
Price Analysis
Compare average listing prices and value metrics for 1506 Summit, Union City, NJ 07087 against the surrounding Union City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
24.30% Higher
than the Union City price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Union City.
