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2913 Jeannette St 6,000 SF 100% Leased Retail Building Union City, NJ 07087 $2,233,472 CAD ($372.25 CAD/SF) 5.65% Cap Rate
EXECUTIVE SUMMARY
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 811 30th Street. https://2913jeannettestreet.my.canva.site/
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,000 SF
Building Class
C
Year Built
1937
Price
$2,233,472 CAD
Price Per SF
$372.25 CAD
Cap Rate
5.65%
NOI
$126,275 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.53
Lot Size
0.09 AC
Zoning
Commercial/Residential
Frontage
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-00157-0000-00021 | Improvements Assessment | $998,641 CAD (2025) |
| Land Assessment | $593,964 CAD (2025) | Total Assessment | $1,592,605 CAD (2025) |
PROPERTY TAXES
Parcel Number
10-00157-0000-00021
Land Assessment
$593,964 CAD (2025)
Improvements Assessment
$998,641 CAD (2025)
Total Assessment
$1,592,605 CAD (2025)
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2913 Jeannette St
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