7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town

4535 Broadway, Union City, NJ 07087

  • For Sale $1,149,888
  • Property Type Multi-Family
  • Property Size 4,900 SF
  • Units 7
  • Lot Size 0.06 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Year Renovated 2010
  • Date Updated Nov 27, 2024
Union City is a city in the northern part of Hudson County, in the U.S. state of New Jersey. As of the 2020 United States census, the city was the state's 18th-most-populous municipality, with a population of 68,589, an increase of 2,134 (+3.2%) from the 2010 census count of 66,455, which in turn had reflected a decline of 633 (−0.9%) from the 67,088 counted in the 2000 census. As of the 2010 Census, among cities with a population of more than 50,000, it was the most densely populated city in the United States, with a density of 54,138 per square mile of land. The Census Bureau's Population Estimates Program calculated that the city's population was 65,366 in 2022, ranking the city the 590th-most-populous in the country.The Elia Realty Group (ERG) and Ryan Cooper powered by KW Commercial, are proud to present an exciting new opportunity to own this (x7) unit income producing investment sale. Explore the potential of this exceptional 7-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights: Catering to varied tenant needs with a well-balanced assortment of 1 & 2-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income. Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.

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Highlights

  • Strategically Located just miles from NYC
  • Ideal for "Add Value" asset contribution from ownership
  • Annual Rental Increases of 3% per year

Contacts

broker

Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Union City, NJ
  • Zip Code 07087
  • Market New Jersey

Points of Interest

  • Port Imperial

    0.41 miles

  • Holiday Taxi

    1.32 miles

  • PATH Elevator

    2.99 miles

  • Hoboken

    3.00 miles

  • Hoboken Terminal

    3.12 miles

  • Secaucus Junction

    3.24 miles

  • Meadowlands

    3.72 miles

  • Grove Street PATH Trains

    4.24 miles

  • Grove Street

    4.24 miles

  • Grove Street (PATH)

    4.26 miles

  • Exxon

    0.21 miles

  • Speedway

    0.55 miles

  • Tesla Supercharger

    0.89 miles

  • Delta

    1.71 miles

  • BP

    1.76 miles

  • Sunoco

    1.83 miles

  • North Lot

    0.41 miles

  • Harry Bain Elementary School Parking Lot

    0.42 miles

  • Walgreens

    0.62 miles

  • Weehawken Public Library

    0.67 miles

  • Union City Post Office

    0.77 miles

  • Port Authority of New York and New Jersey

    0.97 miles

  • Tonnelle Avenue Parking

    1.04 miles

  • Hudson Korean Presbyterian Church Parking Lot

    1.31 miles

  • Jose Marti Field and Recreational Grounds Parking Lot

    1.31 miles

  • North Bergen Park & Ride

    1.34 miles

  • Residence Inn

    0.36 miles

  • EnVue

    0.36 miles

  • Super 8 North Bergen

    1.11 miles

  • Fountain Motel

    1.15 miles

  • Best Western

    1.18 miles

  • Meadowlands View

    1.23 miles

  • Days Hotel

    1.26 miles

  • Sheraton Lincoln Harbor

    1.37 miles

  • Hyatt Place

    1.40 miles

  • Extended Stay America

    1.44 miles

  • Trattoria Napoli

    0.02 miles

  • Dunkin'

    0.14 miles

  • Subway

    0.15 miles

  • Tulemia Pizza

    0.18 miles

  • Daily Chinese Restaurant

    0.21 miles

  • El Unico de Elena

    0.21 miles

  • Romano Pizza

    0.21 miles

  • Ñaño's 593 Restaurant & Grill

    0.23 miles

  • Charrito's Restaurant

    0.24 miles

  • Bettí

    0.25 miles

  • Roosevelt Elementary School

    0.11 miles

  • Theodore Roosevelt Number 5 Elementary School

    0.17 miles

  • Number 2 Elementary School

    0.32 miles

  • Saint Augustine's School

    0.37 miles

  • Union Hill High School

    0.39 miles

  • Saint Joseph's High School

    0.42 miles

  • Harry Bain Elementary School

    0.42 miles

  • Washington School

    0.42 miles

  • Number 5 Elementary School

    0.43 miles

  • West New York Middle School

    0.47 miles

  • Harmony Childcare Center

    1.40 miles

  • Lolipop Learning Center

    1.73 miles

  • Hoboken Children's Academy II

    1.93 miles

  • North Hudson Community Action

    1.97 miles

  • Bright Horizons

    1.97 miles

  • Apple Montessori

    2.02 miles

  • Kidz City

    2.20 miles

  • Little Bee Learning Studio

    2.63 miles

  • Apple Montessori Schools

    2.77 miles

  • Kiddie Academy

    2.84 miles

Frequently Asked Questions

How much does 7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town cost?

The space currently listed for sale at 7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town asks for $1,149,888.

What is the total square footage of 7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town?

7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town totals 4,900 square feet.

When was this property built?

7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town was built in 1920.

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Contact Listing Broker

broker

Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee