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In-PersonVirtual Tour
$ 997,000
Est. payment | /mo
7 Beds
3 Baths
$ 997,000
Est. payment | /mo
7 Beds
3 Baths
Open House
Sun Apr 12, 12:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260006230
Bedrooms 7
Full Baths 3
HOA Fees $3/mo
Lot Dimensions 2500sf
Property Sub-Type 3 Family
Property Description
AN EXCEPTIONAL 3 FAMILY HOME + RARE 3 CAR PARKING + LARGE BACKYARD + TWO TERRACES + THREE BLOCKS TO HUDSON-BERGEN LIGHT RAIL STATION. Located one block east of vibrant and lively BERGENLINE AVENUE. A strong multifamily investment listing in the extremely desirable Hudson County market. This is a high-demand rental corridor, especially for NYC commuters priced out of Manhattan. PROPERTY OVERVIEW: Type: 3-family home. Units: Ground: 1BR / 1BA (walk-out to backyard), 2nd floor: 3BR / 1BA + terrace, 3rd floor: 3BR / 1BA + terrace + partial skyline view (including Empire State Building area). Size: ~3,077 sq ft. Lot: 25 × 100 ft. Parking: Rare 3-car parking. Outdoor space: Backyard + 2 terraces. INVESTMENT HIGHLIGHTS: Projected Cap Rate: 7.62% (solid for North Jersey), Separate utilities: Gas & electric meters (great for expense control), Income strategy: Live in one unit + rent 2 (classic house-hack), Or fully rent for cash flow. Vacancy timeline: Ground unit leased until June 30, 2026. Delivered vacant otherwise (big plus for flexibility). LOCATION ADVANTAGES: THREE BLOCKS to the Hudson-Bergen Light Rail. Near major commuter routes. Lincoln Tunnel, NJ Turnpike, Routes 3 and 1&9, Extensive transit network (10+ bus lines to NYC). CONVENIENT TO: Restaurants, cafes, nightlife, clubs, schools, parks, medical facilities, post office, banks, houses of worship. BOTTOM LINE: A strong cash-flowing asset. A great owner-occupant play with upside. Particularly valuable because of parking + outdoor space + transit proximity (rare combo).
Location
State NJ
County Hudson
Area Union City
Rooms
Basement None
Interior
Heating A/C Wall, Gas, Hot Water
Cooling A/C Wall, Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Block, Brick
Parking Features 3+ Cars, Attached, Garage, Other-See Remarks
Listed by WEICHERT REALTORS