200 Bergenline Ave - Multi-Family FOR SALE


Union City, NJ 07087
$980,000 USD
973-809-7045
200 Bergenline Ave, Union City, NJ for Sale
$980,000 USD
Multi-Family - FOR SALE
1/22
null | 7.96% Cap Rate

200 Bergenline Ave
Union City, NJ 07087


HIGHLIGHTS

  • Excellent Location
  • Strong Transportation Access to NYC
  • Strong Rental Demand Area
  • Proximity to Parks and Neighborhood Amenities

OVERVIEW

Century 21 Preferred Realty has been exclusively retained to market and sell 200 Bergenline Avenue, Union City, New Jersey, a boutique five-unit multifamily investment property located in the highly desirable West Hoboken section of Union City. Contact Jay Navia for More Info The building consists of one two-bedroom unit, three one-bedroom units, and one studio apartment, offering a balanced unit mix attractive to investors seeking stable rental demand in a strong Hudson County market. The property is ideally positioned directly across from Washington Square Park, which borders Union City and Jersey City Heights, providing open green space and enhanced neighborhood appeal. Several units offer partial views of the New York City skyline and the World Trade Center. Transportation access is excellent, with a NJ Transit bus stop located directly across from the building, providing convenient service to Manhattan. Additional connectivity is available via the Congress Street elevator to the PATH system in Jersey City Heights. Of the five units, three apartments have been fully remodeled, while the two-bedroom unit has recently undergone a bathroom renovation, presenting investors with a property that has already benefited from capital improvements while still offering potential for continued value growth. This property represents a compelling opportunity to acquire a well-located, boutique multifamily building in one of Hudson County’s most accessible and consistently in-demand rental markets.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

5

PRICE/UNIT

$196,000

CAP RATE

7.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

res

APN/PARCEL ID

10-00008-0000-00025

ASK ABOUT THIS PROPERTY

Diane RiveraC21 PreferredMore Info
973-809-7045

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Diane RiveraC21 PreferredMore Info
973-809-7045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.