518 9th St - Apartments FOR SALE


Union City, NJ 07087
$915,000 USD
201-215-1806
518 9th St, Union City, NJ for Sale
$915,000 USD
Apartments - FOR SALE
1/5
null | 5.79% Cap Rate

518 9th St
Union City, NJ 07087


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenitities & Demand Drivers
  • Desirable Brick Construction
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities
  • Separately Metered Utilities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 518 9th Street in Union City, NJ (the “Property”). The two-story brick building contains one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units. The Property is situated upon a 0.05-acre parcel and has on-street parking. 518 9th Street is well-positioned in Union City, offering convenient access to the city’s central commercial corridors, neighborhood retail, and surrounding residential communities. The Property benefits from strong connectivity to major regional routes including Bergenline Avenue and Kennedy Boulevard, with close proximity to Route 495 and the New Jersey Turnpike, providing efficient access throughout Hudson County, New York City, and the broader Northern New Jersey region.

FOR SALE DETAILS

PRICE

$915,000 USD

PRICE/SF

$443 USD /SF

# OF UNITS

4

PRICE/UNIT

$228,750

CAP RATE

5.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,056 SF

ZONING

R

APN/PARCEL ID

10-00040-02-00021

ASK ABOUT THIS PROPERTY

Marc MathelierHorvath & TremblayMore Info
201-215-1806

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Marc MathelierHorvath & TremblayMore Info
201-215-1806

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