908-675-5703
7215 Bergenline Ave, North Bergen, NJ for Sale
Apartments - FOR SALE
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7215 Bergenline Ave
North Bergen, NJ 07047


HIGHLIGHTS

  • Significant below-market residential rents offer value-add upside upon turnover
  • Established retail tenants with leases extending through 2030-2037
  • Built-in retail rent escalations provide predictable, growing income
  • Diversified income with residential, retail, billboard and cell tower leases
  • Brick construction with proven long-term durability
  • Historical 100% occupancy reflects Hudson County's chronically undersupplied rental market

OVERVIEW

The property is a five-story building with 21 residential units and 2 retail units. The building also has a billboard and cell towers which provide additional income.

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,877 SF

ZONING

C1, 4C

APN/PARCEL ID

08-00271-0000-00003

ASK ABOUT THIS PROPERTY

Thomas ScatuorchioThe Kislak Company, Inc.More Info
908-675-5703

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Thomas ScatuorchioThe Kislak Company, Inc.More Info
908-675-5703

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