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4312 Kennedy Blvd

6 Unit Apartment Building $1,495,000 ($249,167/Unit) 7% Cap Rate Union City, NJ 07087

Apartment Buildings New Jersey Union City 4312 Kennedy Blvd, Union City, NJ 07087

Investment Highlights

  • Great Main Street Location
  • Vacant Store ready for your business
  • Corner Property

Executive Summary

Located on the corner of the vibrant Kennedy Blvd in Union City bordering North Bergen, this mixed-use property is a fantastic investment opportunity. It features five fully occupied rent-controlled apartments with active registrations, and two garage spaces rented at $400/month (not rent-controlled). The property includes a spacious retail store (approx. 25x60 ft) with a full basement and direct entry—ideal for owner use or rental. The roof is recently recoated and leak-free. All units have separate utilities. Union City’s rapid growth and proximity to NYC make this a must-see property!

Attachments

NOI

Data Room Click Here to Access

Property Facts

Price $1,495,000 Building Class C
Price Per Unit $249,167 Lot Size 0.05 AC
Sale Type Investment Building Size 10,227 SF
Cap Rate 7% Average Occupancy 80%
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1910
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 Parking Ratio 0.2/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,495,000
Price Per Unit $249,167
Sale Type Investment
Cap Rate 7%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 10,227 SF
Average Occupancy 80%
No. Stories 3
Year Built 1910
Parking Ratio 0.2/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 10-00254-0000-00026 Improvements Assessment $847,500
Land Assessment $360,000 Total Assessment $1,207,500

PROPERTY TAXES

Parcel Number
10-00254-0000-00026
Land Assessment
$360,000
Improvements Assessment
$847,500
Total Assessment
$1,207,500

zoning

Zoning Code R (The zoning for 4312 Kennedy Blvd in Union City is commercial)
R (The zoning for 4312 Kennedy Blvd in Union City is commercial)
(551) 208-4864

Contact

  • Listing ID: 34098076

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 4312 Kennedy Blvd, Union City, NJ 07087

More public record information on 4312 Kennedy Blvd, Union City, NJ 07087

The Multifamily Property at 4312 Kennedy Blvd, Union City, NJ 07087 is currently available for sale. Contact RE/MAX Waterfront for more information.

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4312 Kennedy Blvd
(551) 208-4864 x

4312 Kennedy Blvd

David Bartz

(551) 208-4864

(551) 208-4864

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