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Opportunity Zone

601-603 Bergenline Avenue

Mixed Use | 6.69% CAP | 3,279 SF

Listing Contacts

Active

Asking Price: $1,950,000
Address 

601 Bergenline Ave, Union City, NJ 07087

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Date Added
Mar 7, 2025
Days on Market
43 days
Time Since Last Update
43 days

Details

Property TypeMixed Use, Multifamily
SubtypeApartment Building
Square Footage3,279
Cap Rate6.69%
NOI$130,417
Units8
Year Built1913
ZoningR-1
Lot Size (acres)0.06
IntelligenceINTELLIGENCE
Explore more in-depth Comp & Record details for this property. Explore

Marketing Description

GFI Realty Services is pleased to present the exclusive offering of 601-603 Bergenline Avenue, a 4-story walk-up apartment building in Union City, NJ, featuring seven residential units—one one-bedroom, three two-bedroom, and three three-bedroom apartments—as well as a commercial space in the rear of the asset currently occupied by a body shop.​ With a parking space available, the property is conveniently situated just blocks from the waterfront and Washington Park, and offers a 20-minute drive to Midtown Manhattan via the Lincoln Tunnel, alongside access to the Central Avenue retail corridor.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,417.00
$10,868.08/mo

Valuation Metrics

0
DSCR
6.69%
Cap Rate
6.69%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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