75 Unit Hoboken Portfolio
7 Building, 75-Unit Hoboken Portfolio
Marketing description
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in the 75-Unit Hoboken Portfolio for sale. The portfolio consist of 7 properties and includes 216 Jefferson Street (8 Units), 303 First Street (10 Units), 500 Monroe Street (8 Units), 929 Willow Avenue (11 Units), 1224 Washington Street (10 Units), 1229 Park Avenue (11 Units), and 1327 Willow Avenue (17 Units). Of the 75 Units, 70 are apartment units and 5 are ground floor commercial units.
Collectively, these assets provide immediate scale within one of the region’s most established and resilient urban rental markets. Hoboken’s enduring appeal is rooted in its unmatched accessibility to Manhattan, vibrant street life, and waterfront setting, which together sustain deep and consistent renter demand across economic cycles. The portfolio offers a rare opportunity to acquire a meaningful foothold in this tightly held submarket. While the locations provide inherent stability, the in-place rent profile creates a clear runway for upside. As units turn over, a new owner can modernize interiors and capture prevailing market rents, allowing investors to benefit from both durable cash flow and organic growth within one of the New York metro’s most coveted residential enclaves.
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