3 Locations

INDIVIDUAL OVERVIEWS

518 11th St: 518 11th St contains six (6) 2-Bedroom/1-Bathroom units. Tenants are responsible for paying heat, hot water, gas, and electric, while the Landlord is responsible for paying municipal water & sewer.

521 12th St: 521 12th St contains six (6) 2-Bedroom/1-Bathroom units. Tenants are responsible for paying gas and electric, while the Landlord is responsible for paying heat, hot water, and municipal water & sewer.

410 Monastery Pl: 410 Monastery Pl contains five (5) 2-Bedroom/1-Bathroom units and two (2) Studio units. Tenants are responsible for paying gas and electric, while the Landlord is responsible for paying heat, hot water, and municipal water & sewer.

ACCESS & CONNECTIVITY

The Properties sit in a transit-rich part of Union City, with nearby NJ Transit bus stops along Summit Ave serving 10th, 11th, and 12th Streets, including routes 83, 85, and 87. Union City’s broader bus network also includes highfrequency service along major corridors, with direct service into Port Authority Bus Terminal available on key routes.

While the Portfolio is not directly on a rail line, Union City is connected to the regional rail network through nearby Hudson-Bergen Light Rail access, with the Bergenline Avenue station providing rail connectivity to Hoboken, Jersey City, Weehawken, and other Gold Coast destinations.

The Properties also offer strong highway connectivity, with quick access to the New Jersey Turnpike, Garden State Parkway, and the Lincoln Tunnel corridor for travel into Manhattan and throughout northern New Jersey.

AREA AMENITIES & DEMAND DRIVERS

The Portfolio benefits from a highly desirable location within Union City, one of Hudson County’s most densely populated and transit-accessible communities. The Properties are positioned just minutes from Manhattan, offering residents convenient access to Midtown via NJ Transit bus routes, Route 495, the Lincoln Tunnel, and nearby PATH and Hudson-Bergen Light Rail connections.

Major employers throughout nearby Jersey City, Hoboken, Secaucus, and Newark include financial services firms, healthcare systems, logistics operators, technology companies, and corporate offices, while Manhattan provides access to one of the largest concentrations of employment in the world across the finance, technology, media, healthcare, education, and professional services sectors.

Additional demand drivers include proximity to major institutions such as the Meadowlands Sports Complex, Hudson County’s growing life sciences and technology sectors, and numerous healthcare providers including major regional hospitals.

UTILITIES

Tenants at 518 11th St are responsible for heat, hot water, gas, and electric, while tenants at 521 12th St and 410 Monastery Pl are responsible for their own gas and electric. The Landlord is responsible for providing heat and hot water to 521 12th St and 410 Monastery Pl, while also providing municipal water & sewer to all Properties within the Portfolio.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 100,500 people live within 1 mile of the Property with an average household income of $166,627. Over 729,600 people reside within 3 miles of the Property with an average household income of $219,441.

QUALITY OF LIFE AMENITIES

The Properties are located near the vibrant Bergenline Avenue commercial corridor, often referred to as the “Miracle Mile,” which features an extensive selection of dining options ranging from national brands and quick-service restaurants such as McDonald’s, Dunkin’, Wendy’s, Taco Bell, Subway, and Popeyes to highly regarded local favorites offering Cuban, Colombian, Dominican, and other Latin American cuisines.

Nearby retail options include national convenience brands such as 7-Eleven, Walgreens, CVS, and QuickChek, as well as grocery destinations including ShopRite, ACME Markets, Lidl, and various neighborhood specialty markets.

Residents also benefit from proximity to larger shopping destinations throughout North Bergen, Secaucus, and Jersey City, including Mill Creek Mall, Plaza at Harmon Meadow, Target, Walmart, Home Depot, Best Buy, and numerous national retailers.

Outdoor recreation opportunities are abundant, with Washington Park offering athletic fields, walking paths, playgrounds, and green space just minutes away. Additional recreational amenities can be found along the Hudson River waterfront in neighboring Hoboken, Weehawken, and Jersey City.