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4312 Kennedy Blvd

5 Unit Apartment Building $2,119,043 CAD ($423,809 CAD/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 $2,119,043 CAD Building Class C
Price Per Unit $423,809 CAD Lot Size 0.05 AC
Sale Type Investment Building Size 10,227 SF
Cap Rate 7% Average Occupancy 80%
No. Units 5 No. Stories 3
Property Type Multifamily Year Built/Renovated 1910/2024
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 $2,119,043 CAD
Price Per Unit $423,809 CAD
Sale Type Investment
Cap Rate 7%
No. Units 5
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/Renovated 1910/2024
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 $1,192,585 CAD
Land Assessment $506,585 CAD Total Assessment $1,699,170 CAD

PROPERTY TAXES

Parcel Number
10-00254-0000-00026
Land Assessment
$506,585 CAD
Improvements Assessment
$1,192,585 CAD
Total Assessment
$1,699,170 CAD

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

  • Listing ID: 34098076

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 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.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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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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