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Investment Highlights

  • Direct NJ Transit bus access to Manhattan
  • Access to all major highways including Route 495 and the NJ Turnpike
  • Desirable Location
  • Close proximity to the Lincoln Tunnel
  • Strong local retail, restaurants, and neighborhood amenities

Executive Summary

Century 21 Preferred is pleased to present 2513 West St., a prime multifamily investment opportunity in the heart of Union City, NJ. Location
Overview – Union City, New Jersey. Union City is one of the most densely populated municipalities in Hudson County, known for its strong rental demand and proximity to Manhattan.
Located just minutes from New York City, the area benefits from:
• Direct NJ Transit bus access to Manhattan
• Close proximity to the Lincoln Tunnel
• Access to major highways including Route 495 and the NJ Turnpike
• Strong local retail, restaurants, and neighborhood amenities
Because of its commuter convenience and urban density, Union City continues to maintain strong rental occupancy and consistent investor demand.
Investment Highlights
Stable Cash Flow
Fully occupied building producing reliable rental income.
Desirable Two-Bedroom Layouts
All units feature two-bedroom configurations, which remain highly desirable in the Union City rental market.
Strong Cap Rate
At the asking price, the property offers approximately a 7.09% cap rate, making it an attractive investment opportunity for multifamily investors.
Low Maintenance Construction
All-brick building provides durability and long-term value.
Turnkey Income Property
Well maintained with stable tenants and consistent income stream.

Property Facts

Price $1,095,000
Price Per Unit $156,429
Sale Type Investment
Cap Rate 7.09%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,140 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1922/2000
Zoning R - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 7 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (89)
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.®

Property Taxes

Property Taxes

Parcel Number
10-00143-0000-00014
Land Assessment
$420,000
Improvements Assessment
$654,000
Total Assessment
$1,074,000
  • Listing ID: 39786265

  • Date on Market: 3/15/2026

  • Last Updated:

  • Address: 2513 West St, Union City, NJ 07087

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