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4312 Kennedy Blvd 6 Unit Apartment Building $1,495,000 ($249,167/Unit) 7% Cap Rate 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!
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Property Facts
Amenities
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (85)
Property Taxes
| Parcel Number | 10-00254-0000-00026 | Improvements Assessment | $947,300 |
| Land Assessment | $360,000 | Total Assessment | $1,307,300 |
Property Taxes
Parcel Number
10-00254-0000-00026
Land Assessment
$360,000
Improvements Assessment
$947,300
Total Assessment
$1,307,300
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4312 Kennedy Blvd
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