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510-514 Observer Hwy
Hoboken, NJ 07030
510-514 Observer Highway, Hoboken, NJ · Multifamily Property For Sale
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5 Units
Investment Highlights
- Two of the three buildings have been fully gut-renovated (14 of 21 units)
- Tenants pay for their own heat, hot water, and electric usage
- 12 minute walk to the Hoboken PATH train with direct access to NYC
- Value-add opportunity to finish renovating remaining 7 units
- All penthouse units have their own private balconies which have partial NYC views
- On-site parking behind building for eight cars | Large lower level office/storage room
Property Facts
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 20,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2000 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 20,000 SF |
| No. Stories | 4 |
| Year Built | 2000 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 5 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,525,300 | |
| Land Assessment | $1,638,800 | Total Assessment | $5,164,100 |
Property Taxes
Parcel Numbers
Land Assessment
$1,638,800
Improvements Assessment
$3,525,300
Total Assessment
$5,164,100
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