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526 Lincoln St
Union City, NJ 07087
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6-unit multifamily building with garage parking and a mix of one- and three-bedroom units.
- Prime Union City location just under 20 minutes from Midtown Manhattan via public transit.
- Building is a 2-minute walk to JFK Blvd at 43rd St bus stop with direct Manhattan access.
- Offered at a 7.00% cap rate and $161,000 per unit, providing strong investment value.
- Tenants pay cooking gas and electric; landlord covers heat, hot water, and water/sewer.
- Strong renter demand and limited new supply support long-term rental stability.
Executive Summary
Patrick Forde
Matthews Real Estate Investment Services, Inc
License # 2330333, 122887 (NJ)
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 2330333, 122887 (NJ)
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550
Property Facts
| Price Per Unit | $160,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7% | Building Size | 4,800 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R | ||
| Price Per Unit | $160,500 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 4,800 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | R |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 10-00254-0000-00034 | Improvements Assessment | $547,400 |
| Land Assessment | $360,000 | Total Assessment | $907,400 |
Property Taxes
Parcel Number
10-00254-0000-00034
Land Assessment
$360,000
Improvements Assessment
$547,400
Total Assessment
$907,400
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