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Investment Highlights
- Significant below-market residential rents offer value-add upside upon turnover
- Built-in retail rent escalations provide predictable, growing income
- Brick construction with proven long-term durability
- Established retail tenants with leases extending through 2030- 2037
- Diversified income with residential and retail leases
- Historical 100% occupancy reflects Hudson County's chronically undersupplied rental market
Executive Summary
The property is a four-story building with 30 residential units and 4 retail units.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 34 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 33,152 SF |
| Property Subtype | No. Stories | 4 | |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Zoning | RM | ||
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 33,152 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | RM |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 12-00063-0000-00001 | Improvements Assessment | $730,700 |
| Land Assessment | $275,000 | Total Assessment | $1,005,700 |
Property Taxes
Parcel Number
12-00063-0000-00001
Land Assessment
$275,000
Improvements Assessment
$730,700
Total Assessment
$1,005,700
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Contact the Sale Advisor
5806 Hudson Ave



