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Investment Highlights

  • one-bedroom apartments
  • Three-story building
  • Convenient access to NYC buses and public transportation
  • excellent location
  • Green card complianr
  • Ideal long-term hold with stable cash flow

Executive Summary

Exceptional 11-Unit Investment Opportunity – Union City, NJ
Rare opportunity to acquire a well-maintained 11-unit multifamily investment property in one of Union City's most desirable rental locations. Situated just off sought-after West Street, this income-producing asset features eleven one-bedroom apartments, including one unit with direct access to a private backyard. The property sits on an approximately 25' x 100' lot and generates a strong rental income with long-term investment potential.
Ideally positioned just minutes from New York City transportation, shopping, restaurants, parks, and neighborhood conveniences, this turnkey investment offers consistent tenant demand in one of Hudson County's strongest rental markets. With Green Card compliance already completed, this property presents an outstanding opportunity for both seasoned investors and those looking to expand their portfolio.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $90,708 $26.16
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,708 $26.16
Taxes $37,479 $10.81
Operating Expenses $26,614 $7.67
Total Expenses $64,093 $18.48
Net Operating Income $26,615 $7.67

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $90,708
Annual Per SF $26.16
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $90,708
Annual Per SF $26.16
Taxes
Annual $37,479
Annual Per SF $10.81
Operating Expenses
Annual $26,614
Annual Per SF $7.67
Total Expenses
Annual $64,093
Annual Per SF $18.48
Net Operating Income
Annual $26,615
Annual Per SF $7.67

Property Facts

Price $995,000
Price Per Unit $90,455
Sale Type Investment
Cap Rate 6.44%
No. Units 11
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,468 SF
No. Stories 3
Year Built 1913
Zoning R - Zoning Zone: R – Residential Current Use: 11-unit multifamily apartment building Lot Size: 25' x 100' (2,500 SF)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+0 11 - -
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
10-00054-0000-00025
Land Assessment
$660,000 (2026)
Improvements Assessment
$186,200 (2026)
Total Assessment
$846,200 (2026)
Annual Taxes
$37,479 ($10.81/SF)
Tax Year
2025
  • Listing ID: 41390915

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 606 11th St, Union City, NJ 07087

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