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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, retail, billboard and cell tower leases
  • Historical 100% occupancy reflects Hudson County's chronically undersupplied rental market

Executive Summary

The property is a five-story building with 21 residential units and 2 retail units. The building also has a billboard and cell towers which provide additional income.

Property Facts

Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.11 AC
Building Size 17,150 SF
No. Stories 5
Year Built 1915
Zoning C1, 4C - Apartments
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
08-00271-0000-00003
Land Assessment
$341,800
Improvements Assessment
$2,220,700
Total Assessment
$2,562,500
  • Listing ID: 40867624

  • Date on Market: 6/10/2026

  • Last Updated:

  • Address: 7215 Bergenline Ave, North Bergen, NJ 07047

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