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814 76th St 8 Unit Apartment Building $2,200,000 ($275,000/Unit) 5.19% Cap Rate North Bergen, NJ 07047
Investment Highlights
- Private, Parking Rich Multifamily Asset
- Prime North Bergen Location with NYC Access
- Assemblage and Expansion Potential
Executive Summary
Rare opportunity to acquire a private 8-unit (4 - 2BR & 4 - 1BR) multifamily asset located on a flag lot set back from 76th Street, offering exceptional privacy, minimal street exposure, and a highly desirable residential setting. Properties with this level of separation and parking are increasingly scarce in North Bergen.The building includes approximately 10 on site parking spaces, a major competitive advantage that supports strong tenant demand, rent stability, and future upside. The asset is well suited for investors seeking a secure hold in a supply constrained submarket.
**ADDITIONAL OPPORTUNITY**
A separately deeded two family residence on the same lot will be offered for sale separately and made available to any purchaser of the 8 unit property. The two family also includes on site parking, presenting a unique opportunity to control multiple income producing buildings in a single, private setting ideal for portfolio consolidation and operational efficiencies.The property is located near shopping, parks, and everyday amenities, with easy access to public transportation offering direct connectivity to New York City.
**ADDITIONAL OPPORTUNITY**
A separately deeded two family residence on the same lot will be offered for sale separately and made available to any purchaser of the 8 unit property. The two family also includes on site parking, presenting a unique opportunity to control multiple income producing buildings in a single, private setting ideal for portfolio consolidation and operational efficiencies.The property is located near shopping, parks, and everyday amenities, with easy access to public transportation offering direct connectivity to New York City.
Data Room Click Here to Access
Property Facts
| Price | $2,200,000 | Building Class | C |
| Price Per Unit | $275,000 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 5,772 SF |
| Cap Rate | 5.19% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R1 - Apartments | ||
| Price | $2,200,000 |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Cap Rate | 5.19% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,772 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R1 - Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
Walk Score®
Walker's Paradise (93)
Property Taxes
| Parcel Number | 08-00317-0000-00090-03 | Improvements Assessment | $686,400 |
| Land Assessment | $120,000 | Total Assessment | $806,400 |
Property Taxes
Parcel Number
08-00317-0000-00090-03
Land Assessment
$120,000
Improvements Assessment
$686,400
Total Assessment
$806,400
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Presented by
Triumph Group Real Estate, LLC
814 76th St
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