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Union City Portfolio 3 Multifamily Properties Offered at $2,400,000 in Union City, NJ
Investment Highlights
- Access & Connectivity
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Union City Portfolio, a multi-family investment portfolio located at 518 11th St, 521 12th St, and 410 Monastery Pl in Union City, NJ (the “Portfolio” or the “Properties”). The Portfolio contains seventeen (17) 2-Bedroom/1-Bathroom units and two (2) Studio units with 12,375 square feet of gross living area in 14,000 square feet of gross area. 518 11th St and 521 12th St both contain six (6) 2-Bedroom/1-Bedroom units each, while 410 Monastery Pl contains five (5) 2-Bedroom/1-Bathroom units and two (2) Studio units. The Portfolio is spread across 0.17-acres of land and features on-street parking. The Portfolio is strategically located in Union City, offering residents convenient access to one of Northern New Jersey’s most densely populated and transit-oriented urban markets. Situated within established residential neighborhoods, the properties benefit from close proximity to neighborhood retail corridors, local dining destinations, and community amenities, while providing seamless connectivity to major regional transportation routes including Kennedy Boulevard, Bergenline Avenue, Route 495, and the New Jersey Turnpike.
Property Facts
| Price | $2,400,000 | Number of Properties | 3 |
| Price / SF | $223.73 / SF | Individually For Sale | 0 |
| Cap Rate | 6.37% | Total Building Size | 10,727 SF |
| Sale Type | Investment | Total Land Area | 0.18 AC |
| Status | Active |
| Price | $2,400,000 |
| Price / SF | $223.73 / SF |
| Cap Rate | 6.37% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,727 SF |
| Total Land Area | 0.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 410 Monastery Pl, Union City, NJ 07087 | Multifamily | 4,568 SF | 1929 | - |
| 521 12th St, Union City, NJ 07087 | Multifamily | 4,284 SF | 1898 | - |
| 518 11th St, Union City, NJ 07087 | Multifamily | 1,875 SF | 1900 | - |
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Union City Portfolio
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