7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town

For Sale

4535 Broadway, Union City, NJ 07087

This Union City property for sale is located at 4535 Broadway. The current listed sale price for 7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town is $1,149,888. 7 Unit Multi-family | 6.70% Cap Rate | A+ Location in Town is situated on a lot that is 0.06 acre in size.

Contacts

broker

Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

Property Details

  • Property Type Multi-Family
  • Property Size 4,900 SF
  • Units 7
  • Lot Size 0.06 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Year Renovated 2010
  • Date Updated Oct 22, 2024
Union City is a city in the northern part of Hudson County, in the U.S. state of New Jersey. As of the 2020 United States census, the city was the state's 18th-most-populous municipality, with a population of 68,589, an increase of 2,134 (+3.2%) from the 2010 census count of 66,455, which in turn had reflected a decline of 633 (−0.9%) from the 67,088 counted in the 2000 census. As of the 2010 Census, among cities with a population of more than 50,000, it was the most densely populated city in the United States, with a density of 54,138 per square mile of land. The Census Bureau's Population Estimates Program calculated that the city's population was 65,366 in 2022, ranking the city the 590th-most-populous in the country.The Elia Realty Group (ERG) and Ryan Cooper powered by KW Commercial, are proud to present an exciting new opportunity to own this (x7) unit income producing investment sale. Explore the potential of this exceptional 7-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights: Catering to varied tenant needs with a well-balanced assortment of 1 & 2-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income. Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.

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Highlights

  • Strategically Located just miles from NYC
  • Ideal for "Add Value" asset contribution from ownership
  • Annual Rental Increases of 3% per year

Getting around

  • 97/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Union City, NJ
  • Zip Code 07087
  • Market New Jersey

Points of Interest

  • Port Imperial

    0.41 miles

  • Holiday Taxi

    1.32 miles

  • PATH Elevator

    2.99 miles

  • Hoboken

    3.00 miles

  • Hoboken Terminal

    3.12 miles

  • Secaucus Junction

    3.24 miles

  • Meadowlands

    3.72 miles

  • Grove Street PATH Trains

    4.24 miles

  • Grove Street

    4.24 miles

  • Grove Street (PATH)

    4.26 miles

  • Exxon

    0.21 miles

  • Speedway

    0.55 miles

  • Tesla Supercharger

    0.89 miles

  • Delta

    1.71 miles

  • BP

    1.76 miles

  • Sunoco

    1.83 miles

  • North Lot

    0.41 miles

  • Harry Bain Elementary School Parking Lot

    0.42 miles

  • Walgreens

    0.62 miles

  • Weehawken Public Library

    0.67 miles

  • Union City Post Office

    0.77 miles

  • Port Authority of New York and New Jersey

    0.97 miles

  • Tonnelle Avenue Parking

    1.04 miles

  • Hudson Korean Presbyterian Church Parking Lot

    1.31 miles

  • Jose Marti Field and Recreational Grounds Parking Lot

    1.31 miles

  • North Bergen Park & Ride

    1.34 miles

  • Residence Inn

    0.36 miles

  • EnVue

    0.36 miles

  • Super 8 North Bergen

    1.11 miles

  • Fountain Motel

    1.15 miles

  • Best Western

    1.18 miles

  • Meadowlands View

    1.23 miles

  • Days Hotel

    1.26 miles

  • Sheraton Lincoln Harbor

    1.37 miles

  • Hyatt Place

    1.40 miles

  • Extended Stay America

    1.44 miles

  • Tower Plaza

    0.30 miles

  • Lidl

    0.31 miles

  • La Fiesta Supermarket

    0.52 miles

  • ABC Super Store

    0.55 miles

  • Food Bazaar

    0.56 miles

  • Charlie's Grocery Store

    0.56 miles

  • Grocery Store

    0.59 miles

  • Acme

    0.66 miles

  • Fine Fair

    0.66 miles

  • ShopRite

    0.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee