Downtown Union City Apartments — Sale in Union City, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Union City, NJ 07087

Photos

Downtown Union City Apartments — Sale in Union City, NJ, photo 1 of 2
Downtown Union City Apartments — Sale in Union City, NJ, photo 2 of 2

Investment Figures

Cap rate
6.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present 611 12th Street, Union City, Hudson County, New Jersey. Investment Highlights: • Separately Metered Utilities – Gut Renovated in 1999, with Separate Metering for Heat, Hot Water, Cold Water, and Sewer, Minimizing Landlord Operating Expenses. • Value-Add Potential – Opportunity to Increase NOI Through Annual Rent Increases and Operational Efficiencies. • Strong Union City Tenant Base – Consistent Demand for Rental Housing in an Established Hudson County Market.

Market Context

This multifamily in Union City, NJ is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Union City, NJ — view the full market.

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