Listing Agency: NEW JERSEY HOMES AND ESTATES G***@gmail.com

Listed By: ZVONKO VESKOV

Source: Corcoran

Added: Jun 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This six-unit multifamily property presents an investment opportunity in a rapidly growing area. The property offers potential for increased value through upgrades. Its location provides convenient access to transit and proximity to New York City. The property is suited for investors seeking both cash flow and appreciation.

Key Highlights

• 6‑unit property offers strong upside potential.
• Great location near transit.
• Minutes from NYC.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Tattoo & Piercing Shop Nursing Home Catering Service Adult Day Care Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,909

Businesses Nearby

Explore this area Business Placement

Demographics for 07087, NJ

68,611

Population

27,442

Households

2.5

Avg Household Size

36

Median Age

28%

College-Educated

77%

High-School Grad

1.3 sq mi

ZIP Area

52,778

Density / Sq Mi

$65,369

Median Household Income

$35,041

Median Earnings

$1,489

Median Rent

$446,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Six-unit property with upside potential in a growing area.

Where is this apartment building located?

The property is located at 109 33RD ST Union City, NJ.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: 6‑unit property offers strong upside potential.; Great location near transit.; Minutes from NYC.