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Class A Apartment Building with Amenities
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123 44th St, Union City, NJ 07087

Class A 80-unit multifamily community completed in 2018, offering a fitness center and outdoor sundeck.

Property SizeContact for details
Days on Market122

Property Features for 123 44th St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CBRE - Saddle Brook
Listed By: Fahri Ozturk · License #NJ 1430421
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Saddle Brook

Investment Insights

Based on property information with market context.

One23 Apartments is a Class A 80-unit multifamily community completed in 2018. The property features oversized apartments, averaging 1,057 SF, within a 100% market-rate operating profile. The amenity package includes a fitness center and an outdoor sundeck.

Located in Union City, the community is less than 1 mile from the Lincoln Tunnel and the Port Imperial / Weehawken Ferry Terminal. The property is described as having a 97 Walk Score and provides residents access to New York City in under 20 minutes.

The building is positioned within Union City’s live-work-play environment, with nearby dining, shopping, and entertainment options referenced as immediately accessible.

Key Highlights

  • Class A 80‑unit multifamily community completed in 2018 (100% market rate)
  • Oversized units averaging 1,057 SF
  • Amenities include a fitness center and an outdoor sundeck

Property Analytics

Current Use

ONE23 Rental Apartments Apartment Building One 23 Apartments Apartment Building CTC Mechanical LLC ... HVAC Service

Suggested Use

Top Pick Nursing Home Tanning Salon Catering Service (Bike/Boat/Book/etc) Store Coworking & Hybrid Office Tattoo & Piercing Shop

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

4,823
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Class A 80-unit multifamily community completed in 2018, offering a fitness center and outdoor sundeck.
Where is this apartment building located?
The property is located at 123 44th St Union City, NJ.
What are key features of this property?
This property features: Class A 80‑unit multifamily community completed in 2018 (100% market rate); Oversized units averaging 1,057 SF; Amenities include a fitness center and an outdoor sundeck
(201) 712-5841 Call to check price and availability
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