Listing Agency: Cervelli Real Estate & Property Management Show Phone

Listed By: Chris Cervelli · License #9807944

Source: Crexi

Added: Apr 12 Changed: Aug 11 Last Checked: Aug 21 at 4:31PM

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Investment Insights

Based on property information with market context.

This property is a multifamily apartment building offered for sale with seven units. It is categorized as residential income housing and is positioned as a compact, income-generating asset.

The property is located at 4625 Broadway in Union City, New Jersey.

Key Highlights

• 7‑unit multifamily property, well‑suited for income use.

Property Analytics

Property Profile

Current Use

Los Laureles Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Acupuncture Catering Service Tanning Salon 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.

Lease Details

7

Residential units

Location Intelligence

Trade Area within ½ mile

4,865

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

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Frequently Asked Questions

What type of property is this?

Apartment building - Well-suited for income use as a seven-unit multifamily property.

Where is this apartment building located?

The property is located at 4625 Broadway Union City, NJ.

What are key features of this property?

This property features: 7‑unit multifamily property, well‑suited for income use.