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Six-Unit Multifamily with Garages
For Sale
Contact for pricing
Pending

1213 Bergenline Ave, Union City, NJ 07087

Six rental units include three one-bedrooms and three two-bedrooms, with one-car garages plus an extra parking space.

Property SizeContact for details
Days on Market126

Property Features for 1213 Bergenline Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 6.72%
Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: eXp Commercial, LLC
Listed By: Aleksandr Pritsker · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 13 at 3:02PM

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 eXp Commercial, LLC

Investment Insights

Based on property information with market context.

This six-unit multifamily property includes three one-bedroom, one-bath apartments and three two-bedroom, one-bath apartments. Parking is supported by one-car garages, along with an additional parking space that generates monthly income based on the seller’s figures.

The property is described as rent controlled, with current tenants noted as long-term residents. The public remarks also indicate that rent-check documentation and related income materials can be provided through the reviewing attorney.

According to the information provided, the offering includes average annual water/sewer expenses, along with listed figures for taxes and insurance. The seller also notes the property was acquired as part of a portfolio and is being marketed for sale because it is considered too small to redevelop for the prior ownership group.

Key Highlights

  • 6‑family in Union City with total monthly income of $6,680 ($80,160 annually, per provided remarks)
  • Rent‑controlled building with 6 long‑term tenants who have no interest in leaving (per provided remarks)
  • Unit mix: 3 one‑bedroom/1‑bath and 3 two‑bedroom/1‑bath apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop 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.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,503
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six rental units include three one-bedrooms and three two-bedrooms, with one-car garages plus an extra parking space.
Where is this apartment building located?
The property is located at 1213 Bergenline Ave Union City, NJ.
What are key features of this property?
This property features: 6‑family in Union City with total monthly income of $6,680 ($80,160 annually, per provided remarks); Rent‑controlled building with 6 long‑term tenants who have no interest in leaving (per provided remarks); Unit mix: 3 one‑bedroom/1‑bath and 3 two‑bedroom/1‑bath apartments
More about this property
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