Multifamily Income
For Sale
Contact for pricing
Pending
1306 New York Ave, Union City, NJ 07087
A 13-unit apartment building with in-unit forced air heating and cooling and separately metered utilities.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market142
Property Features for 1306 New York Ave
General Information
Standard status
Pending
Lot size
0.12 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
13
Amenities
laundry
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6121
Listed By:
Jonathan Zamora · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 29 at 11:07PM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
This multifamily income property includes 9 one-bedroom, 1-bath apartments and 4 two-bedroom apartments. Each unit has separate metering for water, gas, hot water, and electric, with a subpanel in each apartment. Forced air units serve both heating and air conditioning in every unit.
The building is situated on a 42x127 lot. Laundry machines in the basement generate an additional $120 per month in income.
The property features 13 total residential units and is marketed for sale with note of potential improvements related to rents and parking, as well as a referenced option for converting to condominiums in the area.
The building is situated on a 42x127 lot. Laundry machines in the basement generate an additional $120 per month in income.
The property features 13 total residential units and is marketed for sale with note of potential improvements related to rents and parking, as well as a referenced option for converting to condominiums in the area.
Key Highlights
- 13‑unit apartment building on a 42x127 lot in Union City, NJ
- Unit mix includes 9 one‑bedroom, 1 bathroom apartments and 4 two‑bedroom apartments
- Separately metered utilities: water, gas, hot water, and electric with a subpanel in each apartment
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
3,375
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A 13-unit apartment building with in-unit forced air heating and cooling and separately metered utilities.
Where is this apartment building located?
The property is located at 1306 New York Ave Union City, NJ.
What are key features of this property?
This property features: 13‑unit apartment building on a 42x127 lot in Union City, NJ; Unit mix includes 9 one‑bedroom, 1 bathroom apartments and 4 two‑bedroom apartments; Separately metered utilities: water, gas, hot water, and electric with a subpanel in each apartment
