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Duplex with Walk-Out Basement
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1507 Kerrigan Avenue, Union City, NJ 07087

Two-family property with flexible occupancy options and substantial recent building-system updates.

Property SizeContact for details
Days on Market40

Property Features for 1507 Kerrigan Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Listing Agency: Reapex
Listed By: Ramzi Jaloudi
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 31 at 12:46PM

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 Reapex

Investment Insights

Based on property information with market context.

This two-family duplex includes a finished walk-out basement and matching layouts of three bedrooms and one bathroom per unit. The upper-level residence is occupied under a month-to-month arrangement, while the first-floor unit and lower level are vacant for immediate use.

Recent work includes installation of a new roof, windows, water heaters, and furnaces. The property is located at 1507 Kerrigan Avenue in Union City, New Jersey 07087, combining a residential income configuration with current owner-occupant flexibility.

Key Highlights

  • Two‑family duplex with a finished walk‑out basement
  • Each unit includes 3 bedrooms and 1 bathroom
  • First‑floor unit and lower level are vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Acupuncture Tanning Salon Catering Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,707
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?
Duplex - Two-family property with flexible occupancy options and substantial recent building-system updates.
Where is this duplex located?
The property is located at 1507 Kerrigan Avenue Union City, NJ.
What are key features of this property?
This property features: Two‑family duplex with a finished walk‑out basement; Each unit includes 3 bedrooms and 1 bathroom; First‑floor unit and lower level are vacant
More about this property
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