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Brick Apartment Building with 8 Units
For Sale
$1,285,000

2103 WEST ST, Union City, NJ 07087

Brick apartment building with eight units generating $113,340 in gross income annually in Union City.

Property SizeContact for details
Days on Market169

Property Features for 2103 WEST ST

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Business Included Yes
Multifamily Units 8

Amenities

3
Listing Agency: REMAX OUR TOWN
Listed By: LOURDES ROMERO · License #9909983 (NJ)
Source: Xome
Added: Mar 21 Changed: Sep 1 Last Checked: Sep 5 at 5:37AM

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 REMAX OUR TOWN

Investment Insights

Based on property information with market context.

This investment brick apartment building features eight units and generates $113,340.00 per year in gross income. The property is presented as a brick multifamily asset suitable for income-focused ownership.

The building is located at 2103 West St in Union City, NJ. Public remarks indicate it is within short distance to NYC transportation, as well as nearby schools, restaurants, and shopping.

With eight residential units in place, the property offers a straightforward multifamily configuration for buyers seeking a cash-flowing brick building in Union City.

Key Highlights

  • Brick apartment building with 8 units in Union City
  • Generates $113,340 per year in gross income
  • Guest facilities available (3)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tattoo & Piercing Shop Nursing Home Tanning Salon Restaurant Catering Service Adult Day Care

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

8
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,353
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick apartment building with eight units generating $113,340 in gross income annually in Union City.
Where is this apartment building located?
The property is located at 2103 WEST ST Union City, NJ.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Brick apartment building with 8 units in Union City; Generates $113,340 per year in gross income; Guest facilities available (3)
More about this property
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