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6-Unit Brick Apartment Building
For Sale
Contact for pricing
Pending

317 9th Street, Union City, NJ 07087

Multifamily property with varied unit layouts and a basement unit requiring completion of its kitchen and bath.

Property SizeContact for details
Days on Market144

Property Features for 317 9th Street

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence Kitchen & Bath in Basement Unit needs finishing

Units

Unit Mix 5 x 1BR, 1 x 3BR
Multifamily Units 6

Additional Details

Cap Rate 6.25%
Public Transit Yes

Building Details

Construction brick
Listing Agency: RE/MAX Competitive Edge
Listed By: NADEEM QAVI · License #1109799
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 2:29PM

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 RE/MAX Competitive Edge

Investment Insights

Based on property information with market context.

This six-unit brick apartment building includes five one-bedroom units and one three-bedroom unit, providing a distinct mix within the property. The basement unit has a kitchen and bathroom that require finishing, creating an identified improvement item. A possible condominium conversion is also noted for the asset, which carries a 6.25% cap rate.

Located at 317 9th Street in Union City, New Jersey, the property offers access to bus and light rail service connecting with the PATH station. Its transit access supports the property's stated appeal to commuters traveling toward New York City.

Key Highlights

  • Six‑unit brick apartment building at 317 9th Street
  • Unit mix includes five 1‑bedroom units and one 3‑bedroom unit
  • Basement unit has a kitchen and bath requiring finishing

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,206
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 - Multifamily property with varied unit layouts and a basement unit requiring completion of its kitchen and bath.
Where is this apartment building located?
The property is located at 317 9th Street Union City, NJ.
What are key features of this property?
This property features: Six‑unit brick apartment building at 317 9th Street; Unit mix includes five 1‑bedroom units and one 3‑bedroom unit; Basement unit has a kitchen and bath requiring finishing
(908) 791-1010 Call to check price and availability
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