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6-Unit Apartment Building
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326 32nd Street, Union City, NJ 07087

Fully occupied multifamily property with two-bedroom residences, individual utilities, and central air conditioning.

Property SizeContact for details
Days on Market4

Property Features for 326 32nd Street

General Information

Standard status Active
Property subtype 5+ Mixed Units
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Cap Rate 7%

Amenities

Central A/C

Building Details

Year Built 1900
Listing Agency: RE/MAX SELECT - Montville
Listed By: Michael Gabriel · License #299726
Source: Capmarkrealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 24 at 7:40AM

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 SELECT - Montville

Investment Insights

Based on property information with market context.

Built in 1900, this six-unit apartment building contains six two-bedroom, one-bath residences. Every apartment has central air conditioning and separate utilities, while the property is currently 100% occupied. The asset is reported at an approximately 7% cap rate.

The property is located at 326 32nd Street in Union City, NJ, with access to Manhattan-bound public transportation, the Lincoln Tunnel, major roadways, shopping, restaurants, schools, and everyday services. Its Hudson County setting provides a direct connection to the New York City commuter network.

Key Highlights

  • Six 2‑bedroom, 1‑bath apartments
  • 100% occupied
  • Separate utilities for each apartment

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,128
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Fully occupied multifamily property with two-bedroom residences, individual utilities, and central air conditioning.
Where is this apartment building located?
The property is located at 326 32nd Street Union City, NJ.
What are key features of this property?
This property features: Six 2‑bedroom, 1‑bath apartments; 100% occupied; Separate utilities for each apartment
More about this property
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