Union City Multifamily Investment
3301 Pleasant Ave, Union City, NJ 07087
Portfolio of three buildings with nine units near Port Authority.
Type:Multifamily
- Added:
- Jan 8, 2026
- Days on Market:
- 126
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 3301 Pleasant Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing agent Clay Mason License #0678808
Listing office LivX
Listing date Jan 8, 2026
Source Crexi
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 LivX
HighLights
- Portfolio of three fully‑rented buildings with nine 2‑bedroom, 1‑bath units, providing immediate and consistent cash flow.
- Prime location near the Port Authority of NY and NJ, offering a 10‑minute commute to Manhattan via the Lincoln Tunnel.
- Attractive cap rate of approximately 6.88%, indicating a strong return on investment.
- Individual condominium units allow for separate taxation, simplifying management.
- Rent‑stabilized properties with a strong, consistent rental history and well‑maintained condition.
- Includes 4 exclusive parking spaces, a valuable amenity.
Overview
Located in Union City, New Jersey, this portfolio features three low-rise brick buildings situated at the intersection of Pleasant Avenue and 33rd Street. The offering includes nine units, each with two bedrooms and one bathroom. Tenants are responsible for covering their own electric heat and gas expenses. The properties benefit from four exclusive parking spaces. The location provides convenient access to Weehawken and is approximately one minute from the Port Authority of NY and NJ. Hudson Yards, the Garment District, and Madison Square Garden are reachable within about 10 minutes via the Lincoln Tunnel. The properties have a consistent rental history and are fully rented and well-maintained. The cap rate is approximately 6.88%. Each unit is an individual condominium, allowing for separate taxation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0249827
- Latitude
- 40.768563
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Portfolio of three buildings with nine units near Port Authority.
Where is this apartment building located?
The property is located at 3301 Pleasant Ave Union City, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Portfolio of three fully‑rented buildings with nine 2‑bedroom, 1‑bath units, providing immediate and consistent cash flow.; Prime location near the Port Authority of NY and NJ, offering a 10‑minute commute to Manhattan via the Lincoln Tunnel.; Attractive cap rate of approximately 6.88%, indicating a strong return on investment.
