16-Unit Apartment Building with Renovated
5309 HUDSON AVE, West New York, NJ 07093
For Sale
Contact for pricing
Eleven apartments have received gut renovations in this rent-regulated Northern New Jersey property.
Property SizeContact for details
Days on Market29
Property Features for 5309 HUDSON AVE
General Information
Standard status
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Average Monthly Rent
Additional Details
Multifamily Units
Tenant in Place
Listing Agency:
ICON Real Estate Advisors
Listed By:
David Betesh · License #2296357
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:54PM
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 ICON Real Estate Advisors
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Investment Insights
Based on property information with market context.
The 16-unit apartment property in West New York, New Jersey, includes 11 apartments that have undergone gut renovations. It operates within a rent-regulated environment, with an in-place capitalization rate of 6.73%. Permitted annual rent increases and tenant turnover are identified as ways rental income may change over time.
The property is in Northern New Jersey, with immediate proximity to New York City.
The property is in Northern New Jersey, with immediate proximity to New York City.
Key Highlights
- 16 apartments in a rent‑regulated property
- 11 of 16 apartments have undergone gut renovations
- In‑place capitalization rate of 6.73%
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
4,931
Businesses Nearby
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Business Placement
Demographics for 07093, NJ
64,929
Population
27,451
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
54,108
Density / Sq Mi
$70,389
Median Household Income
$37,229
Median Earnings
$1,619
Median Rent
$390,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Apartment buildings in Hudson County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Eleven apartments have received gut renovations in this rent-regulated Northern New Jersey property.
Where is this apartment building located?
The property is located at 5309 HUDSON AVE West New York, NJ.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 16 apartments in a rent‑regulated property; 11 of 16 apartments have undergone gut renovations; In‑place capitalization rate of 6.73%
