16-Unit Apartment
5517 Grant Pl, West New York, NJ 07093
For Sale
Contact for pricing
Four-story rental asset near the 49th Street Light Rail station, with service to Hoboken, Jersey City, and Manhattan.
Property SizeContact for details
Days on Market47
Property Features for 5517 Grant Pl
General Information
Standard status
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Buildings
Stories
Listing Agency:
Cervelli Real Estate & Property Management
Listed By:
Chris Cervelli · License #9807944
(201) 868-6300
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:31PM
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 Cervelli Real Estate & Property Management
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Investment Insights
Based on property information with market context.
This four-story multifamily property contains 16 apartments. Its location near the 49th Street Light Rail station provides connections to Hoboken, Jersey City, and Manhattan.
West New York’s capital improvement allowance permits qualifying renovation costs to be passed through as rent increases outside standard rent control limits. The allowance provides a defined mechanism for recovering eligible improvement costs.
West New York’s capital improvement allowance permits qualifying renovation costs to be passed through as rent increases outside standard rent control limits. The allowance provides a defined mechanism for recovering eligible improvement costs.
Key Highlights
- 16 apartments across four stories
- Near the 49th Street Light Rail station, with connections to Hoboken, Jersey City, and Manhattan
- Qualifying renovation costs may be passed through as rent increases outside standard rent control limits under West New York’s capital improvement allowance
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
4,434
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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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 - Four-story rental asset near the 49th Street Light Rail station, with service to Hoboken, Jersey City, and Manhattan.
Where is this apartment building located?
The property is located at 5517 Grant Pl West New York, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 16 apartments across four stories; Near the 49th Street Light Rail station, with connections to Hoboken, Jersey City, and Manhattan; Qualifying renovation costs may be passed through as rent increases outside standard rent control limits under West New York’s capital improvement allowance
