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8-Unit Rental Apartment Building

715 22nd Union City, NJ 07087

715 22nd, Union City, NJ, 07087
$1,000,000
For Sale
$1,000,000

Fully occupied 8-unit rental property generating gross income of $11,000 monthly.

Days on Market15

Property Features for 715 22nd

General Information

Standard status
Active
Property subtype
Commercial
Listing Agency MENDEZ GRP LLC
Listed by DESTINY GONZALEZ
Source Corcoran
Added: Jul 7 Updated: Jul 10 at 2:14 pm Checked: Jul 21 at 4:49 am

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 MENDEZ GRP LLC


Investment Insights

Based on property information with market context.

This fully occupied 8-unit rental apartment building is income-producing, generating stated gross income of $11,000 per month and $132,000 per year. The offering includes an indicated net operating income of $89,500.

Located in the central area of Union City, the property is described as being within a highly walkable town with access to stores and schools.

The building is presented as a residential income property for sale, with all units currently occupied.

Key Highlights

  • Fully occupied 8‑unit rental property generating $11,000/month gross income
  • Gross income of $132,000 per year
  • Net operating income (NOI) of $89,500

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Tattoo & Piercing Shop Nursing Home Real Estate Agency Nursing Home Restaurant Catering Service Adult Day Care (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied 8-unit rental property generating gross income of $11,000 monthly.
Where is this apartment building located?
The property is located at 715 22nd Union City, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully occupied 8‑unit rental property generating $11,000/month gross income; Gross income of $132,000 per year; Net operating income (NOI) of $89,500
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