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Fully Occupied Eight-Unit Apartment Building
For Lease
$1,000,000

715 22nd Street, Union City, NJ 07087

Fully occupied eight-unit apartment building in central Union City, close to stores, schools, and everyday conveniences.

Space SizeContact for details
Days on Market38

Property Features for 715 22nd Street

General Information

Standard status Active
Property subtype Industrial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $22,000

Building Details

Tenancy Multi
Listing Agency: Mendez Grp LLC
Listed By: Destiny Gonzalez
Source: Serhant
Added: Jul 6 Changed: Aug 8 Last Checked: Aug 11 at 12:51PM

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.

Fully occupied eight-unit rental property at 715 22nd Street in Union City, NJ. The building is being operated as a residential income asset and is currently at full occupancy.

Set in central Union City, the property benefits from a walkable area with nearby stores and schools, making it practical for day-to-day resident access.

For an investor seeking an already-performing multifamily hold, this eight-unit apartment building offers the advantage of existing occupancy and a straightforward rental configuration within a robust, amenity-oriented town setting.

Key Highlights

  • Fully occupied eight‑unit rental property
  • Apartment building at 715 22nd Street, Union City, NJ
  • Central Union City location

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tattoo & Piercing Shop Nursing Home Real Estate Agency Restaurant Catering Service Adult Day Care

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

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,900
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied eight-unit apartment building in central Union City, close to stores, schools, and everyday conveniences.
Where is this apartment building located?
The property is located at 715 22nd Street Union City, NJ.
What is the lease rate?
The lease rate is $1,000,000.
What are key features of this property?
This property features: Fully occupied eight‑unit rental property; Apartment building at 715 22nd Street, Union City, NJ; Central Union City location
More about this property
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