Five-Story Mixed-Use Residential
For Sale
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7215 Bergenline Avenue, North Bergen, NJ 07047
A brick, five-story property combining 21 residences and 2 retail units with billboard and cell tower income.
Property SizeContact for details
Days on Market135
Property Features for 7215 Bergenline Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
21
Building Details
Stories
5
Listed By:
Thomas Scatuorchio
(908) 675-5703
Source:
Kislakrealty
Added: Jun 11
Changed: Oct 13
Last Checked: Oct 23 at 4:50AM
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 Thomas Scatuorchio
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Investment Insights
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This five-story brick building features 21 residential units and 2 retail units. In addition to the residential and retail income streams, the property includes a billboard and cell towers, which generate additional revenue. The building is described as having proven long-term durability, and the historical occupancy is noted as 100%.
The property is located at 7215 Bergenline Avenue in North Bergen, NJ. Retail leases are in place, with the remarks indicating lease terms extending through 2030–2037. The retail income is further supported by built-in retail rent escalations referenced in the offering materials.
For tenants and buyers seeking a diversified, mixed-use income profile, the combination of in-building retail and multiple residential units can provide operational flexibility. The presence of billboard and cell tower leases adds non-traditional income alongside the retail and residential components. Retail tenancy is supported by long-dated lease coverage, while the residential unit count supports day-to-day occupancy within the building.
The property is located at 7215 Bergenline Avenue in North Bergen, NJ. Retail leases are in place, with the remarks indicating lease terms extending through 2030–2037. The retail income is further supported by built-in retail rent escalations referenced in the offering materials.
For tenants and buyers seeking a diversified, mixed-use income profile, the combination of in-building retail and multiple residential units can provide operational flexibility. The presence of billboard and cell tower leases adds non-traditional income alongside the retail and residential components. Retail tenancy is supported by long-dated lease coverage, while the residential unit count supports day-to-day occupancy within the building.
Key Highlights
- Brick, five‑story building with 21 residential units and 2 retail units
- Additional income from billboard and cell tower leases
- Established retail tenants with leases extending through 2030–2037
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Lease Details
21
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,041
Businesses Nearby
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Business Placement
Demographics for 07047, NJ
63,361
Population
25,024
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
12,424
Density / Sq Mi
$75,505
Median Household Income
$43,150
Median Earnings
$1,702
Median Rent
$466,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - A brick, five-story property combining 21 residences and 2 retail units with billboard and cell tower income.
Where is this apartment building located?
The property is located at 7215 Bergenline Avenue North Bergen, NJ.
What are key features of this property?
This property features: Brick, five‑story building with 21 residential units and 2 retail units; Additional income from billboard and cell tower leases; Established retail tenants with leases extending through 2030–2037
