For Sale
$1,750,000
5843 John F. Kennedy Blvd North Bergen, NJ 07047
Value-add apartment building, high ROI potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $1,750,000 asking price for this value-add multifamily investment opportunity in North Bergen, NJ.
- This Class C apartment building features 4 units, totaling 6,200 net rentable square feet, on a 1,800 sq ft lot.
- Currently boasting a 6.21% cap rate and 95% occupancy, with a projected 7.45% pro-forma cap rate and $130,310 pro-forma NOI.
- The property includes 8 parking spaces and two 2-story buildings, built in 1921.
- Priced at $218.75 per square foot and $437,500 per unit.
Property Details for 5843 John F. Kennedy Blvd
- Property type
- Apartment buildings
- Square Feet
- 8,000 SF
- Class
- C
- Year Built
- 1921
- Buildings
- 2
- Stories
- 2
- Units
- 4
Location Insight
- City
- North Bergen
- County
- Hudson
- State
- New Jersey
- Latitude
- 40.7911305
- Longitude
- -74.0226334
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Value-add apartment building, high ROI potential.
- Where is the apartment building located?
- The property is located at 5843 John F. Kennedy Blvd North Bergen, NJ.
- What is the asking price?
- The asking price for this property is $1,750,000.
- What are key features of this property?
- This property features: $1,750,000 asking price for this value-add multifamily investment opportunity in North Bergen, NJ.; This Class C apartment building features 4 units, totaling 6,200 net rentable square feet, on a 1,800 sq ft lot.; Currently boasting a 6.21% cap rate and 95% occupancy, with a projected 7.45% pro-forma cap rate and $130,310 pro-forma NOI.
- How can I contact the broker?
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