Prime value-add investment opportunity in the heart of West New York, NJ. This well-maintained all-brick 6-unit multifamily property features six oversized 2-bedroom, 1-bath apartments and offers strong in-place cash flow with significant upside potential. Located just minutes from Manhattan transportation, the property benefits from below-market rents, a fully renovated Unit #1, and Unit #4 being delivered vacant, providing an immediate opportunity for renovation and increased rental income. With market rents supporting approximately $2,000 per unit, investors can capitalize on substantial future revenue growth in one of Hudson County's strongest and most desirable rental markets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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